Schuh news and archive

Schuh invests in Ireland distribution centre to drive EU growth

Fashion footwear retailer Schuh is opening a distribution centre in Dublin, Ireland to increase its omnichannel capabilities as it looks to drive growth in Europe. The 49,000 square foot distribution centre in Ireland will open on May 2 and will supply products to Schuh’s 10 Irish stores and fulfil all orders made through the Irish, German and...

May 2, 2022

Report

Schuh parent Genesco swings to FY profit after strong Q4

Schuh parent company Genesco returned to the black in its fiscal 2022 year after the Nashville-based specialty retailer reported a strong fourth quarter. In the three months ended January 29, the company posted net sales of 728 million dollars, an increase of 14 percent compared to a year earlier and 7 percent compared to two years ago. For the...

Mar 14, 2022

Fashion

Schuh owner Genesco bans use of alpaca fleece

The owner of footwear retailer Schuh has become the latest company to ban the use of alpaca fleece in its products following the publication of an exposé by animal rights group Peta into the treatment of animals at a farm in Peru. Footwear and accessories retailer Genesco has agreed to ban the fibre from its portfolio of brands, which also...

Jun 7, 2021

Report

Schuh secures 19 million pound bank facility

Footwear retailer Schuh has secured a 19 million pound finance facility to help mitigate the blow from the pandemic. The funding has been secured with Lloyds Bank via the Treasury’s Coronavirus Large Business Interruption Loan Scheme (CLBILS). The retailer, which has more than 120 stores in the UK and Ireland, said the money would simultaneously...

Dec 16, 2020

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Schuh resumes online operations

Footwear retailer Schuh has resumed online trading, with a staggered reopening of their fulfilment operation. The company said in a statement that the Schuh management team has decided to reopen the Schuh website with strict health and safety processes, following continued government advice that ‘online retail is still open and encouraged.’...

Apr 6, 2020

ManagementFeatured

The COVID-19 retail crisis sees online stores closing too

Governments across the world have ordered the closure of non-essential stores during the COVID-19 crisis, but many online retailers are unable to fulfil orders with a lack of back-end support and staff. Department store Fenwick announced this week it would close both its online and physical stores, the former due to being unable to pick online...

Mar 26, 2020

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Schuh jumps into the sustainable fashion wagon: partners with Recyclatex

New York – Shoe brand Schuh has teamed up with Recyclatex to foster sustainable fashion. Schuh is inviting their customers to ‘Sell their Soles’ with a similar initiative to that launched years ago by H&M: everyone donating will get a voucher to redeem at the store, seamlessly contributing to a more circular economy. The new initiative, launched...

Nov 7, 2019

Fashion

Schuh teams with Recyclatex for shoe recycling initiative

Schuh is the latest brand to encourage consumers to recycle unwanted items. The UK-based footwear company has launched a new initiative to incentivize its customers to recycle their unwanted, wearable shoes. In partnership with reuse and recycling group Recyclatex, Schuh has launched a program called Sell Your Soles to offer customers a 5 pound...

Nov 5, 2019

Report

Schuh swings to loss in an “extremely challenging” year

Schuh has announced through a statement that after a second consecutive year of extremely challenging conditions for retail, the company reported fall in turnover by over 20 million pounds to 288.4 million pounds (370.7 million dollars) for the year, despite a decent increase in online sales, masking a considerable drop in store sales. Pre-tax...

Oct 29, 2019

Report

Schuh appoints new buying director

Schuh has announced the appointment of Nicola Monachello as the company’s new Buying Director with immediate effect. The company said, Monachello will join the existing eight members of the Schuh management team that includes Managing Director, Colin Temple. “I am absolutely delighted to welcome Nicola to Schuh as our buying director. A proven...

Sep 19, 2019

Report

Schuh calls in KPMG amid tough trading

Schuh has reportedly called in advisers from accountancy firm KPMG to assess the company's future options following a period of tough trading. The Scottish footwear retailer has asked landlords for rent cuts on some of its 132 stores but is not considering a company voluntary arrangement (CVA), The Sunday Times reports. The company also...

Aug 13, 2019

Report

Schuh to exit Germany; focus on UK, Irish and Channel Island business

Scotland-based footwear retailer Schuh has announced plans to close all three of its stores in Germany at the end of June to focus efforts on its UK, Irish and Channel Island business. The company said changes in the market over the past few years as well as the impact of Brexit lead to the decision, and said the stores - in Oberhausen, Bochum...

May 31, 2019