Dr Martens will not increase prices despite US tariffs, with sales in US picking up.

From Yahoo Finance: 2025-06-05 10:11:00

Dr Martens vows not to raise prices despite high tariffs on shoes made in Vietnam and Laos. Majority of autumn and winter stock will be in market or transit by start of July. Company not considering moving manufacturing locations. Sales in US picking up despite threat of higher tariffs. Profits slump to £8.8m for year ending March. Company makes 2,000 pairs of boots a week at Northampton factory. Plans to focus on shoes, sandals, bags, and boots. Shares rise 24% after turnaround plans announced. Brand created in 1945 by German army doctor. Introduced to UK in 1960, popular among various subcultures.



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