The renowned Swiss shoe manufacturer Künzli is set to close by the end of the year due to the inability to find a successor for the business.

This decision will result in the loss of jobs for eleven employees at its headquarters in Windisch, Switzerland.

Despite the company's healthy growth and strong market presence, no suitable successor was found, leading to the closure.

Künzli, known for its iconic therapeutic shoes and sneakers, plans an orderly withdrawal from the market, with products available until early 2025. The company, founded in 1927, has a rich history of innovation, including the creation of the famous five-striped shoe.

The closure marks the end of an era for a brand that has navigated the complex intersection of medical and fashion markets.