It is a brand that epitomises youthful rebellion favoured by punks, students and other subcultures. But the Establishment may soon get its hands on Dr Marten after it emerged that its owner is close to agreeing a deal with Permira, the private equity firm.
R Griggs Group is in advanced negotiations with Permira to secure an agreement worth in the region of £300 million to buy the licensing rights to the boots rather than keep ownership of the brand.
Dr Martens, based in Northampton, has been owned by the Griggs family for just over half a century. The father of