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Hotter’s Unbound Group to appoint administrators, suspend AIM listing

Following the termination of its formal sale process, Unbound Group has announced the intention to appoint administrators to its main operating subsidiary, Beaconsfield Footwear Limited (OpCo). In a regulatory filing, the company, which owns footwear brand Hotter, said that it was to appoint Will Wright and Rick Harrison of Interpath Advisory...

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Business

Hotter’s owner Electra to change company name and reveals expansion plan

The owners of shoe manufacturer Hotter have announced plans to transition from the Electra Private Equity PLC to Unbound Group PLC. The name change is expected to be implemented in early 2022, after it was approved by shareholders in a meeting on December 30, 2021. Additionally, Electra’s delisting from the FTSE Main Market and the admission to...

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