Dr Martens shares take a kicking after demand falls Retail Shares in Dr Martens slumped 13 per cent on Tuesday morning after the firm reported a drop in sales over the golden quarter, amid investor concern at its ongoing strategic “pivot”. Revenue at the bootmaker fell 2.7 per cent to £253m in the three months to the end of December, largely due to weakness in [...]
Dr Martens firmly in recovery mode, says City broker Retail Dr Martens is ‘making headway’ on its ambitious turnaround plan, with an ever-more positive outlook for the boot company, according to a City broker. “The debate is not whether [Dr Martens] can recover, but rather how long it will take… the process has already started,” Peel Hunt analysts said. The company, which was founded in [...]
Investors cheer Dr Martens’ turnaround plan – but will it work? Retail Shares in Dr Martens have jumped by a fifth as investors cheered on the shoemaker’s new strategy for growth. The iconic brand said it had “failed to take advantage” of its leather goods offering and plans to expand its range of sandals and bags. It’s a “fundamental shift” for the brand, designed to open the [...]
Dr Martens: Shoemaker broadens range of sandals and bags as profit plummets June 5, 2025 Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s [...]
JD Sports, Dr Martens and miners: UK stocks hit by Trump tariffs April 3, 2025 UK markets have been pummelled by US president Donald Trump’s newly-introduced tariffs, with JD Sports and miners hit particularly hard on the FTSE 100. JD Sports has been pushing a rapid expansion into the US, which is now its largest region by revenue, but is set to be hit by the 10 per cent tariff [...]
Dr Martens: Asia drives recovery for FTSE boot-maker as Europe falters January 27, 2025 Dr Martens reported a recovery in revenue driven by e-commerce sales in Asia and a turnaround in America. Overall group revenue rose by three per cent to £267m in constant currency, an adjustment of figures to align the number of reporting days in the current and prior reporting periods, in the third quarter of the [...]
Dr Martens swings to the red but shares spike with analysts positive on future growth November 28, 2024 Despite a pre-tax loss from Dr Martens, analysts have remained positive on its future growth prospects as it cuts costs and shakes up its leadership team. The boot-maker told markets this morning that profit before tax swung into the red, with a loss of £28.7m in the 26 weeks ended September 29, from a profit [...]
Dr Martens: Top bosses miss out on bonuses after ‘disappointing year’ June 12, 2024 The top bosses at iconic British shoe maker Dr Martens will not be paid their bonuses after the brand suffered a "disappointing year" as its pre-tax profit was slashed.
Uncool Britannia: What is going wrong at Dr Martens, Burberry and Mulberry? May 30, 2024 Thursday proved to be another challenging day for British heritage brands, with Dr Martens revealing a plummet in annual profits largely due to dwindling demand from US shoppers.
Dr Martens: Profit dives as boot maker continues to feel the pain from lagging US market May 30, 2024 Iconic British boot maker has reported another set of poor results.