Dr Martens sales rise driven by wholesale and retail recovery

Exterior of Dr Martens store

Dr Martens has recorded strong sales in the first quarter as its business continued to recover in all areas post-pandemic.

The boots specialist reiterated its profit guidance for the full year as momentum continues. It said it anticipates “high-teens revenue growth” and “ecommerce to grow to at least 40% mix, with total DTC, including retail, of at least 60% mix”.

Dr Martens said that its ecommerce sales were in line with the last quarter of the previous year, while retail sales “continues its strong recovery”.

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