By Amber Murray Affordable footwear company Shoe Zone has reported a drop in revenue and profit as weak demand and high costs weigh on the high street retailer amid a revamp of its physical estate. Revenue fell by 2.7 per cent to reach £161.3m in the year to 28 September, down from £165.7m in 2023. Profit before tax fell by 42 per cent, to £9.5m, on unseasonably wet weather plus “year-on-year increases in the cost of energy, depreciation, National Living Wage and container prices in the second half”, Shoe Zone said. The company’s share price fell by over ten per cent in early trades. It has fa…