Shoe Zone posts ‘very positive’ full-year results

Shoe Zone, the Leicester-based retailer has seen revenue and profits rise for the year to September 30.

Turnover rose to £165.7m from £156.2m, while profits were up from £13.6m to £16.2m.

The figures came after the company ended the year with 37 fewer stores after closing 72 sites.

A statement from the company said: “Shoe Zone had a very positive year, with strong and consistent results throughout the key trading periods, particularly in the second half, with strong peak summer and Back to School trading.

“We continue to accelerate our store refit and relocation programme and to drive our digital strategy on the back of these solid set of results. The hard work completed to reduce costs, streamline operations and accelerate investment, positions us well for the year ahead.”