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Brantano calls a halt to online trading

Value footwear retailer Brantano has stopped trading online less than a week after falling into administration.

Brantano previously had a transactional website offering styles from brands including Skechers, Rocket Dog, Lotus and Reebok. The website’s holding page now directs shoppers to a list of its stores which are still trading.

Tony Barrell and Mike Jervis of PwC were appointed as joint administrators of Brantano on 22 March after a search for a buyer failed. The retailer has 73 stores and 64 concessions across the UK and employs 1,086 people.

Brantano UK and its stablemate Jones Bootmaker were acquired by Alteri Investors for €17m (£12.2m) from now bankrupt Dutch firm Macintosh in October 2015.

Brantano then fell into administration in January 2016, before being bought back by Alteri a month later through a pre-pack administration.

Both Brantano and Jones fell into administration again last week. Jones was bought by private equity firm Endless on 24 March through a pre-pack deal.

 

 

 

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