Rieker
Dr. Martens sold
28.10.2013 5726

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

New Detmir stores opened in Belarus

Detsky Mir Group has opened two new stores in the Republic of Belarus. New stores of the Detmir chain were opened in Minsk and Gomel.
17.05.2021 122

New adidas + YEEZY silhouette arrives - YZY QNTM Flash Orange

The iconic adidas + YEEZY sneaker will hit the stores on May 22nd. The novelty is presented in a warm melange color with a predominance of red, which is complemented by monochrome black, gray and ...
17.05.2021 154

Crocs has updated the retail concept of stores in two Moscow "Mega"

In Mega Teply Stan and Mega Belaya Dacha, the renewed retail of the American shoe brand Crocs was opened. The Crocs Urban store concept was developed by Russian designer Polina Shcherbakova together with the international agency Briggs ...
14.05.2021 254

"Gardener" goes online

The Sadovod clothing market near Moscow opens its online store on the AliExpress platform and goes online for the first time. Sales of "Gardener" products on the Internet will be conducted in parallel with ...
14.05.2021 326

Wildberries Records Substantial Growth in Running Shoes Sales

During the "big" May holidays, Russian consumers actively purchased sports goods. This is evidenced by the sales data of Wildberries, the largest online marketplace in Russia. From May 1 to May 10, 2021, residents of our country purchased online ...
14.05.2021 236
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning