David Steps, one of Cyprus’ fastest-growing shoe retailers and distributors, will open two new stores in Nicosia and Limassol next Spring. Its existing 5 stores on the island raised their sales by 28 percent on a same-store basis in the first 9 months of last year, although the country’s footwear market dropped by an estimated 4 percent, and similar results are expected for the full year. Gross margins improved thanks to a better product mix and better management of the retail space. David Steps is also an exclusive importer and distributor of several international footwear brands in Cyprus.