Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have s disabled. For the best experience of this website, please enable s in your browser

Stylo offloads Shellys

Stylo has sold its Shellys brand to Hong Kong-based footwear supplier Eternal Best Industries.

The sale includes the Shellys brand name and intellectual property associated with the brand.

Last year Stylo slimmed back its Shellys portfolio, culminating in the closure of its flagship at London Oxford Circus - the most famous shoe shop in the UK.

The cash generated from the sale is likely to be used to help Stylo reposition its core Barratts business as a family footwear chain, offering more brands alongside a new invigorated own label offer.

Chairman and chief executive Michael Ziff said: “The sale of the Shellys brand is a further move by Stylo to concentrate on its core retail business of Barratts, Priceless and concessions in other retail clothing stores.”

Stylo acquired Shellys for £1.5 million in 2003.

Last month the footwear group bought the Dolcis name and 10 of its shops out of administration.

Readers' comments (1)

  • What next for Shellys? I hope this isn't the end for this footwear brand which still has massive recognition among consumers in the UK and overseas. Would be good to see it wholesale.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.