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What's up, doc?

10 December 2019 By Dasha Afanasieva

The iconic bootmaker is on the block. If owner Permira sells at the same multiple of EBITDA that it paid, it will earn a 20% annual return, Breakingviews calculates. Buyers must weigh up whether an online backlash over shoddy shoes means cost-cutting has worn out the brand.

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