Schuh has reported a near 400 job expansion in its most recent financial year, raising its workforce beyond pre-pandemic levels. The Scottish-based footwear retailer now boasts a team of 4,369 employees, compared to 3,975 over the previous 12 months, according to figures from the latest financial period.
The company had not exceeded the 4,000 mark since the year preceding the Covid-19 pandemic, and at one point during the health crisis, staff numbers plummeted to 3,286 as of 29 January 2022, as reported by .
However, buoyant business in the past financial year has translated into a headcount rebound, disclosed in fresh accounts filed with Companies House. These documents also reveal that Schuh's revenue has risen from £354.4 million to £380.8 million.
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The footwear firm, under the umbrella of US retail giant Genesco, saw its pre-tax profits leap from £13.4 million to £21 million.
Domestically, Schuh experienced a turnover boost from £328.2 million to £356 million, although its European sales declined slightly from £26.2 million to £24.7 million.
Retail footfall surged by 3.8% while the retailers e-commerce operations witnessed a like-for-like increase of 10% in online sales.
During the apex of the pandemic, Schuh's revenue dropped to £234 million for the year ending 31 January 2021, culminating in a pre-tax loss of £18.8 million.
In terms of future strategies, Schuh is looking towards technology to sustain its growth trajectory, amidst ongoing challenging trading conditions.
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The board voiced their strategy in a statement saying: "While the retail environment continues to pose difficult trading conditions, we will continue to review our store portfolio so to ensure we are best placed to adapt to this changing environment."
"We believe our continued investment in driving efficiency and operational improvements through technology will serve us well."
Footwear retailer Schuh, which was publicly traded on the London Stock Exchange, became a part of Genesco following a £162m takeover bid in 2011.
At that point, Schuh had a portfolio of 58 stores across the º£½ÇÊÓÆµ and Ireland, along with 16 concessions, but has since expanded to approximately 120 stores.