Is this the end of Faith shoes??

IS THIS THE END OF FAITH?

Faith has announced today that it has gone into administration.

The troubled shoe brand has been searching for a buyer for the last few weeks but now it looks as though it may be the latest high street victim of the credit crunch. But hope is not all lost - if a new investor comes forward soon then the brand could still be saved.
In the meantime the online shop isn't taking any more orders but the stores are still open and are offering 10% off everything for the foreseeable future. This was a huge shock as i always thought the brand was very successful...it would seem not!!