Colin Temple continues to steer the footwear retailer through retail’s current difficult climate.
Schuh now stocks nearly 100 brands alongside its extensive own label. A revamp of its website last year has borne fruit, and digital sales now account for 20% of the total. Schuh also has 135 bricks-and-mortar stores in the UK, Ireland and Germany.
Sales rose by a solid 9.8% to £308.5m for the year to 3 February 2018, while like-for-like sales grew 4%. However, pre-tax profits fell 9.6% to £15m as a result of discounting.
In March, Temple dismissed fears that the retailer would be sold off by its US parent Genesco, following pressure from an activist investor. The confident boss said Schuh would continue to prosper.