Alteri news and archive

Alteri believed to be mulling Kurt Geiger bid

Alteri Investors, the former owner of Missguided, is reportedly considering a bid for footwear brand Kurt Geiger, making it one of several parties said to be interested in snapping up the British retailer. The company is currently owned by private equity firm Cinven, which last year appointed Bank of America to oversee an auction process, which...

BusinessFeatured

Alteri announces “significant investment” in Missguided

Alteri Investors, the specialist European retail investor, is backing fast-fashion brand Missguided with significant investment to help the online retailer following a challenging pandemic period. Alteri’s investment comprises of both debt and the acquisition of 50 percent of the group’s equity to provide Missguided with the liquidity and...

Business |UPDATE

Brantano pulls the plug on online trading

London - Brantano has ceased trading online as of March 27, less than a week after the value footwear retailer was placed into administration. The move sees the retailer's administrators, PricewaterhouseCoopers, pulling Brantano's e-commerce platform offline and replacing its former transactional website with a temporary holding page. The...

Business |UPDATE Featured

Jones Bootmaker sold in pre-pack administration deal to Endless

London - Jones Bootmaker has been saved from collapsing into administration as the high street chain has been sold through a pre-pack administration deal to Endless. Jones Bootmaker was teetering on the edge of falling into administration last week when the private equity firm came through on the 11th hour and agreed to take over the footwear...

Business

Jones Bootmaker poised for administration

London - Now that Brantano has been placed into administration, sister footwear chain Jones Bootmaker is expected to enter administration on Friday as owner Alteri has failed to find a suitable buyer for the footwear retailer. The move would see over 1,100 jobs at risk as the footwear retailer currently employs 1,145 people in close to 100...