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Drip footwear enters liquidation

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Local sneaker brand Drip Footwear has been placed in liquidation, resulting in the dismissal of its workforce and the closure of 14 stores nationwide.The winding up of the company comes after a court ruling stemming from a legal battle with advertising agency Wideopen Platform over an unpaid debt of R20m. Thabiso Tema spoke with Ashley Seckel, Commercial Attorney at SmitSew Attorneys and Conveyancers.

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