Paw Sko sells a range of shoe brands. This includes Billi Bi, Gabor, New Balance, and Ecco, which are seen in the picture. (Archive photo). Photo: Mads Claus Rasmussen/Ritzau Scanpix
Family-owned shoe chain closes after declining sales
The family-owned shoe chain Paw Sko is closing its nine stores across the country and its online shop due to consistent declining sales, as confirmed by CEO Jan Wentzel. They are spending too much on operations compared to their revenue, and prospects for sales growth in shoe retail are bleak....
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