THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Dr. Martens reports strong full year growth

Footwear brand Dr. Martens has reported that full year revenue rose by 30% to £454.4 million after it achieved double digit growth across all of its channels…. View Article

FASHION

Dr. Martens reports strong full year growth

Footwear brand Dr. Martens has reported that full year revenue rose by 30% to £454.4 million after it achieved double digit growth across all of its channels.

In the year to 31 March, retail revenue climbed by 30% to £126.7 million as retail like-for-like sales rose by 18%. Wholesale revenue also saw a significant increase with an uplift of 23% to £255 million.

Meanwhile, EBITDA rose by 70% to £85 million. 

During the year, Dr. Martens opened 20 new stores including eight in Europe, four in the US, six in Japan and two in Hong Kong. The company said 77% of the full year revenue was generated outside the UK.

Kenny Wilson, chief executive of Dr. Martens, said trading had been boosted by the company’s focus on expanding its direct-to-consumer offering and improving its operational performance.

He added: “We look forward to the year ahead, during which we expect to deliver continued strong growth and accelerate the many positive trends seen in the past year.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >