Dr Martens posts strong H1 results

Dr Martens has posted a 46% increase in half-year profits to £61.3m.

Revenues also jumped 16% in the period between April and September to £369.9m.

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Growth in sales was particularly high in the US, where the business grew 57%. In Europe, the group grew 12%.

“Our strong first-half performance combined with the continued momentum in DTC trading into the second half gives us confidence in achieving market expectations for the full year. I remain hugely excited about the growth potential of the Dr. Martens brand.,” said chief executive, Kenny Wilson.

Dr Martens opened 13 stores in the first of the year and will open a further 10 in the second half of the year.

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