The fashion sector continues to face mounting challenges as numerous apparel brands find themselves in financial distress. On October 29, as reported by Ouest-France, a noteworthy French shoe brand beloved by many families across France has entered troubled waters. Renowned for fitting everyone from toddlers to adults with shoe sizes ranging from 18 to 46, this iconic brand has been sported by legends like David Bowie, Liam Gallagher of Oasis, and Rod Stewart.<\/p>\n
Founded in 1970 by Daniel Raufast, the brand is famed for its robust, all-purpose boots, designed to complement jeans in an urban style, targeting youths who had little interest in traditional loafers. Raufast was inspired by the American Dream, with the brand’s concept reportedly sparked by a street poster of the musical ‘Hair’, where the performers wore jeans but were barefoot. Raufast aimed to rescue them by crafting the perfect footwear just for them.<\/p>\n
The design was heavily influenced by the iconic Levi’s jeans. The silver eyelets for the shoelaces recall the reinforced rivets on the jeans’ pocket seams, and the green label on the boot proudly bears the French label\u2019s name, inspired by Levi\u2019s signature red tag at the back of their jeans. It’s clear that the brand struggling to survive until 2026 is none other than Kickers.<\/p>\n
Currently owned by the Royer Group, which declared its financial restructuring through a press release yesterday, it’s not Kickers itself but its parent company that faces legal proceedings. Since acquiring Kickers in 2007, the parent company\u2019s financial woes have placed Kickers at risk as well. Over the years, the Royer Group has accumulated debts to such an extent that it can no longer fulfill its financial obligations.<\/p>\n
According to Ouest-France, “Since 2022, the Royer Group has had to manage successive crises and growing international competition in its market. These challenges have weakened its operations, leading to a debt level that now requires intervention by the commercial court.” Now under observation, the group has six months to present a convincing recovery plan to the Commercial Court of Rennes. What does the future hold for Kickers? Will new investors step in to support the Royer Group, or will ownership change hands with a new buyer?<\/p>\n\n\n