Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown, said the Brexit trade agreement and the early launch of the Covid-1
Streeter told CNN Business: “The enthusiasm surrounding Airbnb and Doordash’s U.S. initial public offerings has also greatly increased interest in IPOs,” she added, adding that during the popular period, Dr. Martens has gained from switching to online shopping. Benefits, but it also relies on “changeable fashion taste”, which may change in the future.
The British brand launched the iconic eight-hole 1460 boots in 1960. According to the company’s website, it was originally worn by postmen and factory workers, and later favored by young Scanner lovers who embraced the British working-class style.
Pete Townshend of the British rock band The Who became the first celebrity to wear them, turning the boots of work clothes into a symbol of rebellious youth culture.
Permira acquired Dr. Martens for 380 million euros ($462 million) in 2014 and invested in its direct-to-consumer channels, including company-owned physical stores and e-commerce.
The document shows that despite the fact that most of its stores were closed for several months due to the influenza pandemic, revenue for the six months ended September 30 increased by 18% compared to the same period in 2019, reaching 318 million pounds (428 million). US dollars).
the company 5.5 million pairs of shoes were sold during this period -An increase of 700,000 from the previous year-and double it E-commerce revenue.
CEO Kenny Wilson said the brand has “huge global growth potential” in the future. He added: “Our iconic brand attracts different consumers from all over the world, who wear our shoes to express their style.”
—Julia Horowitz contributed the reportG.