Dr Martens given a kicking but maintains downgraded guidance Dr Martens Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US.
Dr Martens urged to undergo strategic review or sell business Retail https://www.cityam.com/dr-martens-valued-at-more-than-3-7bn-in-london-ipo/
Superdry and Dr Martens shares tank on London exits and fears for the future Retail Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Dr Martens sues Temu over use of trademark on Google search April 14, 2024 Dr Martens filed the legal action against Temu filed at the High Court last week over alleged trademark infringements.
How Dr. Martens and Birkenstock explain London’s stock exchange quandary November 10, 2023 Dr Martens and Birkenstock aren't that different. Global brands. Design icons. $1bn-plus revenues. But the one listed on the London Stock Exchange is having a much tougher time.
Dr Martens names new chief executive amid sales slump in the US April 16, 2024 Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker.
Fresh kicks: Fund manger builds stake in ailing Dr Martens July 30, 2023 An activist fund manager has reportedly been building a stake in struggling bootmaker Dr Martens. Sparta Capital has bought stock worth “tens of millions of pounds” in the London-listed footwear brand, according to reports by Sky News. It is said that Sparta is also engaging in talks with the board to help the brand as [...]
Can Dr Martens get off on the right foot with investors this week? May 29, 2023 All eyes remain on Dr Martens ahead of its full year results on Thursday as investors hope the boot maker can offer signs of a turnaround following disruptions in its US warehouse and its struggling share price. The London-based bootmaker has downgraded its profit forecast twice in three months, telling the markets in April that [...]
Mark Kleinman: Dr Martens boss risks tripping over his own shoelaces December 7, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Dr Martens share price plummets 26 per cent after another slump in sales November 30, 2023 Another slump in sales has turned all eyes to Dr Martens today as the London-based bootmaker reported a 5 per cent dip in revenue, despite investors hoping for signs of turnaround. Dr Martens saw a revenue decline to £395.8m in the six months to September 30 as it continued to battle weakness in its US [...]