I'm a holster maker and here's what I recommend:
Get a can of silicone from an auto parts store, NOT the "environmentally friendly" type.
Spray the inside of the holster and allow it to stand for a few minutes. Then force the gun in and GENTLY twist it slightly side-to-side. Remove, wipe the gun and the holster, and test for proper fit. If still too tight, repeat.
Leather doesn't shrink, it only stretches. Only rawhide can shrink.
The problem is, if you over loosen the holster it's service life will be short, so it should be a little too tight when new. Loosening it up slightly by this method will allow you to use it until it gets broken in.
Sorry HSGI, but shoe stretcher will over stretch most holsters, leaving too loose a fit, and it can damage finished holster leather.
Many holster companies offer various types of leather "slicking" agents for their holsters.
Bottom line: new holstes are usually too tight, but with a little use they will break in. Get too aggressive with a new holster, and you'll be buying a new one soon.
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