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News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
Dr Martens chief to step aside as bootmaker warns of another challenging year ahead
...Dr Martens said Ije Nwokorie, currently chief brand officer, would replace Wilson, who has spent six years in the top job....
April 16, 2024
News in-depthDr Martens Clothing Ltd
Dr Martens’ Ije Nwokorie: would-be saviour of bootmaker’s IPO promise
...But pre-tax profits at Dr Martens more than halved to £25.8mn in the six months to September 30, and revenue fell 5 per cent to £395mn....
April 19, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Dr Martens Clothing Ltd
Dr Martens chief to step down as bootmaker warns on profits again
...Dr Martens said Ije Nwokorie, its chief brand officer, would replace Wilson, who has spent six years in the top job....
April 16, 2024
News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record
Dr Martens lowers profit guidance amid tough US market
...British bootmaker Dr Martens has issued a profit warning as a “challenging” US consumer backdrop contributed to a halving of first-half profits, the company said on Thursday....
November 30, 2023
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
Risers and fallers in Europe
...Big share moves in Europe today include Swedish telecoms equipment maker Ericsson, British bootmaker Dr Martens and UK-based recruiter Robert Walters: Ericsson: The Swedish telecoms business was the biggest...
April 16, 2024
Dr Martens Clothing Ltd
Dr Martens shares tumble to record low as bootmaker warns on profits
...Dr Martens said that earnings in the current financial year would be “moderately below” the bottom end of the range expected by analysts....
November 30, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
LexEquity valuation
Why size is not a reliable guide to investment success Premium content
...Companies previously too big for the index included Watches of Switzerland, Indivior, Ashmore Group and Dr Martens. Fallen angels might well rebound....
April 14, 2024
Investments
Directors’ Deals: Dr Martens chief fills his boots
...The past few months have been challenging for iconic bootmaker Dr Martens....
July 28, 2023
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
What to watch in Europe today
...Trading updates are expected from CVS Group, Dr Martens, Fever-Tree Drinks, Foxtons, Halfords, Mitie Group, Workspace Group and Fuller, Smith & Turner....
January 25, 2024
Live news updates from June 1: US retailers warn on consumer spending, SpaceX wins Pentagon contract
Margins to fall at bootmaker Dr Martens
...Dr Martens has warned that its profit margins will fall this year as it invests in infrastructure to solve operational problems and boost future growth....
June 1, 2023
News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record
Risers and fallers in Europe
...Dr Martens: Shares in the UK bootmaker plunged 22 per cent to an all-time low after it said that revenues would fall and profits would miss analysts’ forecasts....
November 30, 2023
Dr Martens Clothing Ltd
Dr Martens shares tumble as bootmaker warns on margins
...Dr Martens has warned that its profit margins will fall this year as the UK bootmaker ploughs investment into a business that has been beset by distribution problems in the US, sending its shares down by...
June 1, 2023
News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record
What to watch in Europe today
...Companies: Updates are expected from French spirits maker Rémy Cointreau and UK shoemaker Dr Martens....
November 30, 2023
LexIPOs
Golden Goose: polished valuation aims to capitalise on derelict chic
...Dr Martens, like Golden Goose, is a niche footwear company backed by Permira. The maker of rock ‘n’ roll boots listed in London in early 2021....
November 29, 2023
Live news updates from January 19: Netflix CEO steps down, US hits debt ceiling
Dr Martens warns of lower revenues in wake of Los Angeles bottleneck
...British bootmaker Dr Martens has downgraded its guidance after revenue for the three months to December came in lower than expected....
January 19, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
HTSIThe Art of Sound: starring Burna Boy, Peter Blake, Michael Stipe, Samara Joy, Lankum and more
Why everyone wants to dance with Léo Walk
...I used to wear Dr Martens and listen to Yann Tiersen…” He chuckles. “I know it seems crazy to say that now....
February 23, 2024
Dr Martens Clothing Ltd
Dr Martens’ shares plunge after US bottleneck hits profits
...In November, Dr Martens cited weakening demand and a strong dollar as it scaled back its earnings expectations....
January 19, 2023
Live news updates from May 30: Republicans pledge to torpedo debt ceiling deal, Nvidia touches $1tn market cap
Risers and fallers in Europe
...Dr Martens: Shares in the UK-based bootmaker slipped 3.8 per cent on Tuesday after broker RBC cut its target price to 180p from 230p....
May 30, 2023
LexBirkenstock
Birkenstock: $8bn IPO valuation could lead to blisters Premium content
...Dr Martens, which has scarcely put a foot right since it was floated by private equity house Permira in 2021, trades at 7.5 times ebitda. L Catterton may have to accept a discount....
September 13, 2023
John Gapper
Birkenstock should not get too fashionable for comfort
...Shares in Dr Martens, another fashionable brand built on a German orthopaedic sole, have sunk steadily since its own IPO two years ago....
September 15, 2023
Live news updates from June 1: US retailers warn on consumer spending, SpaceX wins Pentagon contract
Risers and fallers in Europe
...Big share moves in Europe today include British bootmaker Dr Martens, UK-based digital car trading portal Auto Trader and Italian pharma company Recordati Industria Chimica e Farmaceutica: Dr Martens: Shares...
June 1, 2023
The Week Ahead
Round two for US Republican voters
...Korea: Q4 GDP figures (AM local time) US: preliminary Q4 GDP figures Results: Alaska Air Q4, American Airlines Q4, Blackstone Q4, Capital One Financial Q4, Comcast Q4, CVS Group trading update, Dow Q4, Dr...
January 21, 2024
News in-depthPrivate equity
Private equity resorts to buying back companies after IPO flops
...These include boots brand Dr Martens, whose shares are down almost 70 per cent since Permira listed it in January 2021; chemicals firm Azelis, which has shed 25 per cent of its value since EQT brought it...
November 20, 2023
Live news updates from November 24: Hopes rise for UK rail settlement, Net migration to UK hits record 504,000
Shares in British bootmaker Dr Martens drop after profit warning
...Shares in Dr Martens shed nearly a fifth after the UK bootmaker projected that weakening demand, a strong dollar and supply chain bottlenecks would hit its full-year profit....
November 24, 2022
The Art of FashionThe Art of Fashion: the Individuality issue
Marc Jacobs — master of reinvention
...It was also influenced, Jacobs said, by the way off-duty models around him were dressing, mixing thrift-shop silk dresses with thermal underwear, wool beanies and Dr Martens boots....
March 26, 2024

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