Dr. Martens announces departure from Mexico

Dr. Martens has officially announced its departure from the Mexican market, closing its stores and website in the country.

Dr. Martens bids farewell to Mexico, closing its stores and online operations. Photo: Metrópoles

02/17/2022

Dr. Martens has formally announced its departure from the Mexican market. The brand, which boasts iconic locations in Polanco, Roma, Centro, and Guadalajara, had solidified its presence in Mexico since launching its inaugural store in 2014. This flagship store, situated at Colima and Córdoba in Colonia Roma Norte, Mexico City, symbolized the brand's ambitions.

Originally, Dr. Martens aimed to open a total of 10 stores, targeting areas such as Querétaro, Puebla, and Monterrey. However, these plans never materialized. The influence of Dr. Martens in Mexico was undeniable. The UK Ambassador, Duncan Taylor, even attended several store openings. Their prominence was further enhanced by their strategic placement in renowned department stores like Liverpool, Palacio de Hierro, and Sears.

As of now, the brand hasn't provided an official explanation for their exit. Yet, there is rife speculation. Over the past few months, notable discounts and liquidations have been observed both online and in-store. Furthermore, an article from the Argentine newspaper, Ambito Financiero, disclosed in January that Dr. Martens encountered challenges importing goods into Latin America, leading to regional inventory disruptions.

Read the full article in Spanish

Latam

Mexico

National

Retail

Market Analytics

Retail And E-Commerce

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.