Covid-19 presented significant challenges for the company, as 95 of the top 100 US restaurant brands were its customers. These brands accounted for the majority of the company's sales, which totaled around 4 million pairs of shoes per year. However, it is the creditor list that provides the most insight into the company's financial situation.
The top creditor, owed $8.2 million, is Ceva Logistics, a global logistics company. Vandegrift, a New Jersey customs broker acquired by Maersk in 2019, is the fourth-largest creditor, owed $1.5 million. Other notable creditors include VCW Logistics, owed $91,255, Purolator ($63,560), and FedEx ($26,865). Freight and logistics operators account for 41% of the total debt, owed just under $10 million.
← →
The top creditor, owed $8.2 million, is Ceva Logistics, a global logistics company. Vandegrift, a New Jersey customs broker acquired by Maersk in 2019, is the fourth-largest creditor, owed $1.5 million. Other notable creditors include VCW Logistics, owed $91,255, Purolator ($63,560), and FedEx ($26,865). Freight and logistics operators account for 41% of the total debt, owed just under $10 million.
← →
Reference: Found here
Covid was particularly challenging, as 95 of the top 100 US restaurant brands were customers of the company, which sold some 4m pairs of shoes a year._______
No comments:
Post a Comment