Hotter Shoes posts strong sales growth
Hotter Shoes has posted a month-on-month sales increase of 24% for July.
Year-on-year, the retailer’s sales are now up 82% after online sales rose by 91%. Hotter has also experienced growth in its international markets with sales up 7% in the US.
Victoria Betts, chief commercial officer at Hotter Shoes, said: “As one of the largest shoe retailers in the UK, we have seen increased sales across both our online and physical stores in July, up 24% on June.
“We have seen significant changes in consumer shopping habits throughout the past year, and our ecommerce site continues to perform strongly with online sales unwavering, despite the reopening of physical stores.
“In addition, we have experienced strong activity surrounding our end of season sales, which we launched later than most competitors and as such, enabled us to compete not only on our superior quality, but price.”
The specialist footwear brand sells over 1.3 million pairs of shoes each year through its online site and bricks-and-mortar stores. In May, it announced that it would be floating on the London Stock Exchange’s junior AIM market in the fourth quarter of 2021.
