Iconic Northants bootmaker eyes IPO

Northants bootmaker Dr Martens is lining up an IPO and has already handpicked two Wall Street banks to bring forward the listing.

Sky News reports that Dr Martens owner Permira has appointed Goldman Sachs and Morgan Stanley as to act as global co-ordinators for the flotation, which is being planned for next year.

The move would come seven years after the Griggs family sold Dr Martens for £300m to Permira.

The value of any IPO is not yet known, says Sky News.