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Comment by smcin

2 months ago

Sure but that seems to have been predictable from:

- 2003: DM came close to bankruptcy, moved all production from UK to China and Thailand, laid off UK workers

- 10/2013: private equity company Permira acquired R. Griggs Group Limited (owner of DM brand), for £300m. Hired former brand president of Vans as CEO.

- 2019: declining quality reported for previous years

- 1/2021: floated on London Stock Exchange for £3.7 billion.

https://en.wikipedia.org/wiki/Dr._Martens#History

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smcin

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