Shoe Zone share price collapses as CEO quits amid sales target miss August 30, 2019 Investors trod all over Shoe Zone today after warned them it would miss full year sales targets and its chief executive officer, Nick Davis, quit with immediate effect. Aim-listed Shoe Zone’s share price plunged 37.8 per cent in early trading to leave shares languishing at 119.5p, down from yesterday’s close at 192p. Read more: Falling [...]
Falling rents help Shoe Zone walk to a profit in tough time for high street May 21, 2019 Falling rents helped UK value footwear retailer Shoe Zone hold steady in its interim half-year results, released today, in a tough trading environment. Read more: Shoe Zone shares soar as retailer posts record profits The figures The company’s profit before tax rose marginally to £1m in the half year ended 30 March. Shoe Zone’s revenue [...]
Home REIT invests £48m in property portfolio expansion to house homeless people March 8, 2021 Home Real Estate Investment Trust (REIT), which funds the acquisition and development of accomodation for homeless people, has bought 11 property portfolios in a deal worth £48.1m. The acquisition completes the full investment of the net proceeds of the firm’s £240m public listing in October last year. Following the deal, Home REIT has added an [...]
UK retail sales return to growth after lockdown exit roadmap announced March 9, 2021 UK retail sales returned to growth in February after the government revealed plans to ease the coronavirus lockdown measures. The Prime Minister set out the roadmap to exit lockdown on 22 February – with some plans reported in the preceding days – prompting shoppers to buy non-food items such as school uniforms and going out [...]
Shoe Zone shares soar as retailer posts record profits January 9, 2019 Shares in discount footwear Shoe Zone soared more than 10 per cent this morning on the news that the group had secured its highest profit since it floated in 2014. The figures Profit before tax increased 18.4 per cent to £11.3m for the year to the end of September, up from £9.5m in 2017, and [...]
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Purton to get the winning Feeling on Richards’ Hoss May 2, 2023 THERE is no doubting the many thousands of Zac Purton fans will be on good terms with themselves when arriving for the mid-week nine-race programme at Happy Valley. Not only has the reigning five-time Hong Kong champion jockey just announced he will be riding in the territory again in the 2023-24 season, but he also [...]
Star should reward Lui’s patience with a Meaningful win April 18, 2023 BANK on trainer Francis Lui to continue his welcome change of fortune when he saddles top-weight MEANINGFUL STAR in the Yau Ma Tei Handicap (12.45pm), over the extended mile at Happy Valley today. With legendry stable star Golden Sixty destined to line-up in the Champions Mile on FWD Champions Day at the end of the [...]
Expect more Valley fireworks from in the Zone Teetan March 1, 2022 BANK ON ‘Mauritian Magician’ Karis Teetan to continue his run of good fortune when racing gets underway with an exciting nine-race programme at Happy Valley. The never-say-die pilot accumulated half a dozen winners from just 19 rides last week, highlighted by a winning four-timer at the Valley last Wednesday. Teetan is a confidence jockey and [...]
Best foot forward: Shoe Zone reports boosted profits and revenues driven by out-of-town store expansion October 15, 2018 Shoe Zone has reported boosted profits and revenue driven by the expansion of the budget footwear retailer's 'big box' store format. The brand said it expects to report a revenue rise of 1.8 per cent to £161m and profit before tax of £11m in its full year results to 29 September. Read more: Claire's weighing up store [...]