Hunter Boots Bankrupt: Take Advantage of Clearance Sales

In a surprising turn of events, iconic British heritage footwear and outerwear brand, Hunter Boots, has recently filed for bankruptcy, entering administration in the UK. The company, which has faced significant challenges in recent years, owes a substantial debt of over £115 million (approximately $146 million) to its creditors.

Hunter Boots’ rise to fame can be attributed to its iconic Wellington Boots, which have become synonymous with durability, style, and functionality. Originally introduced in 1956, these boots have stood the test of time, making them a staple for outdoor enthusiasts and fashion-conscious individuals alike. With their reliable waterproof construction and comfortable fit, Hunter Wellington Boots have become a symbol of British heritage and are recognized worldwide.

While Hunter Boots is best known for its Wellington Boots, the brand has also diversified its product offerings over the years. From weatherproof outerwear to bags and accessories, Hunter’s expanded range has allowed individuals to create cohesive and stylish outfits for various occasions. 

The financial woes of Hunter Boots can be attributed to various factors that have plagued the company in recent years. Starting in 2019, the brand faced challenges such as diminishing demand and unseasonably warm weather, impacting sales of their signature boots. The COVID-19 pandemic further exacerbated their troubles, causing supply chain disruptions, inflation, and higher costs. In 2020, Hunter’s net sales declined by 20% compared to the previous year. Although sales rebounded in 2021, ongoing supply chain issues persisted throughout 2022, ultimately contributing to the company’s decision to file for administration.

Although Hunter Boots’ Bankruptcy is unfortunate for the brand and its loyal customers, it presents an opportunity for bargain hunters to take advantage of clearance sales and potentially grab a pair of these renowned boots at discounted prices. 

Retailers such as Sport Chek, The Bay, Zappos, DSW, The Shoe Company, and Bloomingdale’s are currently offering Hunter Boots products at clearance prices. Find the best deal and snag them quickly while supplies last! Happy bargain hunting!