Latest model where shoes are concerned (4)

I believe the answer is:

last

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'latest' is the definition.
(synonyms)

I can't explain the rest of the clue.

(Other definitions for last that I've seen before include "` `The cobler should stick to his ....' '" , "part of Oxford's restoration with this?" , "It helps cobbler" , "stay at the back" , "End" .)

I've seen this clue in the Evening Standard.

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