British brand says cost of almost every aspect of its shoes has gone up as it reveals 16% rise in sales to £370m
Dr Martens will raise the price of its famous footwear by £10 a pair next summer, after the shoemaker said increases in the price of raw materials and transport had added to its costs.
The British brand said prices would rise in both Europe and the US as the cost of almost every aspect of its footwear had gone up – including the leather, metal eyelets, soles and shipping costs – because of demand for commodities and wage inflation.
