Banner year for Dr Martens
Dr Martens has posted a 30 per cent increase in its annual revenue for the year to 31st March, of which 77 per cent was generated overseas. Total revenue came in at £454.4 million with retail like-for-likes at £126.7 million and wholesale up by 23 per cent to £255 million. During the year the business has opened 20 news stores in Japan, the USA, Europe and Hong Kong.
Dr Martens CEO Kenny Wilson said that trading had been boosted by applying focus to its direct to consumer offering and by improving operational performance.