The Business Times

Dr Martens

Companies & Markets

Dr Martens slips into the red; says festive season off to a good start

It reported a pre-tax loss of £28.7 million for the six months ended Sept 29, compared with a profit of £25.8 million a year earlier

Inflation and economic uncertainty has hurt consumers’ appetite for more expensive items like the brand’s US$170 classic leather lace-up boots.
Companies & Markets

Struggling boot brand Dr Martens to cut costs, invest in marketing

CEO Kenny Wilson expects an improvement in the US business in the second half of the year

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