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Business as usual for MBT subsidiaries despite administration

17/05/2012

The parent company of Swiss toning footwear brand MBT has gone into administration, but reports suggest business will continue as normal for its subsidiaries, in some countries at least. Unmanageable levels of debt forced court-appointed administrators to take over the running of Masai Group International in mid-May. However, MBT Ibérica, a new ...

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