Dr. Martens Plc news and archive

Dr. Martens expands into the UAE and Latin America

British footwear brand Dr. Martens is expanding its global presence with a new distribution partnership with Beside Group, marking its entry into the United Arab Emirates (UAE) market for the first time. Additionally, the brand has secured a deal to further its expansion into Latin America through a partnership with Crosby. In a statement, Dr....

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Dr. Martens posts negative results driven by weak US consumer demand

In a preliminary results announcement for the full year, Dr. Martens reported revenue decline of 12 percent or 10 percent in constant currency, with DTC revenue up 2 percent or 5 percent constant currency offset by wholesale revenue down 28 percent or 26 percent constant currency driven by USA wholesale. For the first half, the company expects a...

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Dr. Martens names new CEO, projects challenging FY25

Dr. Martens expects its FY24 results to be in line with guidance with direct to consumer (DTC) achieving high single-digit growth in the fourth quarter, compared with a 3 percent decline in the previous quarter as a result of good growth across EMEA, a flat outcome in the USA and a very strong result in APAC, led by Japan. However, for FY25, the...

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Giles Wilson to start the CFO role with Dr. Martens in May

Giles Wilson, whose appointment as Dr. Martens chief financial officer (CFO) was announced in November last year, will be joining the business and board from May 27, 2024. The company said in a release that he will present the FY24 results of the company on May 30, 2024. The company also confirmed that Giles and Katie Wilson, a person closely...