Sneakersnstuff got a new owner

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Sneakersnstuff got a new owner
Photo: Viktoria Bank / TT

The Sneakersnstuff chain (SNS) has got new owners after recently announcing that they had submitted a bankruptcy application.

The German investment company Reziprok is entering as new owners according to a press release and is aiming, among other things, to reopen the chain's store in New York.

The announcement about the bankruptcy application was made just over a month ago. Since then, there have been reports of a bidding war to buy up the bankrupt estate.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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