Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy
November 17, 2017 at 20:42 PM EST
NEW YORK, Nov 17 (Reuters) - U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains.
