Tue, 28 Feb 2017 | BUSINESS SALE
Jones Bootmaker, one of the oldest names on the British high street, has been put up for sale by its private equity owner Alteri Investors, reports say.
It is thought that Alteri has appointed KPMG to explore options for the future of the business, including a possible sale or administration.
Jones Bootmaker was established in 1857 when Alfred and Emma Jones opened their footwear shop in Bayswater, London. Today the firm, headquartered in Leicestershire, has more than 120 stores across the UK.
Alteri acquired Jones Bootmaker from Macintosh Retail Group in October 2015 in a £12 million deal that also included rival shoe retailer Brantano. That firm was put through a pre-pack administration last year.
Despite attempts by Alteri to modernise Jones Bootmaker, including launching an improved website, new head office, offering click-and-collect and investing in new product ranges, the company has decided to find a new investor for the business.
A number of UK retailers are facing significant pressure as they tackle business rates, rising wage bills and higher import costs driven by a weaker post-Brexit pound.
Find retail businesses for sale.
Market-leading classic car restoration business, globally recognised for its premium vehicle restoration and reimagining of iconic Mercedes-Benz classics, including pioneering electric vehicle (EV) conversions.
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
The business is a specialist Land Rover spares, repairs, and servicing garage located in Shrewsbury.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.