Wourth Group, the owner of Hotter Shoes, has acquired German fashion brand Peter Hanh GmbH out of administration, expanding the group’s presence into the DACH region and the Netherlands. The company, which previously operated in the UK under the title WoolOvers Group, carried out the transaction as part of an insolvency plan which ensures the...
13 Sept 2024
The chief executive officer and chief financial officer of Hotter have reportedly stepped down from their roles just days after the footwear brand was acquired by WoolOvers Group. The firm snapped up Hotter Shoes in a pre-pack administration deal for 6.7 million pounds after its former owner Unbound Group initiated the sale of its main...
27 Jul 2023
Hotter Shoes, the footwear brand once operated by the struggling Unbound Group, has been swiftly rescued by WoolOvers Group in a pre-pack deal for 6.7 million pounds. The sale comes after Unbound Group appointed administrators on July 17, after halting a wider formal sales process for the company and instead opting to sell its subsidiary,...
20 Jul 2023