THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Dr Martens says sales are in line with expectations as it continues post-Covid recovery

Footwear brand Dr Martens has said trading since the start of its new financial year is in line with expectations as it continues to recover following… View Article

FASHION RETAIL NEWS UK

Dr Martens says sales are in line with expectations as it continues post-Covid recovery

Footwear brand Dr Martens has said trading since the start of its new financial year is in line with expectations as it continues to recover following the ending of Covid-19 restrictions.

In a trading statement ahead of its AGM, the company also pointed out that the early months are typically the smallest period of the year, representing the tail end of the spring/summer trading period.

In the three month period, Ted Baker’s online sales were in line with the fourth quarter of the previous financial year. While its retail business continues to make a strong recovery post-Covid, the brand’s wholesale order book has increased beyond 85% of the full year level as previously disclosed.

Dr Martens said it implemented its autumn/winter price increases fully from early July and to date has opened ten new stores. It also revealed that its shipping lead times are improving steadily and that third-party factories are open and operating at 90% to 95% of planned capacity.

Last month, Dr Martens posted record revenue for the year to end March with an uplift of 18% to £908.3 million.

At the time, the brand said it had sold more pairs of boots, shoes and sandals than at any time in its 62-year history.

Subscribe For Retail News