Shoe Zone chief executive Nick Davis has resigned from his role as the retailer warns that full-year profits will be below expectations due to “tough high street trading”.
The budget footwear specialist said Davis, who has acted as chief executive for the last three years, has tendered his resignation to “pursue other business interests”.
He will be succeeded by executive chairman Anthony Smith, who will take on the role on a permanent basis, while current chief operating officer Charles Smith acts as executive chairman on an interim basis.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.