Dr. Martens may be looking for a buyer
17.04.2019 2619

Dr. Martens may be looking for a buyer

Several British media have written that Permira, a private equity firm, is considering selling the Dr. shoe brand. Martens, which she acquired six years ago from the founders of the Griggs family brand. It also suggests brand plans for an IPO in the United States.

A private investment fund is looking for bankers to sell the brand or to place brand shares in the US stock market. The Permira Foundation acquired Dr. Martens in 2013, paying 300 million British pounds for it. Since then, the brand’s business has been growing steadily. In the financial report for the year ending March 31, the company reported revenue growth of 20%. It amounted to 348,6 million British pounds (about 400 million euros). EBITDA increased by 33% to 50 million British pounds (approximately 58 million euros). At the moment, Dr. Martens has about 100 stores open around the world.

According to experts, the brand can be sold for at least two times the amount of 300 million pounds that Permira paid for it six years ago.

Several UK media outlets have reported that private equity firm Permira is considering selling the Dr. Martens, which she acquired six years ago from ...
5
1
Rating

Latest News

Dior unveiled its new flagship in Beijing – House of Dior Beijing

The new flagship of the House of Dior in Beijing is an impressive five-story building designed by the French architect and Pritzker Prize winner Christian de…
16.12.2025 250

Italian exhibitions MICAM and MIPEL are changing the architecture of their exhibition spaces.

The Italian international leather trade fairs MIPEL and MICAM (footwear and accessories) have joined forces following the COVID-19 pandemic to create synergies and address the challenges facing the industry. Now is the time to…
15.12.2025 283

Portuguese leather exports grew by 5,8% in 2025

According to the research department of APICCAPS (Portuguese Association of Footwear, Components and Leather Goods Manufacturers), Portuguese leather exports grew by 5,8% year-on-year in the period ending September 2025,…
15.12.2025 279

Prada to release sandal collection in collaboration with Indian artisans

Italy's Prada Group plans to manufacture 2000 pairs of sandals in the Indian states of Maharashtra and Karnataka under a deal with two government entities, combining local Indian craftsmanship with Italian technology and…
12.12.2025 520

In the days leading up to the New Year, consumers prefer shopping in traditional retail outlets.

Around 25% of Russians shop for New Year's gifts at shopping malls rather than using marketplaces, according to a survey by the development company Ortiga.
11.12.2025 612
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning