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Hotter Shoes owner makes debut on AIM

Hotter Shoes owner the Unbound Group has made its debut on the AIM market of the London Stock Exchange. Previously known as Electra Private Equity Group, … View Article

FASHION RETAIL NEWS UK

Hotter Shoes owner makes debut on AIM

Hotter Shoes owner the Unbound Group has made its debut on the AIM market of the London Stock Exchange.

Previously known as Electra Private Equity Group,  the company said in a statement that Ian Watson and Daniel Lampard will now be appointed as directors of the company as chief executive and chief financial officer respectively.

Watson said: “We are delighted to begin trading on AIM and I would like to thank the members of our team who have played a part in reaching today’s milestone. I look forward to building on our work to date and to creating long-term value for our stakeholders as a listed company.”

Meanwhile, Neil Johnson will continue as non-executive chairman after previously serving as executive chairman, and Gavin Manson will step down as chief financial and operating officer and will continue as a non-executive director.

Watson added:  “Our focus now, as well as continuing the development of Hotter Shoes, is on developing our Unbound Group partnership strategy, selling selected products in addition to Hotter Shoes footwear on the Unbound Group website, which is progressing well.  Confirmation of partners in the initially targeted specialist footwear and apparel segments will be made in due course, with first revenues expected in the second quarter of 2022.”

 

 

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