Even though i haven’t done any changes to original theme, update from 1.2.9 to 1.3.0 had destroyed my main menu and all footer widgets. This is just embarrassing. :(
We are sorry you have faced this discomfort, but the theme update does not affect the settings as they all are stored in the database. A theme update only overwrites the files.
However, thank you for pointing this, we will take on extra tests to verify this.
