Walter Fink, former owner of the German Fink Schuhe + Sport retail chain of 60 shoe and sporting goods stores, passed away at the age of 87. Born in 1930, Fink joined his father's shoe retail store in 1960. He focused on the expansion of the company before he left the executive board in 2002. Fink was also supporting contemporary music and co-founded the Rheingau Music Festival. In 2010, the Fink family sold its shares in the company to Günther Nold, long-time chief executive of the German retail chain. In July 2011, Nold passed away after a serious illness. In 2014, Fink Schuhe + Sport applied for insolvency proceedings at a court in Wiesbaden.

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