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Shiekh Shoes shaken by consumers’ move away from malls

23/11/2017

Athletic footwear retail group Shiekh Shoes has said it needs new funding to avoid bankruptcy. The company, founded in 1991 to cater mainly to ‘sneakerhead’ enthusiasts, how has 120 stores across the US. Founder, Shiekh Ellahi, has told Reuters that the group requires new funding because of pressure from institutions it already owes money to, as...

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