[Request] Dr. Martens 🥾

Hi all,

I’m a bit late to the party with this one but I’ve read a few articles ranging from June 2019 to Feb 2020 that Dr. Martens is considering an IPO on the LSE.

I thought I’d make a topic to share updates & opinions

https://www.ft.com/content/175572ec-7740-46c9-8f20-fbe738ceb77c

ITS HAPPENING

Not the most exciting news in the world but Dr. Martens have been a steady brand for years but innovation will be key for them in order to capture the next generation.

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They have been getting really bad reviews for a few years now, 2.5 stars on trust pilot. Seem to remember them being featured on the BBC show watchdog because they had got such a bad reputation.

I’ve been doing some digging and it sounds like they’re floating a 25% stake valued at £3billion+, 4.5 times the £672 million sales in the year to March 2020, and 16 times Doc’s £185 million ebitda.

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