Shoe Zone lowers profit expectation as Budget bites

Shoe Zone has reported a reduction in its predicted profit for its financial year, ahead of its annual results in January.
The footwear specialist said it now expected it pre-tax profit for the year ended 27 September 2025 to be no less than £5m, down from previous expectations of £10m.
Shoe Zone said it had experienced “very challenging trading conditions” during the first two months of its financial year and the first half of December, particularly a weakening of consum