News & Insights Client News News & Insights Client News C Street Works Shoes For Crews Chapter 11 Apr 5, 2024 April 5th, 2024 / O’Dwyer’s PR – C Street Advisory Group is working the Chapter 11 filing of Shoes For Crews, Boca Raton, FL-based maker of slip-resistant private label footwear brands for workplaces. The financial restructuring is expected to lead to the auction of SFC, which produces shoes for New Balance, MOZO, Puma Safety, DeWalt, Ace and Cole Haan. The pandemic, shift to online shopping, retailer doldrums and inflation hit the bottom line of SFC. CEO Donald Watros said Chapter 11 will help the company get its balance sheet in order. With the support of strong new ownership, Watros said SFC will continue its mission of creating a safer workplace by developing footwear “to bring every employee home safely.” SFC founder Stan Smith launched the company in 1984 after he noticed a rise in workplace injuries caused by slips and falls. The company serves the healthcare, hospitality, foodservice, educational and industrial sectors. Read full article here. Share this article Featured Insights The Comeback Playbook: How Strategic Communications and Branding Drive Corporate Turnarounds Related Articles Dec 11, 2024 SEKO Logistics Closes Landmark Recapitalization Transaction and Announces New Leadership Appointments to Drive Next Era of Growth Strategic Recapitalization Strengthens Financial Foundation, Fostering Long-Term Stability and Industry Leadership New Executive Leadership Appointments... Read the Article Jan 8, 2025 National CineMedia Launches 2025 US Young Lions Competition Celebrates 10th year as US Representative for Cannes Lions International Festival of Creativity Introduces new Young Lions... Read the Article Dec 2, 2024 Hoonigan Successfully Completes Financial Restructuring Positioning Company for Continued Leadership in the Automotive Aftermarket Industry Emerges from Chapter 11 with Significantly Stronger Capital Structure Through Elimination of Approximately $1.2B of... Read the Article Apr 17, 2025 National CineMedia, Inc. to Release First Quarter 2025 Results on May 6, 2025 National CineMedia, Inc. (NASDAQ: NCMI), the managing member of National CineMedia, LLC (“NCM LLC”), the... Read the Article Jan 16, 2025 National CineMedia, Inc. to Host 2025 Investor Day CENTENNIAL, Colo.–(BUSINESS WIRE)–National CineMedia, Inc. (NASDAQ: NCMI) (“the Company” or “NCM”), the managing member and... Read the Article Apr 9, 2025 Publishers Clearing House Takes Strategic Action to Complete Transformation to a Digital Advertising-Supported Entertainment Company Files Voluntary Petition for Chapter 11 Relief to Commence a Balance Sheet Restructuring and Shed... Read the Article
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