Rumours that Dr Martens could fetch as much as £1bn seem to be on the ball, and even a possible underestimation. Its private equity owners are reportedly seeking at least that figure to sell the expanding company.
The American footwear company reported slight increases in sales and earnings per share for the third quarter on Monday, but trimmed its full-year outlook for fiscal 2019 to reflect the impact of new tariffs.
Founded in 2010, the independent Swiss brand, which is experiencing rapid growth and expanding its operations, announced on Saturday that it has brought tennis star Roger Federer on board as part of its team.
Abercrombie & Fitch Co opened its new signature brand store, including abercrombie kids, in Westfield London on Friday. The new flagship is at Europe's largest shopping destination that draws in 30m visitors a year.