Dr Martens’ big gains

DR MARTENS took its first day on the stock market in its stride soaring nearing £800million in value. The bootmakers’ shares closed up 21 per cent making it worth almost £4.5billion. The debut was a success for majority owner the private equity firm Permira, which bought the company in 2014 for £300million. Experts say the surge is likely to spur other companies into flotation. Moonpig and Deliveroo are expected to follow suit. CEO Kenny Wilson “We have been delighted by the strong levels of interest.”