Wiggle Faces Insolvency: A Closer Look at the Recent Developments In a ‘private’ email to a supplier, Wiggle (Chain Reaction) has announced its intention to file for insolvency. This revelation is not that surprising considering the financial woes of the parent company (Signa Sports) which were reported here a few weeks ago Wiggle – Massive Losses The troubles first came to light when Signa Sports United (SSU) restructured and delisted from the NYSE citing “severe liquidity and profitability challenges.” The liquidity comment relates to the removal of a line of credit by the Holding Company and the profitability challenges cited…

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