CORRECTED-Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy
17 Nov CORRECTED-Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy
Posted at 05:32h
in
News
by KMFSLLP
NEW YORK, Nov 17 (Reuters) – U.S. sneaker seller Shiekh
Shoes LLC is searching for financing to avoid bankruptcy, its
owner Shiekh Ellahi said on Friday, as increasing online
competition has caused major upheaval for brick-and-mortar
retail chains.
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