Major UK shoe chain Wynsors World of Shoes is reportedly undergoing a major restructuring, with 47 store locations at risk of closure. The British shoe chain, previously purchased by investment firm Modella Capital, is planning a company voluntary arrangement (CVA) that could put up to 100 roles at risk.
Adam Foster, CEO of Wynsors, stated: "Wynsors has been a trusted name on high streets for over 40 years, serving communities across the north of England with quality, affordable footwear. Regrettably, the severity of the challenges we have faced, ranging from an extremely difficult trading environment to a significant cyber-attack disrupting our core operations, have made this restructuring unavoidable."
He added: "This CVA is a necessary step to give Wynsors a viable future. Our focus now is on working constructively with our creditors, including landlords and other stakeholders, to allow us to continue serving our customers and providing jobs for colleagues who will stay with the business."
Full list of 47 Wynsors World of Shoes store locations at risk
- Bacup
- Barnsley
- Birkenhead
- Blackburn
- Bolton
- Bootle
- Bradford
- Broadstone Mill
- Burnley
- Bury
- Castleford
- Chesterfield
- Crewe
- Dalton-In-Furness
- Dewsbury, Ravensthorpe
- Doncaster
- Fleetwood
- Gateshead
- Grimsby
- Halifax
- Hanley
- Hartlepool
- Huddersfield
- Hull
- Leeds (York Road)
- Leeds (Middleton)
- Liverpool (Knotty Ash)
- Macclesfield
- Manchester (Newton Heath)
- Manchester (Openshaw)
- Manchester (Swinton)
- Manchester (Wythenshawe)
- Newcastle (Whitley Road)
- Oldham
- Preston
- Rochdale
- Salford
- Scunthorpe
- Sheffield
- St Helens
- Stockport
- Stockton
- Sunderland
- Thurcroft
- Wakefield
- Warrington
- Wigan
As well as these stores, Wynsors World of Shoes also operates two concessions in Pendle Village, Nelson and Oswaldtwistle Mills.
