Shoe Zone defers dividend | News

The conclusion was just one of a raft of steps aimed at supporting the business by means of the existing circumstance, which includes the furloughing of “the majority” of its workforce, the cessation of money expenditure and applying to defer VAT payments.

Shoe Zone mentioned it predicted the closure of merchants and dwindling need to have a “material impact” on its effects all through the existing money 12 months, but could not quantify the impact simply because of ongoing uncertainties.

Shoe Zone: “The scale of this reduction will count on how the circumstance develops, more than what timeframe, and the impact of even more general public health and fitness, economic and business help steps staying applied by the British isles and Irish governments.”