SHARE

Shoe Zone reports annual results in year of two halves

The retailer posted pre-tax profit of £10.1m, down from £16.2m the previous year, while total revenue slipped by 2.7%. Shoe Zone had a good start to the year, but unseasonal weather in the summer, among other factors, led to a tough second half.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.