Shoe Zone CEO resigns as the company issues profit warning

Shoe Zone PLC has announced that Nick Davis, the group’s Chief Executive, has decided to resign from his position to pursue other business interests, with immediate effect. The company said, Anthony Smith, Executive Chairman, will resume his role as Chief Executive on a permanent basis. Commenting on the trading since the group’s interim results on May 21, 2019, the company said conditions have been challenging and as a result, the board now expects to deliver a full year performance below its expectations.