Dr Martens Reports 90% Drop in Annual Profits Amid Market Challenges
Footwear brand Dr Martens has reported a sharp downturn in profits, with pre-tax earnings falling by more than 90% over the past year. The company posted profits of £8.8 million for the year ending March, a significant drop from the £93 million it recorded the previous year. The Northamptonshire-based brand, known for its distinctive yellow-stitched…