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BUSINESS LIVE: Dr Martens US sales slump; Nightcap abandons Revolution Bars bid; Auto Trader profits soar

FY24 Results | Company Announcement

Dr Martens targets £25m savings as profits plummet

The British footwear brand blamed weak demand and a fall in boot sales in the US for the disappointing results. However, the company said the reaction to its new shoe repair service in the UK has been "very encouraging".

Dr Martens profits plummet as US consumers turn their backs on bootmaker

Dr Martens profits plummet as US consumers turn their backs on bootmaker
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