Last checked at 16 Jan 2020 07:00
16 January 2020
Shoe Zone plc
Appointment of Chairman
Shoe Zone plc (the "Group"), the UK's largest value footwear retailer, operating in town centres, retail parks and online, announces the permanent appointment of Charles Smith as Chairman.
Charles is an existing board member and major shareholder of Shoe Zone plc (22.2% shareholding) and was appointed Interim Chairman in August 2019. Prior to that he held the office of Chief Operating Officer since Shoe Zone's IPO in 2014.
Following Charles' appointment, the board composition will be three Executive Directors and three Non-Executive Directors. All Non-Executive Directors serve on both the Audit and Remuneration committees.
For further information, please call:
Shoe Zone plc Anthony Smith (Chief Executive) Jonathan Fearn (CFO)
| Tel: via FTI Consulting |
Finncap (Nominated Adviser) Matt Goode Carl Homes Alice Lane Hannah Boros
| Tel: +44 (0)20 7220 0500 |
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley Eleanor Purdon Alice Newlyn
| Tel: +44 (0)20 3727 1000 |
About Shoe Zone
Shoe Zone is a Town Centre, Retail Park and Digital footwear retailer, offering low price and high-quality footwear for the whole family.
Shoe Zone operates from a portfolio of around 500 stores and has approximately 3,500 employees across the UK and the Republic of Ireland.
The store portfolio consists of over 450 high street stores containing the core Shoe Zone product range and 45 larger out of town retail units which also feature brands such as Clarks, Skechers and Hush Puppies.
The website shoezone.com, combined with the store network ensures a full multi-channel offering for great customer service.
Shoe Zone sells 18 million pairs of shoes per annum with an average retail price per pair of shoes of around £10.