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.
This has been Bottega Veneta’s year, while Alexander McQueen’s sneakers have enjoyed surging popularity, the former Meghan Markle has been the top influencer and sustainability has been the hottest topic.
From fashion to beauty, the market for products using no animal products is surging, with climate-conscious consumers in Britain fuelling the global dash to cash in on a fast-expanding range of ethical merchandise.
The British footwear label has announced its appointment of Véronique Miguens as country manager France. She will be responsible for retail development, reporting to Nathalie Schneider, EMEA retail director.
London Designer Outlet, which sits next to Wembley Stadium, enjoyed a 9.2% increase in retail sales in June, July and August compared with the same months in 2018, boosted by the sold-out Spice Girls reunion tour.