Demise of Dolcis Shoe Shops
Dolcis, the UK high st. shoes and bags chain, disregarded the change in consumer habits for must-have desires and so lagged behind general fast fashion retailers. In January 2008, it found itself in administration and since then a deal was reached where the Dolcis shoe brand name has been sold on to another footwear retailer. A year or so ago the same fate happened to the famous Stead and Simpson brand.
In the past 25 years the general clothing retailers have slowly all introduced footwear. These clothing fashion retailers have eaten into the traditional shoe shop market of yesteryear. Now a high proportion of UK footwear is sold through clothing chains like New Look who pander to both a mass acceptable price point and a high fashion look. The demand for footwear has not fallen, but the demand for high fashion inexpensive footwear has increased.
