creditors

Aldo Group completes restructuring process

Published: July 21, 2022

Mid-priced footwear and accessories manufacturer Aldo Group has announced that its restructuring process, initiated in May 2020, has ended.

Three possible investors for Roberto Cavalli

Published: April 5, 2019

Of the 80 potential investors contacted by Rothschild, hired by private equity Clessidra to find a minority partner for the Italian luxury fashion Group, three are reported to have expressed an interest.

Italian tannery files for bankruptcy

Published: November 29, 2018

The tannery located in the Italian province of Fermo, Marche, specialises in leather for footwear and leather goods.

Major Portuguese leather footwear manufacturer goes bankrupt

Published: April 17, 2018

Creditors of one of Portugal’s most modern leather shoe factories are reported to have given orders for the liquidation of assets on April 10.

South African wet-blue processor secures loan to re-open

Published: March 21, 2018

The majority shareholder of one of South Africa’s oldest tanneries and wet-blue processors is reported to have secured a loan in order to settle debts with creditors and re-open the business.

GST AutoLeather sale fails to go ahead

Published: January 24, 2018

The bid to sell the premium automotive leather manufacturer’s assets to its senior lenders failed to go ahead in the Delaware, U.S., bankruptcy court on January 22 as the infighting between secured and unsecured creditors continues.

GST AutoLeather cleared for acquisition bidding

Published: November 22, 2017

Under the company’s plan, bids to acquire the Michigan, U.S., based supplier of premium leather for automotive interiors will be received until January 8, 2018.

Danier Leather enters insolvency proceedings

Published: February 9, 2016

Operating losses worsen as one of Canada’s leading leather apparel retailers files for insolvency to protect itself from creditors while searching for a buyer.