Amid ongoing legal troubles surrounding his popular sneaker brand, Drip Footwear, entrepreneur Lekau Sehoana took to Facebook to tease a new product release under a different name—Drip Sportif.
Story Summary:
- Entrepreneur Lekau Sehoana, founder of Drip Footwear, recently previewed a new sneaker drop under a brand called Drip Sportif on Facebook, hinting at a fresh start amid mounting legal troubles.
- His flagship brand, Drip Footwear, is under liquidation following a court order due to unpaid debts totalling R20 million.
- Additionally, Sehoana faces multiple lawsuits and a contentious divorce, with allegations of financial misconduct and asset hiding surfacing from various quarters.
Lekau Sehoana flaunts new Drip Sportif sneaker drop
On his Facebook post, Sehoana wrote, “1 December 2024…Drip Sportif. Not Drip footwear. It’s going to be a very long Summer…” signalling that this new line may be independent of the embattled Drip Footwear.
While details about the Drip Sportif line remain vague, the timing of this announcement has stirred speculation.
Many are questioning whether Sehoana’s introduction of this new sneaker brand is an attempt to distance himself from Drip Footwear’s financial downfall, as Drip was recently placed under liquidation following a court order.
The question now lingers—could Drip Sportif represent Sehoana’s fresh start or an effort to divert from the troubled Drip Footwear brand?
Sehoana’s cryptic social media activity suggests that he may be trying to revive his standing in the sneaker market, but the exact strategy behind this latest move remains uncertain.
Sehoana under scrutiny over piling legal woes
Sehoana’s announcement of Drip Sportif comes at a critical time, as he continues to face escalating financial and legal issues.
His flagship company, Drip Footwear, was recently liquidated after Johannesburg’s High Court granted a sequestration order to Wideopen Platform, an advertising agency that claimed Drip Footwear owed R20 million in unpaid fees.
In addition to this, Sehoana is also facing court battles from other creditors, including BMW, which is suing him over missed payments on a luxury vehicle.
Reports suggest Sehoana owes over R6.3 million for a BMW X5, further adding to his financial troubles.
These financial difficulties are compounded by a bitter divorce from his estranged wife, Lebohang, who co-founded Drip Footwear and is demanding half of Sehoana’s assets in their divorce settlement.
In a public interview, she accused Sehoana of both physical and emotional abuse, as well as using business funds to finance a lavish lifestyle.
According to sources close to the matter, there are also allegations that Sehoana may have strategically planned the liquidation of Drip Footwear to protect certain assets from being included in the divorce settlement.
A former employee claimed that Sehoana had been funnelling business funds into international accounts, potentially as a means to evade financial liabilities.
Despite these accusations and ongoing court proceedings, Sehoana remains active on social media, continuing to promote new ventures like Drip Sportif, while his financial and personal battles rage on.
