Fashion
British brand Dr Martens posts $421 mn revenue in H1
Americas was the best performing region with revenue up 6 per cent; both DTC and wholesale were in positive growth. EMEA revenue declined 3 per cent with a continued subdued DTC performance against a promotional backdrop. APAC revenue grew 2 per cent with particular strength in South Korea and steady performance in Japan.
Dr Martens has reported £322 million (~$421 million) in H1 FY26 revenue, up 0.8 per cent CC, with stronger wholesale and 6 per cent growth in full-price DTC sales.
The Americas led with 6 per cent growth, while EMEA fell 3 per cent and APAC rose 2 per cent.
CEO Ije Nwokorie highlighted early progress on the consumer-first strategy and continued cost discipline despite a cautious market.
In the first half of fiscal 2026, gross margin improved 130bps to 65.3 per cent, with full price performance and continued good management of input costs more than offsetting channel mix and the headwind from higher tariff costs, the company said in a press release.
“As we set out in June, we’re pivoting from a channel-first to a consumer-first strategy. Our brand is strong, as evidenced by the 33 per cent increase in shoe volumes and the successful launch of new products such as the Zebzag Laceless boot and the 1460 Rain boot. While it’s still early days, we are happy with the advances we’re making and are seeing green shoots across each of our four levers for growth. This strategic progress, as well as the benefits from the cost action plan delivered last year and our continued focus on cost management, is delivering a meaningful improvement in our financial performance including a continued reduction in net bank debt,” Ije Nwokorie, chief executive officer, said.
The company’s consumer goal for FY26 is to increase full price sales and reduce clearance activity, and in H1 it delivered full price DTC revenue up 6 per cent, with full price DTC mix improving 5pts. In Product, it is focused on driving more purchase occasions and achieved a 33 per cent increase in shoe volumes in H1.
With Markets, the company has delivered new and expanded distribution partnerships for Latin America, Italy, UAE and the Philippines and deepened partnerships with its largest wholesale customers globally
“While the marketplace remains uncertain and consumers are cautious, and our biggest trading weeks are ahead, we are confident in our plans for the year. I am laser-focused on execution and setting the business up for growth in the coming years. I’d like to thank every member of the Dr Martens’ team, as well as our partners around the world, for their continued hard work and passionate commitment in this endeavour,” added Nwokorie.
Fibre2Fashion News Desk (RR)
Economic momentum remained strong at the end of 2025, with real GDP expanding 8.4 per cent year on year (YoY) in the fourth quarter, the fastest pace in several years. Growth was driven by robust export-oriented industrial production. Credit growth surged to 19.4 per cent YoY by December, well above deposit growth of 14 per cent, SBV said in a release.
Vietnam’s interbank rates, which rose sharply in late 2025, are expected to ease in 2026 as credit growth and economic momentum cool.
GDP expanded 8.4 per cent year on year in Q4, while credit growth of 19.4 per cent outpaced deposits.
Despite a strong 2025, US tariff risks remain.
The SBV is likely to keep rates steady while targeting slower credit growth.
While Vietnam enters 2026 on a positive footing after achieving an estimated 8 per cent growth in 2025, external risks remain significant for the export-driven economy. Goods exports to the US, which account for around 30 per cent of the total, face the lagged impact of 20 per cent reciprocal tariffs, uncertainty over transshipment duties, and the risk of additional sectoral measures, including possible semiconductor levies.
Monetary authorities have signalled a cautious policy stance for 2026 despite an official GDP growth target of 10 per cent, which analysts view as difficult to achieve. Growth is expected to moderate to around 6.5 per cent, while the SBV has set a lower credit growth target of 15 per cent to limit overheating and resource misallocation risks.
The refinancing rate is expected to remain unchanged at 4.50 per cent, though the possibility of an unexpected rate hike cannot be ruled out if liquidity strains persist.
Fibre2Fashion News Desk (HU)
Published
January 16, 2026
Moncler and Rick Owens have unveiled their first-ever summer collection, expanding their ongoing collaboration with a warm-weather offering inspired by Berlin’s brutalist architecture and Moncler’s outdoor expertise.
Designed as a lightweight, warm-weather uniform, the collection reflects Rick Owens’ vision of where nature and city meet, described by Owens’ as “brucolic.”
Notably, as part of the Spring/Summer 2026 lineup, kilt-style shorts and slinky, asymmetric jersey skirts are paired with tonal hiking socks and Trailgrip Megalace sneakers, reinforcing the collection’s emphasis on movement and adaptability. The color palette is characterized by black, dark dust, vintage olive, and a bold carnelian red, which appears for the first time in this season’s collaboration.
Other collection highlights include quilting and graphic embroidery, lightweight outerwear in leather and nylon, as well as summery windbreakers and relaxed jerseys that play with proportion and silhouette. Consistent with the designer’s ethos, the collection embraces gender-neutral styling across relaxed bombers and nipped-in, cropped styles, with exaggerated shoulders. Completing the collection are accessories including sunglasses, quilted bucket hats, caps, and waistbags.
The collection launches with a series of intimate images shot by Juergen Teller, featuring Rick Owens and his wife and longtime muse Michèle Lamy, alongside Teller himself and his wife and creative partner Dovile Drizyte. The candid photographs capture moments of affection, reinforcing themes of love, passion, and human connection.
The collection is now available online, as well as in selected Moncler boutiques, Rick Owens flagship stores, and select retailers worldwide.
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