In the 52 weeks to October 2, 2021, total revenue at Shoe Zone was 119.1 million pounds compared to 122.6 million pounds in FY20 and 162 million pounds in 2019. The company said in a statement that the result was impacted by the Covid pandemic mainly in the first half of the year as stores were closed for 16 weeks. The company’s digital revenue...
13 Oct 2021
Shoe Zone CEO Anthony Smith and chair Charles Smith have snapped up 1.28 million pounds worth of shares in the company. The two executives have acquired a total of 1.6 million ordinary shares of 1p each at a price of 80 pence per share. Sheepy Magna Investments Limited, an investment vehicle in which Charles Smith has a 50 percent interest, has...
21 May 2021
In the six months to April 3, 2021, Shoe Zone PLC generated revenues of 40.4 million pounds compared to 68.9 million pounds in the first half of 2020 and a loss before tax of 2.6 million pounds compared to 2.5 million pounds last year. In the period, the company’s digital sales rose to 17.6 million pounds, however the store deficit was 40.5...
18 May 2021
In the 52 weeks to October 3, 2020, revenues fell by 24.4 percent at Shoe Zone plc to 122.6 million pounds following the loss of trade from retail stores due to Covid-19. The company ended the year with 460 stores, a net reduction of 40 stores on 2019. Shoe Zone reported loss before tax of 14.6 million pounds against profit before tax of 6.7...
8 Mar 2021
Shoe Zone has announced that Peter Foot, its finance director, has left the business with immediate effect and that the company’s board has started the search for a replacement. The company said in a statement that Root’s departure will not have any impact on the company’s year end results, to be announced on March 8, 2021. According the company...
22 Feb 2021
Fashion has been the most hard hit category by Covid-19 pandemic. Compulsory store closures, work from home schedules followed by low footfall at opened stores, negatively impacted sales at almost every brick and mortar fashion retailer. According to Reuters, the Office for National Statistics report showed that clothing sales declined 19...
23 Dec 2020
In a trading update for the 52-week period, Shoe Zone Plc said trading conditions in the second half of the financial year were challenging. The company said in a statement that store trading since reopening in June has been broadly 20 percent down year on year with digital trading broadly 100 percent up year on year. Shoe Zone generated...
28 Oct 2020
British footwear retailer Shoe Zone has announced that its CEO Anthony Smith and chairman Charles Smith have both increased their stakes in the company following the resignation of non-executive director Jeremy Sharman. The Sharman Family Pension fund, of which Sharman is a beneficiary, has sold its entire holding of 234,375 ordinary shares of...
26 Aug 2020
Shoe Zone PLC has announced the appointment of Peter Foot as Finance Director, with effect from July 6, 2020. The company said in a statement that Foot will replace Jonathan Fearn whose resignation has been accepted with effect from July 31, 2020. Commenting on Foot’s appointment, Anthony Smith, Chief Executive of Shoe Zone, said: Peter’s...
3 Jul 2020
In the six months to April 4, 2020, Shoe Zone plc reported revenue of 68.9 million pounds compared to 73 million pounds in the first half of 2019, while statutory loss before tax was 2.5 million pounds compared to profit before tax of 1 million pounds, while statutory loss per share was 4.1p compared to earnings per share of 1.65p in H1 2019....
23 Jun 2020
British footwear retailer Shoe Zone has scrapped its dividend for the financial period ended 5 October after the company’s turnover took a hit from Covid-19. For the six months to 31 March, turnover fell 3.4 percent year-on-year to 69.9 million pounds. As of 28 April, the company had a net cash balance of approximately 5.4 million pounds, having...
30 Apr 2020
For the six months to March 31, 2020, Shoe Zone delivered turnover of 69.9 million pounds compared to 73 million pounds in the same period last year and ended the period with a net cash balance of 3.6 million pounds. The company expects the Covid-19 pandemic will have a material impact on its performance for the current financial year. The...
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