Deathwatch: Sibling Shoe Stores Lose Their Footing
Between them, the brands have approximately 400 stores in the UK, employing 5450 staff. The stores are continuing to trade and their parent company Stylo is not in administration at this point – trading in its shares has been suspended though.
In 2008, Stylo posted a pre-tax loss of £12.5m, following on from a loss of £7.1m the previous year. They join fellow footwear hawkers Stead & Simpson, Dolcis and Faith in the admin pen.
We’re all hardened clog men here at Bitterwallet so we’ve no real experience of any of those stores, but if you have, tell us where they all went wrong.
TOPICS: High Street News