British bootmaker Dr Martens has priced its IPO at the top end of expectations putting a value on the company of around £3.7 billion, significantly above the £3.5 billion that it had been expected to be worth.
Co-founded by two retired scientists, Sustainable Composites uses an innovative chemical process to recycle leather into a material that looks, smells and feels identical to the original leather from which it was made.
N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
Dr Martens Limited confirmed on Monday that its long-awaited IPO will go ahead with a listing on the London Stock Exchange. It also released buoyant trading figures for the periods both before and during the pandemic.
World-renowned department store Selfridges has been awarded additional protection for its Oxford Street, London, building. It's one of 423 National Heritage List sites to be added or upgraded on Historic England's list.
N Brown’s half-year showed a “continued recovery and clear opportunity to accelerate [its] profitable growth strategy”, the company said on Thursday. It added that it’s launching a £100m equity fundraising.