Hunter, the maker of the popular Wellington boot, worn by the likes of Princess Diana, Kate Moss, Cara Delevingne and Alexa Chung, has filed for the British version of bankruptcy
protection. "Pandemic-related supply chain problems, Brexit and inflation all played their part. However the company largely blamed the dry-up in demand to unseasonably
warm weather in its largest market: the United States," per The New York Times. "Online, however, some customers also aired their theories on what had gone wrong.
Namely, that Hunter’s offshoring of production to China had led to stumbles in quality control, resulting in split rubber and sodden toes."
Read the whole story at The New York Times »