Hotter Shoes news and archive

Hotter Shoes to be put up for sale

The owner of British footwear retailer Hotter Shoes is reportedly preparing to put the business up for sale. Electra Private Equity has called in investment bank Stifel to run an auction of the company during the course of next year, Sky News reports. Sources told the publication that the sale process would not begin until Hotter Shoes had been...

Business

Hotter Shoes to get 2 million pound investment from owner amid CVA

Hotter Shoes owner Electra Private Equity PLC has announced it will pump 2 million pounds into the British footwear retailer as part of its company voluntary arrangement (CVA). The retailer got the green light last month from creditors to go ahead with its CVA which will see 46 of its stores permanently closing, bringing its total number of...

BusinessFeatured

Hotter Shoes to launch CVA as it looks to shrink store estate

The owner of Hotter Shoes has announced it intends to restructure the British footwear retailer through a company voluntary arrangement (CVA) process. Electra Private Equity announced Friday that following the emergence of the Covid-19 pandemic, Hotter Shoes has been in talks with a number of its landlords to seek agreements to reduce the size...

Retail

Hotter Shoes partners with First Insight for predictive analytics

British comfort footwear brand Hotter Shoes has announced a new strategy to make decisions based on consumer wants. The company teamed with First Insight, a digital product testing and decision-making platform, to gather consumer-driven predictive analytics to more accurately design, buy and price decisions on new products. First Insight will...