Shoe Zone has shared its results for the 52 weeks to 27 September 2025. During the period, profit before tax decreased to £3.3m from £10.1m and adjusted profit before tax to £2.4m from £10.0m in 2024. Total revenue reduced by 7.6 per cent from £161.3m to £149.1m., which was partly attributed to the retailer closing 28 stores. Digital revenues grew by 2.3 per cent to £36.0m, up from £35.2m), supported by improved conversion from free next day delivery on all shoezone.com orders and strong Amazon sales.
In a statement, Chairman, Shoe Zone, Charles Smith said: ” This was a challenging year, particularly in the second half, as consumer confidence declined further following the Government’s October 2024 budget, and highly adverse fiscal policies. Persistent inflation, higher interest rates, and reduced disposable income contributed to negative economic and consumer sentiment in the UK. Sales were good when there was a reason to buy, such as the warm summer and the Back-To-School period, however, discretionary spending remained subdued as consumers exercised greater caution in what they were spending money on.”
“Trading conditions remained challenging in the first quarter of the new financial year, with revenue down on forecast, reflecting ongoing macro-economic pressures that continue to weigh on consumer confidence resulting in lower footfall on the UK High Street, alongside the highly adverse Government fiscal policies. The Government’s November 2025 budget included an additional increase in the National Living Wage, raising our cost base further, with broader measures not materially improving consumer sentiment. In light of these conditions, we expect a profit before tax of approximately £1.0m for the financial year ended 3 October 2026.”
Share