Hotter Shoes bought by Woolovers in pre-pack deal
Knitwear retailer Woolovers Group has acquired Hotter Shoes in a deal that will see all 421 employees and 27 stores and concessions “transferred across to the purchaser”.
Woolovers sells knitwear, jewellery and home accessories, and is owned by European investment firm Verdane.
The privately owned fashion brand tried to buy the footwear retailer in April, but was beaten by a rival offer that was then withdrawn.
Already have an account? Sign in here
