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British Footwear Brand Goes Bankrupt

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U.K. firm Steptronic Footwear Ltd. on Wednesday fell into administration, what Americans better know as bankruptcy The men’s shoe brand has appointed James Saunders and Michael Lennon of Kroll as joint administrators, Steptronic said. The company’s warranty and terms and conditions don’t apply to sales made during bankruptcy. The company is known for its sheepskin…

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