Leicester footwear giant reports ‘positive’ outlook
Shoe Zone, the Leicester-based footwear retailer, says revenues will fall by £1.8m for the year to 30 September, but that profits for the year will be "broadly in line with expectations", despite a round of store closures.
The firm is predicting revenues of £158m for the year, and says that despite foreign exchange woes that affected the firm, it has continued with its 'Big Box' store roll-out.
The firm ended the year with 496 stores, having opened 21 and closed 35 during the period. Within the 21 store openings, six were the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
