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Payless explores its options 18 months after restructuring

18/01/2019
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 and the elimination of substantial debt.  Now,...

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