Entrepreneur and founder of Drip Footwear Lekau Sehaona dropped a bombshell this week when he announced that his business is being liquidated. In a letter sent to the employees, the employer stated ...
Local sneaker brand Drip Footwear employees are upset after they were dismissed this week following the liquidation of the company. On 9 September, the High Court in Johannesburg ordered the ...
JOHANNESBURG - The advertising company behind the liquidation of popular Drip Footwear says there is still a chance the company could rebrand and make a return under new management. Last week, ...
Entrepreneur Lekau Sehoana is back in business after facing liquidation due to his business Drip Footwear facing financial struggles last year. On 9 September 2024, the Johannesburg High Court ordered ...
JOHANNESBURG - Following the liquidation of his popular shoe brand, Drip Footwear, businessman Lekau Sehoana has returned with a new label, Drip Sportif, calling it a "rebirth". Drip Footwear was ...
Drip collapsed under the weight of unsustainable growth and weak internal controls. For South African business owners, this case holds vital lessons: how rapid expansion, without the right systems in ...