Bakers Hits A Credit Crunch

Bakers Footwear warns that it is running the risk of not meeting minimum profit-related conditions this year for its bank facilities. Because of this, its long-term debts are considered current liabilities. It is operating on negative working capital of $12.8 million, with just $600,000 in unused credit available. On May ...

REGISTER a free Account today to continue reading this article.

SIGN-IN if you are already a subscriber of Shoe Intelligence.

barrier_image_SI

Subscribe today for just €8,36 a week

Your membership benefits:

  • Unlimited access to shoeintelligence.com - all insight, analysis and statistics 24h/day available online
  • Our executive edition of Shoe Intelligence (Digital Edition) - the must-read for all decision-makers in the industry
  • Weekly E-mail Briefing from the Chief Editor with the lastest analysis and most important industry developments
  • Case studies and best practices on business challenges
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
  • Unlimited access to shoeintelligence.com - all insight, analysis and statistics 24h/day available online
  • Powerful search and access to over 16,500 articles and analyses in the archive
  • Personal library to save articles and track your key content

If you aren’t ready to subscribe now, choose the 30 day trial for 1€. To continue reading this article REGISTER NOW