Dr Martens
-
Jun- 2025 -5 JuneClothing & Shoes
Dr Martens FY profits fall to £34m as sales drop 8%
Dr Martens has reported that adjusted pre-tax profits fell to £34.1m, or £40.3m on a constant currency basis, down from £97.2m in its latest financial results. Despite this, the group said it is expecting “a return to profit growth” in FY26 as its turnaround strategy progresses. According to the group’s…
Read More » -
May- 2025 -29 MayClothing & Shoes
Dr. Martens appoints Adidas VP as chief brand officer
Footwear brand Dr. Martens has appointed Carla Murphy as the company’s new chief brand officer (CBO) to lead the company’s global brand organisation. Murphy will assume her new role at Dr. Martens on 1 July 2025 and will be based in London. In her new role, she will be responsible…
Read More » -
Apr- 2025 -23 AprilNews-In-Brief
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking sufficient funding. The proposal, which valued Myprotein between £400m and £600m, was largely structured in Selkirk shares, with additional cash payments dependent on new equity and debt issuance. THG’s board…
Read More » -
23 AprilClothing & Shoes
Represent appoints former Dr Martens CEO as new chair
Luxury streetwear brand Represent has appointed former Dr Martens CEO Kenny Wilson as its new chair and non-executive director. In his new role, Wilson will be responsible for accelerating Represent’s growth and global expansion. He served as Dr Martens CEO from 2018 until March 2025. During his tenure, he successfully…
Read More » -
Feb- 2025 -12 FebruaryNews-In-Brief
Today’s news in brief-12/2/25
Kering, the luxury conglomerate behind Gucci, Yves Saint Laurent, and Bottega Veneta, reported a challenging fiscal 2024, with revenue falling 12% to €17.2 billion (£14.3 billion) and EBITDA plummeting 29% to €4.6 billion (£3.8 billion). Gucci’s 23% sales decline to €7.65 billion (£6.37 billion) significantly impacted the group, alongside a…
Read More » -
12 FebruaryPeople Moves
Dr. Martens names former John Hardy CEO as one of two new NEDs
Dr. Martens has announced the appointments of Robert Hanson and Benoit Vauchy as non-executive directors of the company with effect from 26 March 2025. Hanson is an experienced executive with a track record of delivering growth at consumer brands. He was CEO of John Hardy and American Eagle Outfitters and…
Read More » -
Jan- 2025 -27 JanuaryNews-In-Brief
Today’s news in brief-27/1/25
WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now contributes 75% of revenue and 85% of profits. The potential sale, managed by bankers at Greenhill, comes amid a 9% decline in high street profits to £39m, although group revenue…
Read More » -
27 JanuaryClothing & Shoes
Dr Martens Q3 group revenue rises 3%
Dr Martens has revealed that its group revenue increased 3% on a constant currency basis to £267m during the 13 weeks ended 29 December 2024. Alongside this, its direct-to-consumer revenue (DTC) rose by 1% on a constant currency basis. The brand stated that this was driven by ecommerce revenue growing…
Read More » -
Nov- 2024 -28 NovemberNews-In-Brief
Today’s news in brief-28/11/24
Consumer confidence remains subdued as the festive season nears, according to the British Retail Consortium (BRC). While personal retail spending rose slightly to +3 in November from +2 in October, and overall spending expectations stayed at +17, worries about the broader economy persist. Financial expectations improved marginally to -3, but…
Read More » -
28 NovemberNews
Dr. Martens swings to £28.7m half-year loss as sales fall
Dr. Martens has fallen to a profit loss of £28.7m in its half-year results, down from a profit of £25.8m the prior year, amid falling sales over the period.In the period ended 29 September 2024, revenues were down by 18% to £324.6m, in line with its guidance for a 20%…
Read More »