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Payless explores its options 18 months after restructuring

Payless explores its options 18 months after restructuring

US footwear retail group Payless ShoeSource has hired an advisor to explore options, including a sale or further restructuring, Reuters has reported.

The company entered and then emerged from chapter 11 bankruptcy protection around 18 months ago. This followed an extensive financial restructuring...
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China

Positive numbers for Stella International

Footwear group Stella International ended 2018 with revenues from its shoe manufacturing operations of more than $1.5 billion, an increase of 2.7% compared to the figure for 2017. ...




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