The reality of lower consumer spending over the Christmas period and a downturn in the global economy became all too apparent in the UK on Monday as one of Britain’s most well-established mid-price footwear retailers Dolcis went into administration, while only last week another struggling footwear chain Stead & Simpson sold 25 of its Famous Footwear factory outlet stores to shoe tycoon Harvey Jacobson, owner of the Gola, Frank Wright, Ravel, and Lotus brands. But while experts in the UK are expecting further problems in the future as household budgets are put under more strain, across the channel in France the figures are telling a very different story.

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