Major expansion progresses for Chesterfield cold storage provider
Trading in line with expectations at Dr. Martens
Dr. Martens has started its new financial year with trading in line with expectations.
The Northamptonshire shoe brand has seen “very good growth” in both EMEA and APAC, with “continued strength in retail as traffic recovers post covid,” and good ecommerce growth.
Wholesale revenues, however, were lower year-on-year. Dr. Martens said this includes the impact of the strategic decisions to reduce EMEA etailer supply and cease sales to the China distributor ahead of the contract end.
Meanwhile, Americas revenues were lower year-on-year, driven by wholesale, in line with expectations. The company noted: “Addressing our performance in this region remains our number one priority for FY24. In Americas DTC, the actions we’re taking are progressing to plan, and we continue to expect that it will take until the second half to see a meaningful improvement here.”
Funding won to unlock support for local business
- Early years (£345k) – Programmes to enable entrepreneurs to start and grow businesses in their first years in Derby
- Sector opportunities (£1.13m) – Programmes that champion innovation in product, process or service delivery, enabling companies to develop
- Inward investment (£600k) – A marketing programme to bring new key sector companies or to support new external investment into the city
- Recruitment and skills (£300k) – Funding for supporting roles that help with recruitment and skills provision and growth and scale-up advice
Council completes move to cost saving, energy efficient new home
Major step forward for £60m stadium redevelopment
North Nottinghamshire firm wins contract for historic bridge refurbishment
Watches of Switzerland hails record year
Vistry reopens East Midlands timber frame factory
Long Eaton furniture maker goes into administration
£7m Bellamy redevelopment reaches significant milestone with contractor appointment
An extensive redevelopment programme in the heart of a Mansfield estate is moving to the next phase with the successful appointment of contractors.