Australian-born footwear brand Wittner is the latest fashion business to fall into voluntary administration.
Deloitte Turnaround & Restructuring partners Sal Algeri and David Orr have been appointed as administrators.
The brand turns 113 this year.
Algeri said trading will continue as normal as the administrators work towards a sale and/or recapitalisation of the Wittner business.
“We understand the appointment of administrators will be particularly concerning to Wittner’s employees, as well the very loyal customer base it has built over decades.” Algeri said.
“Please be assured that trade will continue on a business-as-usual basis as we conduct an urgent review of the group’s finances and seek expressions of interest…
