SHARE

Shoe Zone reports lower annual revenue and profit, plans store refits and relocations

The footwear retailer saw revenue fall to £149.1m and pre-tax profit drop to £3.3m after a challenging year. However, digital sales did rise slightly. The company will accelerate store refits and relocations, targeting 260 stores by 2027.

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.