Dr Martens
This coverage examines Dr Martens’ strategy, performance, and brand activity within the UK footwear and fashion market. Reporting focuses on financial results, store openings, leadership changes, product strategy, and global positioning. Aimed at retail executives, buyers, and brand managers analysing heritage brand management, consumer demand, and competitive dynamics in footwear and lifestyle retail.
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Jun- 2022 -1 JuneClothing & Shoes
Dr Martens profits surge to £214m amid record sales
Dr Martens has hailed a set of “record results” for the full-year period ending 30 March 2022 with its adjusted pre-tax profits surging 43% to £214.3m, after it revealed it sold “more pairs of boots, shoes, and sandals than at any time in its 62-year history”. The footwear brand, founded…
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Mar- 2022 -9 MarchComment
How experiential CX is revitalising in-store retail
The rise of online retail, advances in technology and changes in consumer behaviour have transformed the retail landscape. While this has brought inevitable extinction for many brands, in typical Darwinian fashion, those able to adapt to their new environment continue to thrive. Liz Ward, Head of Sales and Marketing at…
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Jan- 2022 -27 JanuaryClothing & Shoes
Dr Martens Q3 revenues hit £307m
Dr Martens has reported revenue growth of 11% to £307m for the three months ending 31 December 2021 (Q3 FY22), up 21% on a two-year basis which is reportedly in line with the company’s expectations. Total group revenues for the full year rose by 14% to £676.9m, with direct to…
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Dec- 2021 -9 DecemberClothing & Shoes
Dr Martens profits hit £61.3m in half-year results
Dr Martens has reported pre-tax profits soared by 46% to £61.3m in the six-month period ending 30 September. Revenue also grew 16% to £369.9m, up from £318.2m the previous year and was boosted by international channels. Meanwhile, EBITDA margin dropped slightly to 24% compared with 27.1% in 2020 and was…
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Jul- 2021 -30 JulyClothing & Shoes
Dr Martens Q1 revenues soar 52%
Dr Martens has reported revenue growth of 52% year-on-year to £147.3m in the three months ended 30 June 2021. Although comparisons on a yearly basis are skewed by FY21’s Covid-19 impact, the Q1 FY22 figure represented a 31% jump when compared to the same period in FY20. While stores in…
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Jun- 2021 -17 JuneClothing & Shoes
Dr Martens profits drop 30% amid IPO related costs
Footwear retailer, Dr Martens has revealed that its profit before tax dropped 30% to £70.9m from £101m for the year ended 31 March 2021 which was attributed to the £80.5m cost related to its London Stock Exchange IPO. Profit was also impacted by the group’s repayment of £1.3m in furlough…
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Mar- 2021 -5 MarchSupermarkets
Morrisons could drop out of FTSE 100, say analysts
Morrisons is reportedly set to fall out of the FTSE 100 for the first time in half a decade, according to The Guardian. Retail analysts predict that the public’s overspending on groceries, resulting from consumer shifts during the pandemic, will begin to wane in the coming months. With the quarterly…
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1 MarchHigh Street
Russia’s Fix Price mulls London float
Fix Price, a Russian budget retailer, is reportedly set for an IPO of between £1.08bn and £1.22bn as the group targets a London listing for growth and international expansion. Founded in 2007, the group sells a range of essential products at under 250 rubles (£2.46), and operates over revenues of…
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Jan- 2021 -18 JanuaryClothing & Shoes
Dr. Martens to float on London Stock Exchange
Dr. Martens has announced its intention to float on the London Stock Exchange, with admission currently expected to occur in early February 2021. The shoe retailer has confirmed its plans to apply for admission of the company’s shares to the premium listing segment of the Official List of the FCA.…
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Sep- 2020 -23 SeptemberSupermarkets
Lone Star drops out of Asda race
US private equity firm Lone Star has reportedly dropped out of the £6.5bn race to acquire Asda from Walmart. According to the Telegraph, Lone Star was unable to meet the asking price asked by Walmart, leaving its rival Apollo in pole position for the grocer. However, reports also suggest that…
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