Article 6661X Dr Martens says boot prices will rise to cover increasing costs

Dr Martens says boot prices will rise to cover increasing costs

by
Sarah Butler
from World news | The Guardian on (#6661X)

Northamptonshire-based footwear group's half-year results show 5% fall in profits despite 13% rise in sales

Dr Martens is to step up the price of its boots by 6%, as it says the cost of labour, energy and supplies, including the bouncy soles and leather, has risen.

The Northamptonshire-based footwear group will increase prices for the second year in a row on the classic boot, which currently costs about 159, adding 10 to the price. The rise will come next autumn to reflect higher production costs that the company has now locked in over the course of next year.

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