Author Topic: Popular sneaker chain files for bankruptcy... leaving fans concerned about the fate of the company  (Read 588 times)

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Popular sneaker chain files for bankruptcy... leaving fans concerned about the fate of the company

Daily Mail
By ALICE WRIGHT
24 March 2025



A much-loved sneaker chain has filed for Chapter 11 bankruptcy leaving fans concerned for the future of its stores.

Soleply, known for its high-end brands like Kanye West's Yeezy, filed for bankruptcy in New Jersey on Friday.

Chapter 11 bankruptcy protection will allow the company to keep operating while it reorganizes its debts and plans for a return to profitability.

The premier sneaker retailer currently has six locations across Delaware, Connecticut, Maryland, Rhode Island, New Jersey and Pennsylvania.

It offers some of the most coveted sneakers, including Nike's Air Jordans, as well as brands like Stussy, Guess, and Fear of God Essentials.

Soleply - which also sells t-shirts, sweatshirts, jackets and hoodies - has up to $10 million in debts, according to court filings.

Sneaker enthusiasts often travel from neighboring states to shop at Soleply’s stores.

Loyal customers are now worried the stores could close permanently, leaving them without a local spot to buy their favorite brands in-person. 

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https://www.dailymail.co.uk/yourmoney/consumer/article-14531127/popular-sneaker-chain-bankruptcy-protection-fans-concerned.html
You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
Rational fear and anger at vicious murderous Islamic terrorists is the same as irrational antisemitism, according to the Leftists