Shoe chain Aldo collapsed into administration after its Canadian parent firm Aldo Group drafted in administrators at insolvency specialists RSM. Aldo has announced that five out of its 13 UK shops will not reopen
The chain entered into administration for the second time this year in April, with 17 stores to permanently close
Manolete Partners (LON:MANO) work alongside IPs from all of the “Big Four” through to one and two partner specialist insolvency and restructuring practices in the regions. Manolete finances the work of the Insolvency Practitioner and their lawyers to make optimal recoveries for the creditor estates and takes on all the risk.