For decades, one fashion accessory was more synonymous with Britain’s most famous music festival, Glastonbury, than any other: Hunter Wellington boots. To many, Hunter — which held a royal warrant, and was established in Edinburgh as the North British Rubber Company in 1856 — became a brand as quintessentially British as afternoon tea, queuing and talking about the weather. But this week, days before this year’s (uncharacteristically sun-soaked) Glastonbury got underway, Hunter was forced to file for administration, the British equivalent of bankruptcy, owing creditors about $146 million. However the company largely blamed the dry-up in demand to unseasonably warm weather in its largest market: the United States. Namely, that Hunter’s offshoring of production to China had led to stumbles in quality control, resulting in split rubber and sodden toes.

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Persons: Hunter Wellington, Kate Moss, Cara Delevingne, Alexa Chung, Hunter —, —, Hunter Organizations: North British Rubber Company, United States . Locations: Glastonbury, Edinburgh, United States, China