LONDON: British footwear group Dr Martens entered the London Stock Exchange Friday, valuing the iconic brand at £3.7 billion.
“We are proud to take our place as a London-listed company… continuing to grow our brand around the world.” Dr Martens’ revenue jumped by around one-fifth to £318 million in the six months to September 2020 from a year earlier. Various big-name businesses that have seen booming online demand from home-bound customers during Covid-19 lockdowns have revealed eye-catching plans for initial public offerings in recent weeks.