German-founded British footwear and apparel brand, Dr Martens, has closed all of its physical stores in the Philippines. The brand announced on social media that it closed all of its remaining four stores in Glorietta 4, SM Mall of Asia, SM Megamall, and…
Private-equity group Carlyle is reportedly considering a more-than-£1 billion bid for British footwear brand Dr Martens. According to Bloomberg, citing internal sources, current owner Permira, a European investment company, has engaged Goldman Sachs and…
Airwair International Ltd, the company that makes Dr. Martens, is suing Yoox-Net-A-Porter Group for selling shoes that, it claims, look too much like its iconic lace-up boots. The lawsuit, filed in federal court in San Francisco, alleges trademark…
A strong performance in Asia has helped boost UK footwear brand Dr Martens revenues by 25 per cent. Sales in Asia for its latest fiscal year grew by 43 per cent, to contribute £66.4 million (US$88 million) to its total revenues of £290.6 million. During the…
The global Dr Martens store network is set to double, despite lower revenue and profits in its latest trading year. Owned by European private-equity firm Permira, Dr Martens saw its revenue and profits drop as it closed wholesale accounts and invested in…