Luxury shoe firm Cheaney has been bought by its former management from Church & Co, a subsidiary of the Prada Group.

William and Jonathan Church, who are former directors of Church & Co, say they plan to develop the business through both wholesale and own-retail channels, and are putting together a new luxury men's shoe collection for autumn/winter 2010.

Cheaney was sold to Church & Co in 1964 and specialises in high-grade, men's welted footwear.

The company has more than 100 workers at its factory in Kettering, Northamptonshire, and also makes men's footwear for a number of high-end brands and retailers.