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05.06.25 - 16:24
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Dr Martens promises not to raise prices this year despite US tariffs (The Guardian)
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UK footwear brand says it will continue to source bulk of its shoes from Laos and Vietnam 'through tough times'Business live – latest updatesDr 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 the majority of its autumn and winter stock would be either in the market or in transit by the start of July, around the time when the 90-day pause on an array of tariffs imposed by the US is due to come to an end. Continue reading......
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