By letting it plunge into administration and then buying the healthiest parts back,Alteri has shed Brantano’s debts and struggling stores at little costAlmost 1400 retail jobs have been saved after the private fairness firm that put the reduction shoe chain Brantano into administration bought it back.
Alteri has bought 81 shops and 59 small concessions, which between them employ 1372 people. Related: Shoe retailer Brantano calls in administrators Continue reading...
Source: theguardian.com