Jones Bootmaker administration: Kurt Geiger and Endless eye up struggling shoe brand
As Jones Bootmaker sits on the brink of administration, upmarket shoe retailer Kurt Geiger and Endless, the turnaround firm that owns Bathstore, are reportedly among suitors poised to swoop in to the 150-year-old firm’s rescue.
The two are in discussions with advisers to Jones’ owners about deals that would potentially save hundreds of jobs, Sky News reported.
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Earlier this week, it emerged Alteri Investors, which has owned Jones for two years, filed a notice of intention to appoint administrators, a move that keeps creditors away until next week.
It is unclear how many of the 1,100 jobs at Jones would be saved after any deal.
Kurt Geiger’s prospective bid would save the Jones brand but not its high street shops.
Several other parties are reportedly interested in the sale.
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