Daniel Rubin, owner and chairman of footwear chain Dune, is conducting a review of the Shoe Studio Group business he rescued from administration earlier this month.
Rubin told Drapers he was assessing the viability of Shoe Studio’s brands, which include Bertie, Pied à Terre and Roberto Vianni.
He added that he was also reviewing Shoe Studio’s supplier base. In addition to own label, Shoe Studio stores stock footwear brands such as Ugg, Firetrap, Fly London and Diesel. Branded suppliers are understood to have received little communication from Dune since the acquisition but Rubin said he expected to have devised a clear strategy for his new enlarged footwear business by next week.
Rubin, who will run both Dune and Shoe Studio with chief executive John Egan, who worked at Shoe Studio for eight years until the start of 2008, told Drapers: “We are in the due diligence stage, assessing what to do. We will have a clear plan. There are lots of people to listen to.”
Shoe Studio operates 300 concessions and Dune has 45 shops. The businesses have combined sales of £150 million. The scale of the acquisition is likely to present some challenges when it comes to integrating the two businesses.