Spanish division rescues MBT UK
According to news reports, footwear brand MBT UK has been
acquired by the company’s Spanish division.
The Times
reported that the Spanish branch has acquired the UK subsidiary’s stock and has
told customers it will resume trading from its eight standalone stores and four
outlet shops in the near future It also has around 100 UK stockists.
Masai Marketing and Trading AG, the Swiss-based parent
company, which operated as Masai GB Ltd in the UK, went into administration in
May.
It is thought the parent company may be planning to
regain worldwide control of the rights to the brand through its Spanish
division.
Launched in the UK in 1995, MBT was the original “fitness
shoe”, but faced stiff competition from other brands such as Reebok and
Fitflop.
