Dr Martens news and archive

Dr. Martens shares fall after flat revenue forecast for 2026

Shares in British shoemaker Dr. Martens fell by almost 12 percent on the London Stock Exchange on Tuesday. This followed the publication of a company report on the same day, signed by CEO Ije Nwokorie. He states that revenue for fiscal year 2026 will likely remain stable. This is not good news, considering the declining performance over the past...

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Dr. Martens reports revenue decline amid strategic pivot to full price sales

UK-based footwear brand Dr. Martens has reported a decline in third quarter revenue as the company prioritises full price sales over promotional volume. For the 13 weeks ended December 28, 2025, group revenue fell 2.7 percent on a constant currency (CC) basis to 253 million pounds (346 million dollars). Performance by channel and region The...

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Former Levi’s Americas president ups stake in Dr. Martens

Robert Hanson, the former president of Levi’s Americas, has increased his shareholding in Dr. Martens just days after initially snapping up a stake in the British footwear company. According to a London Stock Exchange filing, Hanson, who joined the board as an independent non-executive director in March, has secured another 104,000 shares in Dr....

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Former Levi’s Americas president secures shares in Dr. Martens

Robert Hanson, the former president of Levi’s Americas, has joined the board of directors at Dr. Martens after snapping up 96,000 shares in the company. Hanson, who has been serving as an independent non-executive director for Dr. Martens since March, secured the stake at a price of 0.7886 pounds per ordinary share, valuing the deal at 75,000...

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Dr. Martens unveils new beacon store concept in pivot to consumer-first strategy

Dr. Martens has opened its first beacon store as part of a consumer-first pivot under its new chief executive officer, Ije Nwokorie. Through the refreshed store format, the footwear brand is hoping to build on efforts to elevate its label by further differentiating its retail footprint. Located on Brewer Street in London’s Soho, the 3,400 square...

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Dr. Martens reports improved profitability in first half as new strategy gains traction

Dr. Martens plc reported first-half results for the 26 weeks ended 28 September 2025, highlighting early progress under its new consumer-first growth strategy and a marked improvement in profitability despite broadly flat revenues. Group revenue edged down 0.8 percent to 322 million pounds, or up 0.8 percent on a constant-currency basis, as the...

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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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Business development "within expectations": Dr. Martens confirms annual forecasts

British footwear brand Dr. Martens Plc confirmed its forecasts for the current 2025/26 financial year on Thursday. The company stated ahead of its annual general meeting in London that sales performance has been "in line with expectations" since the start of the financial year on April 1. The full-year targets formulated at the beginning of June...

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Dr Martens announces new strategy to engage more consumers as profits drop

Heritage footwear brand Dr Martens has reported overall revenues were down 10 percent year-on-year, in line with guidance, due to "a challenging macroeconomic and consumer backdrop" in several of its core markets. In the preliminary results for the 52 weeks ended March 30, 2025, Dr Martens’ group revenue dropped from 877.1 million pounds to...

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Dr. Martens names new president of Americas, eyes next phase of growth

Footwear brand Dr. Martens has named Paul Zadoff as its new president of the Americas, a position he will take up from the beginning of June 2025. In the role, Zadoff will be responsible for leading the regional team in pushing performance, growth and profitability across the Americas business. He will report to CEO Ije Nwokorie. Zadoff joins...

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Robert Hanson and Benoit Vauchy appointed to Dr. Martens board

Footwear brand Dr. Martens has announced the appointment of Robert Hanson and Benoit Vauchy as non-executive directors, effective March 26, 2025. Chairman Paul Mason commented, "We are pleased to announce these appointments today. Robert has significant USA and wholesale experience and is a proven consumer brand CEO. Benoit is an experienced...

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Dr. Martens aims to turn around US performance

Dr. Martens revenue for the third quarter to December 29, 2024, was up 3 percent at constant currency and down 3 percent reported to 267 million pounds. DTC revenue for the quarter increased by 1 percent driven by ecommerce revenue growth of 2 percent and retail revenue decline of 1 percent. “I am excited to be CEO of Dr. Martens. Our Q3 trading...