Dr Martens' biggest shareholder sells 6.5% stake; shares tumble
The private equity company now holds around a 36.4% stake in the bootmaker
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The private equity company now holds around a 36.4% stake in the bootmaker
"This resolves a legacy situation and further simplifies our company," said CEO Blake Hughes
“As we shift from a brand-led to a category-led growth strategy, we are focusing on high growth categories with brands we can stretch into new places and spaces to support our medium-term growth ambitions, including 4%-6% growth in Health,"
"We progress through the pandemic in better shape than when we entered it," said chief executive Blake Hughes.
“We are not currently aware of any competitor gloves offering this combination of speed and protection,” said Symphony.
Revenue increased by 39% to £29.8mln as 243,000 new customers signed up
“Global supply chain challenges are expected to remain during at least the second half of the group's financial year and there is increased consumer uncertainty as a result of the emergence of the Omicron coronavirus variant,” the lifestyle
Other updates on Tuesday include Joules Group, Watches of Switzerland, Chemring and RWS Holdings, as well as unemployment numbers from the ONS
Deutsche rates the shares a ‘buy’ up to £40, around 13% ahead of the market consensus
Tobacco stocks split investor opinion, even when they're really 'cheap'.
Some economic data in the form of UK retail sales and house price data fills out the day's agenda
Non-executive director Mark Ward invested has bought a 55% stake in the venture for £275,000
Barclays Capital has upgraded its stance on stock in the fashion boot and shoe maker
The UK government department for Environment, Food and Rural Affairs as well as the Scottish government have opted to exclude oxo-biodegradable plastic from their "nuisance" lists
The specialised products and services group expects 10% revenue growth in fiscal 2022
Symphony UK has awarded Symphony India an exclusive distribution agreement to market and sell Symphony's d2w and d2p masterbatches in India.
Some companies under investigation are spending up to ten times more than the SFO on legal and investigation fees, according to the Bureau of Investigative Journalism
The Chinese market saw a 15% decline in sales for the year so far
Prior to its IPO the company received investment from Leonardo Di Caprio
The filings, along with two recent job postings for virtual material designers, suggest that the company is laying the foundations for Nike-branded products in the metaverse