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Dr Martens bosses and backers set for huge windfall in £3.5bn float

2 months old
This article is more than 2 months old
UK footwear brand expected to launch market listing on Monday, with CEO in line for stake worth Â£58m
Cherry reds. People in Dr Martens attend skinheadsâ Seaside Reunion Weekend in Brighton. Photograph: Alan Crowhurst/Getty Images
Cherry reds. People in Dr Martens attend skinheadsâ Seaside Reunion Weekend in Brighton. Photograph: Alan Crowhurst/Getty Images
Sun 24 Jan 2021 14.23 EST
The British footwear brand Dr Martens is expected to launch a stock market flotation on Monday that would value the Northamptonshire firm at Â£3.5bn and generate a huge windfall for its bosses and backers. ....

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Mike Ashley to defy odds with opening of giant Flannels stores

Coronavirus related artwork displayed on screens in the window of the Flannels clothing store on Oxford Street in London.
Photograph: Matt Dunham/AP
Mike Ashley’s Frasers Group is thumbing its nose at the high street downturn by opening of three giant flagship stores for its designer fashion chain Flannels – and plans for 15 more in the next five years.
The former House of Fraser at the Meadowhall shopping centre in Sheffield, and a former Owen Owen department store in Liverpool, are to become Flannels outlets, as well as a site in a new development at Leicester’s Fosse Park shopping centre. ....

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