Email tells partners of intension to file for insolvency as parent company suffers severe liquidity and profitability challenges
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Uncertainty surrounds the future of Wiggle Chain Reaction after its business partners were sent an email, seen by BikeRadar, stating the company will file for insolvency.
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Wiggle Chain Reactions future has been thrown into doubt after a period of turmoil for owner, Signa Sports United. Earlier this month, Signa Sports United (SSU) announced an intention to restructure and delist from the New York Stock Exchange as the sports e-commerce company faced severe liq…
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