Footwear retailer confident after improving ranges
Multi-brand footwear group Stylo saw first-half yearly losses shrink as a result of a more focused range at its Barratts stores and the growth of its PriceLess estate.

The retailer managed to shave losses before tax and exceptional items by£1.9 million, to£2.5 million over the 26 weeks ending on July 31, compared with the equivalent period.

Stylo chairman and chief executive Michael Ziff said: 'Trading at the Barratts division has picked up well in the first six months, having addressed a lack of depth of seasonal product. This was achieved in combination with a reduction in the level of stocks held. Our conversion programme has gone to plan, with 30 shops converted from Barratts to PriceLess during the six-month period.'

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