Dr Martens in US stock listing

THe owner of Dr Martens is mulling plans to float the British shoe maker in the Us or find a buyer.

Private equity firm Permira bought Dr Martens six years ago. It is now preparing to hire bankers to review its options for the company, sky News reported.

Dr Martens, which turns 60 next year, could be worth more than double the £300m the Griggs family sold it for in 2013.

The distinctive shoes were designed by German Klaus Martens in the 1940s and the Griggs bought patent rights to make them in Britain in 1960. They became popular and are now worn by celebrities such as David Beckham.

Dr Martens has around 100 of its own stores and its financial performance has improved since being brought under private ownership.