All Dr. Martens articles – Page 3
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ArticleDr. Martens surges on first day of trading
Shares in Dr. Martens rose by 22 percent on their first day of trading on Jan. 29 to reach 450 pence (€5.08-$6.17) on the London Stock Exchange. The closing price values the company some £4.5 billion (€5.1bn-$6.2bn), or about 24.5 times Ebitda of its last fiscal year. The first ...
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ArticleDr. Martens valued up to £3.7bn in IPO
Dr. Martens is being valued between £3.3-3.7 billion (€3.7bn-$4.5bn to €4.2bn-$5.1bn) in its public offering that is already fully booked. The private equity firm Permira and other investors are selling as many as 350 million shares at 330-370 pence each (€3.73-$4.53 to €4.18-$5.08). The stake represents 35 ...
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News briefsDr. Martens’ listing is scheduled early February
The British shoe maker Dr. Martens confirmed its intention to undertake an initial public offering, which is expected to be completed early February with the listing on the London Stock Exchange . The offer will comprise the sale of existing shares by IngreLux , a Luxembourg company ...
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ArticleDr. Martens steps forward with plans for London listing
The iconic British boot brand Dr. Martens plans to float on the London Stock Exchange as it looks to expand its offering and drive e-commerce sales. The company, whose boots and shoes were made famous in the punk era and are enjoying a resurgence in popularity today, ...
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News briefsDr. Martens opens a store in Dortmund
Dr. Martens has opened a store in Dortmund, increasing its network in the German region of North Rhine-Westphalia to four units. The other stores are located Cologne, Düsseldorf and Bonn. The latest store is on 60 square meters and situated in Dortmund’s main shopping street, Westenhellweg.
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News briefs
Permira reportedly hires advisors for Dr. Martens’ IPO
The private equity company Permira has hired Goldman Sachs and Morgan Stanley to organize a possible initial public offering of Dr. Martens , according to media reports. The British private equity company plans to float the footwear company on the London Stock Exchange. Permira bought Dr. ...
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News briefsDr. Martens to take over wholesale distribution in Italy
From June 1, 2021, Dr. Martens will bring in-house wholesale distribution in Italy. Asap has been the brand’s distributor in the country for over 30 years. Dr. Martens will manage sales directly from the next autumn/winter collection. In the meantime, the two companies will be working together ...
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ArticleThe casual shoe market grew by 6.0% in 2019
According to a study conducted by Shoe Intelligence in collaboration with Sporting Goods Intelligence, the branded casual footwear market grew by 6.0 percent in terms of invoiced dollars to an estimated level of $20.8 billion in 2019, in spite of strong competition from the athletic footwear brands in the disputed ...
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News briefs
Dr. Martens opens a store In Nuremberg
Dr. Martens has opened a store in Nuremberg, with a sales area of 72 square meters. It is the brand’s first store in Bavaria and the seventh in Germany. The store is located in the historical center of the town, between the White Tower and Pfannenschmiedgasse.
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News briefs
Dr. Martens opens fifth German store
Dr. Martens opened its fifth store in Germany at the end of 2019. On Feb. 13, Dr. Martens will celebrate the official opening of its new store in Stuttgart. There are still speculations about the sale of Dr. Martens, which is owned by institutional investors who want to cash out ...
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Article
Dr. Martens’ owner buys Golden Goose for €1.28 billion
The London-based private equity firm is buying a majority stake in the Italian footwear company Golden Goose from another investment group, the Carlyle Group . The size of Permira ’s investment was not released but financial sources indicated that the price tag was €1.28 billion – a price more or ...
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News briefs
Dr. Martens collaborates with Hello Kitty
Dr. Martens is collaborating with Hello Kitty for the launch of a limited edition. Both brands are celebrating their 60th anniversary in 2020. They cooperated for the first time in 2010. This year, Dr. Martens will launch a limited edition of its Jadon Boot with two Hello Kitty images on ...
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Article
Lorenzo Moretti becomes new EMEA boss of Dr. Martens
For about two years now, Dr. Martens has been opening new monobrand stores – now there are also innovations at the top of the European market: Lorenzo Moretti will be the new president for the EMEA region of Airwair International , the parent company of Dr. Martens. He comes ...
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