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Historic Australian Footwear Brand Wittner Enters Administration

The 113-year-old retailer seeks restructuring or sale as financial pressures mount, with operations continuing for now.

Overview

  • Wittner, a 113-year-old Australian footwear retailer, has been placed into administration, citing rising costs and supply chain challenges.
  • Deloitte administrators Sal Algeri and David Orr have been appointed to oversee the restructuring or potential sale of the business.
  • The company operates over 20 standalone stores, 25 concessions within Myer and David Jones, and an online platform including The Iconic.
  • Employees face uncertainty, particularly as the workforce is predominantly female and includes many long-term staff members.
  • Wittner's collapse is the latest in a series of Australian retail insolvencies, following brands like Jeanswest and Mosaic.

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