January 29, 2008
Design Week: Footwear retailers are suffering from high levels of competition from clothing chains, and should develop new store formats to catch up with rivals, according to a report by Verdict Research. The hardest hit shoe specialist is Dolcis, which has been placed in administration, while at the time of going to press Stead & Simpson had sold its Famous Footwear chain this month to supplier Jacobson Ventures, the first part of the planned sale of its business.