Business
Hunter Boot Collapses, Blaming Brexit, Inflation and Warm Weather
How exactly does the maker of a simple $175 rubber boot go under?
Festival-goers wear Hunter Wellington boots during the Glastonbury Festival in Glastonbury, England.
Photographer: Ian Gavan/Getty Images
Hunter’s Wellington boots were the rare product that could unite Britain—from the royal family to pop stars, from the countryside to the city. The classic, $175 tall rain wellies became the chicest boots to wear either while tromping through a muddy music festival or just splashing through puddles in a rainstorm.
But a combination of supply chain problems, Brexit, inflation and unseasonably warm weather ended with Hunter Boot going into administration, the UK’s version of bankruptcy.