Multi-Channel Retailer Pavers Shoes ends the year on a high and steps up for further expansion with the immediate acquisition of 14 Barratt’s stores located across Northern and Southern Ireland, London and the
Channel Islands.
Following the announcement of footwear specialist Barratt’s fall into administration in November, Paver’s positive approach to growth continues, adding 14 stores to their already 100 strong retail portfolio. The move will consolidate its position as one of the largest footwear retailers in the UK and Ireland with over 1,200 employees allowing their customers to shop more conveniently in a number of key cities.
Stuart Paver MD commented; “Pavers are happy to be able to secure the future of over 150 loyal employees especially just before Christmas and welcome them into the Pavers family. We are currently looking at another 5 to 10 stores and hope we can announce more positive news within the next few weeks. This acquisition will be the bridgehead that allows us to bring Pavers amazingly comfortable footwear to a large number of high streets over the next few years.”
York Based Pavers Shoes has continued to grow since it was founded in 1971 by Cathy Paver who still works full time in the company, it was only on the 1st November this year that the company opened its 100th store in the newly constructed London Designer Outlet.
The business continues to challenge and seek new ways to thrive, launching a new website in September 2013, a TV channel Paversshoestv in April 2011, the only single product shopping channel in the world and successfully dominating the Home Shopping Catalogue market.
Pavers wishes to acknowledge they were assisted by Ernst & Young and Gordons Solicitors during this successful acquisition.
