Dr Martens takes a kicking from shareholders as distribution disruption wears down profits January 19, 2023 Shares in Dr Martens have dropped an eye-watering 22 per cent this morning - after the bootmaker downgraded profit expectations.
Dr Martens yet to see cost of living crisis hit as revenue jumps November 24, 2022 Dr Martens is yet to see the impacts of the cost of living crisis in the UK, as it keeps its outlook firmly in place. The footwear retailer enjoyed a revenue jump of 13 per cent to £418.6m in the six months to the end of September. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) [...]
Dr Martens says sales of boots are in line with forecasts despite cost of living crunch July 14, 2022 Dr. Martens has assured shareholders its trading this year is in line with expectations, ahead of its AGM in north London on Thursday. In a trading update on Thursday morning, the boots maker said trading was as expected since the start of this financial year. The retailer acknowledged that ‘the early months of our financial [...]
Dr Martens posts kicker revenue despite price rises and supply concerns June 1, 2022 Shares are up over 25 per cent this morning for Dr Martens after the iconic boot maker posted a strong performance in Americas and EMEA, with reported revenue up 29 per cent and 19 per cent respectively for the full year.
Online firms lead UK listing boom for retailers January 10, 2022 An online shopping boom has led to a rise in the number of retailers listing on the UK stock market this year. Some 10 retailers floated this year – including furniture-seller Made and greetings card firm Moonpig – compared to just three in the past three years. Eight out of ten firms were online firms, [...]
Exclusive: Why the post-Covid investment space is ripe for a wave of retail IPOs June 4, 2021 With over 450 IPOs already listed this year, including the likes of Moonpig and Dr Martens, the post-Covid market seems ripe for fresh floats. Large retail companies are no exception and will be part of the recovery conversation. “ In fact, market interest in retail is steadily returning following a slow recovery after the pandemic, which has [...]
Trustpilot aims for £1bn valuation in upcoming London IPO March 8, 2021 Consumer review service Trustpilot is aiming to bag a £1bn listing when it lists its shares in London later this month, after it secured $240m through the initial public offering. The Danish company confirmed its intention to float on the London Stock Exchange earlier this month, following $240m commitments from investors including Fidelity, Adelphi, BlackRock and [...]
FTSE reshuffle: Who’s in and who’s out of London’s blue-chip index? March 3, 2021 FTSE reshuffle: Who's in and who's now out of London's blue-chip index?
Dr Martens valued at more than £3.7bn in London IPO January 29, 2021 British bootmaker Dr Martens started its London IPO in style on Friday, attracting bumper demand in a sale valuing the company at £3.7bn. Dr Martens’ shares were up 19 per cent in their market debut after the company priced the deal at 370p a share, raising nearly £1.3bn. Known for its chunky boots, Dr Martens [...]
Dr Martens confirms plans to float on LSE January 18, 2021 Dr Martens has confirmed it intends to float on the main market of the London Stock Exchange, with admission currently expected in early February. The company intends to apply for admission of the shares to the premium listing segment of the Official List of the Financial Conduct Authority, and to trading on the London Stock [...]