Local sneaker brand Drip Footwear employees are upset after they were dismissed this week following the liquidation of the company. On 9 September, the High Court in Johannesburg ordered the ...
JOHANNESBURG - Following the liquidation of his popular shoe brand, Drip Footwear, businessman Lekau Sehoana has returned with a new label, Drip Sportif, calling it a "rebirth". Drip Footwear was ...
Drip collapsed under the weight of unsustainable growth and weak internal controls. For South African business owners, this case holds vital lessons: how rapid expansion, without the right systems in ...
The Drive with Thando team on 947 speaks to Kim Warren, Director of KWA Attorneys. Listen below. It might be the end of the road for South African footwear brand Drip after the company’s assets were ...
Earlier this year, Wideopen Platform filed papers in the high court in Johannesburg, seeking an order to wind up Drip. It said the company was insolvent and unable to service its debts. The company ...
Drip Footwear was one of South Africa’s most visible SME success stories—until it wasn’t. Within five years, the brand evolved from a township startup to a national retail name, celebrated for its ...
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