TOMS

TOMS Shoes creditors to take over the company

TOMS Shoes creditors to take over the company

TOMS Shoes LLC’s creditors have agreed to take over the maker of casual footwear in exchange for restructuring its debt, according to a company letter sent to employees on Friday and people familiar with the matter. Credit ratings agencies had warned that TOMS, which is known for its charitable giving, would not have been able […]