The Walking Company
There seems to be a connection between shoes and bankruptcy. We have so far named a few shoe companies that filed for Chapter 11 bankruptcy. We mentioned Nine West, Payless, Rockport, and now, The Walking Company. If you want to start a shoe company, better learn from these companies’ mistakes! The Walking Company is a maker of comfortable walking shoes. In March 2018, they filed for Chapter 11 bankruptcy. That was even before Rockport filed for bankruptcy. However, it wasn’t the first time for The Walking Company to file for bankruptcy. Ten years ago, it also filed for Chapter 11. However, this store has a happy ending – it came out of bankruptcy in July.
The Walking Company
Kiko USA
Kiko USA is a store that sells cosmetic products and is a subsidiary of a larger company called Kiko Milano. In mid-January, the beginning of 2018, Kiko USA filed for Chapter 11 bankruptcy. It plans to solve its financial problems by closing nearly all its stores in the U.S., or so it seems. Kiko has around 30 stores across the U.S., all of which are located in shopping malls. Kiko USA is having problems within the U.S. but its international business is going from strength to strength. To rectify the situation in the U.S., Kiko USA has been negotiating with landlords to lower their rent and to terminate leases.
Kiko USA
