// Shoe Zone finance chief quits from company after seven months
// Peter Foot had joined the business in July 2020 as the successor to Jonathan Fearn
// Shoe Zone said this will not have any impact on its year-end results due to be published on March 8
Shoe Zone finance director Peter Foot has unexpectedly stepped down from the company after seven months in his role.
Foot had joined the business in July 2020 as the successor to Jonathan Fearn.
The reason for his exit remains uncertain, and Shoe Zone said that the board-level change will not have any impact on its year-end results due to be published on March 8.
READ MORE: Shoe Zone warns of 90 store closures if business rates return
The company has now begun a search for his successor.
“The board has started the search for a replacement and a further announcement will be made in due course once an appointment has been made,” Shoe Zone said.
“Peter’s departure will not have any impact on the company’s year end results.”
Back in October, Shoe Zone had reported on an “incredibly challenging year”.
For the 52 weeks to October 5, store trading was down 20 per cent year-on-year while digital trading was up 10 per cent.
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