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Sandra Halliday Published
June 22,黑帽快排UA伪装 2025
Things haven’t been going well lately for Unbound Group — the owner of the Hotter comfort shoes brand — and it’s now reportedly mulling a restructuring process that would require court approval and would allow it to shed some of its liabilities.
Such an emergency restructuring option would come after a process for a sale of the business seems to have stalled.
Sky News reported that the company has asked Interpath to start preparing for a a restructuring plan, although it said sources told it that’s not a certainty.
As recently as last month, Unbound Group had announced that it was refocusing on its core Hotter brand (after a period in which it had invested in a multi-brand platform), and was rationalising its range, buying-in more products as finished goods, and launching a formal sale process.
The company, which earlier this decade had seen a CVA and a raft of store closures, had seemed to be bouncing back and its multi-brand plan was its big strategy to make the most of the market recovery.
In the spring it was signing up partners for the platform, including Birkenstock, Geox, Skechers and Hush Puppies.
In the summer it raised over £4 million expansion cash via a share placing, and early last autumn it was reporting improved margins and rising revenue “illustrating benefits of [the] multi-channel sales model despite challenging market conditions”.
But the circumstances in recent periods — high inflation, a cautious consumer and the cost-of-living crisis — seem to have derailed its progress. In early 2025, it reported disappointing trading with a “challenging” second half of the financial year to February.
It then entered talks for WoolOvers to take it over although those talks fell through. And a funding proposal from Marwyn Investment Management in April fell through after Marwyn walked away.
This all left Unbound with a market capitalisation of only £1.8 million as of Thursday.
A spokesman for the group told Sky that it had “initiated a formal review of strategic options which included several possible outcomes, all of which are currently still under consideration”.
It stressed that no decisions had been made and Interpath didn’t comment.