Dr Martens news and archive

Business development "within expectations": Dr. Martens confirms annual forecasts

British footwear brand Dr. Martens Plc confirmed its forecasts for the current 2025/26 financial year on Thursday. The company stated ahead of its annual general meeting in London that sales performance has been "in line with expectations" since the start of the financial year on April 1. The full-year targets formulated at the beginning of June...

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Business

Dr. Martens lowers profit outlook, announces CFO retirement

Dr. Martens expects FY23 EBITDA to be around 245 million pounds due to higher costs at LA DC (Los Angeles distribution centre) and lower wholesale revenue. The company also announced that its chief financial officer Jon Mortimore has decided to retire from his role and he will continue to hold the position until a successor is in place. “We took...

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Fashion

Shein, the Chinese fast fashion giant, is plagued for copying western brands

Shein, the Chinese fast fashion company making a splash in the west, is the latest Chinese platform allegedly selling counterfeit goods. Now the largest cross-border e-commerce player in China, Shein has seen fast growing audiences in the US, France, Russia, Germany and 200 other countries, but not without controversy. The explosion of Shein’s...

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Business

All you need to know about Dr. Martens’ IPO

Beloved boot brand Dr. Martens offered some cheer to battled trading floors on the last Friday of January when it launched its initial public offering (IPO) on the London Stock Exchange. Here is everything you need to know about the second fashion IPO of 2021. “We have been delighted by the strong levels of interest, engagement, and support from...

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Dr Martens confirms plans to float on London Stock Exchange

British footwear brand Dr Martens has confirmed plans to float on the London Stock Exchange. The company had already said it was “considering” a floatation, but on Monday confirmed the news in a statement. An offer price for the shares was not disclosed. Dr Martens plans London Stock Exhange IPO The bootmaker, which is owned by private equity...

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Business

Dr Martens selects banks to lead London IPO

British footwear brand Dr Martens has reportedly chosen Goldman Sachs and Morgan Stanley to spearhead its IPO on the London Stock Exchange. The bootmaker’s private equity backer, Permira, has appointed the two Wall Street giants to act as global coordinators for a flotation being earmarked for next year, Sky News reports. Dr Martens was acquired...

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Fashion

Marc Jacobs reunites with Dr. Martens for new collaboration

American fashion designer Marc Jacobs has teamed up with Dr. Martens as part of the iconic footwear brand’s ongoing 1460 remastered collaboration to celebrate its 60th anniversary. Jacobs first collaborated with Dr. Martens, 27 years ago in 1993, with his DM’s-adored Perry Ellis grunge collection and it is this “shared history of rebellion” that...

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Fashion

Dr. Martens collaborates with Needles for remastered collection

Dr. Martens has teamed up with Japanese brand Needles designed by Keizo Shimizu as part of the brand’s 12 one-off collaborations for its 1460 boot's 60th anniversary. The partnership marks the eight drop in the footwear brand’s year-long 1460 Remastered collaboration series which has seen Dr. Martens work with vintage Americana, military and...

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Fashion

A-Cold-Wall remasters Dr. Martens 1460 boot

Dr. Martens has teamed up with menswear fashion brand A-Cold-Wall, founded by Samuel Ross, on a footwear collaboration as part of the brand’s yearlong celebration of the 1460 boot's 60th anniversary. The partnership marks the seventh drop in the footwear brand’s 1460 Remastered collaboration series where Dr. Martens has been working with brands...

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Business

Dr Martens set to be acquired by US investment firm Carlyle

Iconic British footwear brand Dr Martens is reportedly set to be acquired by American private equity firm Carlyle Group LP. Carlyle has emerged as the frontrunner in talks to buy Dr Martens after rival firm KKR went cold on the deal, according to the Mail on Sunday. Though a price tag for the deal is unknown, the British newspaper said it could...

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Dr Martens taps former Office CEO as EMEA president

Dr Martens has appointed Lorenzo Moretti as its new EMEA president. Lorenzo has worked for over 25 years in the consumer retail industry across multiple markets, most recently as CEO of British footwear retailer Office. Prior to joining Office, he spent five years at Nike, joining in 2012 as vice president, direct to consumer Europe, and leading...

Fashion

Dr. Martens celebrates 60 years with Raf Simons

American footwear company Dr. Martens is celebrating the 60th anniversary of its original style, the 1460. As part of the celebration, the brand commissioned 12 brands, labels and designers to reimagine the style, with Raf Simons as the latest designer to be part of its 1460 Remastered Program. This is Simons’ second collaboration with the...