Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Shoe Zone, facing rising costs and lower sales, warns of halved profits and store closures.

flag Shoe Zone, a UK shoe retailer, is closing some stores due to increased costs from higher national insurance and minimum wage hikes. flag The company reported a 2.7% drop in annual sales and expects profits to fall to at least £9.6 million, down from £16.2 million last year. flag The profit warning comes amid tough trading conditions and rising inflation, with the company's shares dropping by 49%.

86 Articles

Further Reading