mahabis news and archive

Mahabis appoints former Moonpig managing director as CEO

London-based upmarket slipper brand Mahabis has appointed former Moonpig managing director Iain Martin as its new CEO. Martin will be taking over from James Cox, who was appointed interim CEO when the company was saved from administration by YYX Capital in January. Martin, who will be starting his new role on 18 March, spent nine years leading...

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Slipper brand Mahabis saved from administration by YYX Capital

London-based slipper brand Mahabis has been saved from administration by YYX Capital, the investment group co-headed by Simba Sleep founder James Cox. The acquisition, agreed with administrators KRE Corporate Recovery, has safeguarded the jobs of all Mahabis' staff. James Cox will take over as interim CEO, and YYX Capital will lend its expertise...

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Slipper brand Mahabis enters administration

Premium footwear brand Mahabis, known for its slippers with detachable soles that enables the footwear to be worn both inside the home and out, has entered administration. Founded by entrepreneur Ankur Shah in 2014, Mahabis, which claims to have sold nearly a million pair of slippers to customers in more than 100 countries, called in...