UK: Footwear Manufacturer Nil Simile Saved

Equity Shoes has acquired the Nil Simile brand, rescuing the company from probable liquidation.The range of narrow and wider fitting footwear complements the Equity range to provide an even wider range to the customer, Equity said.Ray Spencer, general manager of Equity Shoes said: "We are very excited at the opportunity to add this quality brand to our range, and have every intention of moving the brand forward both in the UK and abroad."The Leicester-based firm went into voluntary liquidation in September. It made fashionable ladies shoes and specialised in very narrow to very wide fittings.