Article 6XS3H Dr Martens promises not to raise prices this year despite US tariffs

Dr Martens promises not to raise prices this year despite US tariffs

by
Joanna Partridge
from World news | The Guardian on (#6XS3H)

UK footwear brand says it will continue to source bulk of its shoes from Laos and Vietnam through tough times'

Dr Martens has vowed not to increase prices this year and will continue sourcing from Vietnam and Laos, despite the threat of cripplingly high tariffs on the south-east Asian countries, where the bulk of its shoes are made.

The British footwear brand, best known for its boots with distinctive yellow stitching, said most of its autumn and winter stock would be either in the market or in transit by the start of July, around the time the 90-day pause on an array of tariffs imposed by the US is due to come to an end.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments