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Dr Martens puts its best foot forward in Asian markets

It may have started out as a humble workwear boot, but these days style-conscious consumers in South Korea and Japan are driving sales of Dr Martens.

In the year to the end of March, the bootmaker reported a 25% jump in revenues to £290.6m, up 12%, with Asia up 43% at £66.4m.

The company, which was acquired by Permira in 2013 for £300m, said that Asia accounted for 23% of sales, while underlying earnings in the region leapt by 105% to £13.5m over the year.

 

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