Dr. Martens sold
28.10.2013 6853

Dr. Martens sold

This is not the first time Permira has invested in fashion brands - the foundation already owns stakes in Hugo Boss and New Look.

Recall that Dr. Martens sells about five million pairs of shoes a year. Production is mainly located overseas, but part of the production is still produced at the Northampton factory.

According to the results of the last fiscal year ending March 31 2013, sales of Dr. Martens grew by 27 percent year on year and amounted to 160 million pounds. Net income increased from 17,9 million to 18,4 million pounds.

British private equity firm Permira has bought the shoe company R. Griggs Group Ltd, owner of the Dr. Martens, for $ 485 million. The final deal will be closed in January 2014 ...
5
1
Rating

Latest News

Lamoda Sport will support the release of new sports shoes with an advertising campaign

With the beginning of the spring season and the appearance of new models of sneakers from the world brands Adidas, Puma, Reebok and New Balance on the Lamoda Sport network, the Lamoda company will launch an advertising campaign in order to attract consumers to both goods,…
25.04.2024 83

Trend Island department store opened in Moscow in the Evropeisky shopping center

In mid-April, the opening of the second Trend Island department store took place in one of the key shopping centers of the capital, in the Evropeisky shopping center. The first department store with a focus on presenting collections of clothing, shoes and accessories from Russian designers was…
25.04.2024 175

The qualifying round of the Shoes-Style competition for footwear and accessories designers took place in Moscow.

On April 24, the qualifying round of the international competition of shoe and accessory designers “Shoes-Style” took place. At the site of the competition organizer, Russian State University. A.N. Kosygin demonstrated 70 collections of participants...
25.04.2024 351

Major players in the sportswear and footwear market are experiencing a slowdown in sales

The sportswear segment was not immune to the effects of inflation: in 2023, sales of the main players slowed down, writes...
23.04.2024 417

Portugal overtakes Spain in shoe production

Portugal has become the second largest shoe producer in Europe, overtaking Spain. According to Eurostat, Portugal produced 2022 million pairs of shoes in 85, two million more than its Spanish rival, writes...
23.04.2024 1414
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning