A week on from the news that it had been issued with a moratorium on payments, it has now been reported that Unlimited Footwear Group B.V. has failed to emerge from the proceedings, ultimately seeing it fall into bankruptcy, a public insolvency register revealed today. With this, several subsidiaries are also declared bankrupt. The Dutch...
29 Feb 2024
Björn Borg’s footwear licence partner Serve&Volley, subsidiary of Unlimited Footwear Group, has initiated restructuring proceedings in the Netherlands. Serve&Volley is responsible for design and distribution of Björn Borg shoes in Europe, except Sweden, Finland and Denmark. Commenting on the development, Björn Borg CEO Henrik Bunge said: “We had...
20 Feb 2024
The Dutch footwear company Unlimited Footwear Group B.V., which operates under the name The Heritage Footwear Company, has obtained a moratorium on payments according to the public insolvency register. If a company is no longer able to pay its invoices, it can apply to the court for a moratorium. This means that the fashion company may suspend...
Heritage fashion label Lyle & Scott has signed a new strategic licensing partnership with Unlimited Footwear Group (UFG) that will see the Dutch group designing, producing and distributing all upcoming branded Lyle & Scott footwear collections. Under the new license, UFG will manage Lyle & Scott’s footwear collections for men, women and...
22 Aug 2022
Paul Frank has signed a strategic licensing partnership with Unlimited Footwear Group (UFG) to design, produce, market and distribute Paul Frank branded footwear in 50 countries including the UK, across the EU, Eastern Europe, Switzerland and Scandinavia. The Paul Frank footwear will launch collections for men, women and kids for spring/summer...
25 May 2022