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.
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.
Permira will help the 10-year-old Los Angeles-based brand to achieve its growth plans, expand its e-commerce strategy and retail footprint both domestically and internationally, and launch new product categories.
As it continues to work through its turnaround, M&S has sometimes looked to be deprioritising fashion compared to food, but now it has appointed a new creative agency to give a boost to its Clothing & Home ops.