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.
The Milan Fashion Week ended on a note both optimistic and a tad zany, the collections by Dima Leu, Magliano, A-Cold-Wall*, JieDa and Les Hommes swinging between chic minimalism and cheerful creativity.
First there were the rumours, then last week the confirmation that Dr Martens was "considering" a stock market launch. But on Monday, the company said it definitely will be floating on the London Stock Exchange.
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.
The apparel and footwear company announced on Tuesday that it has named former Dr Martens CEO Steve Murray as the new global brand president of The North Face and implemented broader organizational changes.