Uncool Britannia: What is going wrong at Dr Martens, Burberry and Mulberry? May 30, 2024 Thursday proved to be another challenging day for British heritage brands, with Dr Martens revealing a plummet in annual profits largely due to dwindling demand from US shoppers.
Dr Martens: Profit dives as boot maker continues to feel the pain from lagging US market May 30, 2024 Iconic British boot maker has reported another set of poor results.
Dr Martens set for plunge in profit as US business stumbles May 26, 2024 Bootmaker Dr Martens is expected to post tumbling profit and revenue amid weakness in the US, its biggest market.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Dr Martens names new chief executive amid sales slump in the US April 16, 2024 Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker.
Dr Martens sues Temu over use of trademark on Google search April 14, 2024 Dr Martens filed the legal action against Temu filed at the High Court last week over alleged trademark infringements.
Dr Martens urged to undergo strategic review or sell business April 3, 2024 https://www.cityam.com/dr-martens-valued-at-more-than-3-7bn-in-london-ipo/
Dr Martens given a kicking but maintains downgraded guidance January 25, 2024 Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US.
Dr Martens share price plummets 26 per cent after another slump in sales November 30, 2023 Another slump in sales has turned all eyes to Dr Martens today as the London-based bootmaker reported a 5 per cent dip in revenue, despite investors hoping for signs of turnaround. Dr Martens saw a revenue decline to £395.8m in the six months to September 30 as it continued to battle weakness in its US [...]
Fresh kicks: Fund manger builds stake in ailing Dr Martens July 30, 2023 An activist fund manager has reportedly been building a stake in struggling bootmaker Dr Martens. Sparta Capital has bought stock worth “tens of millions of pounds” in the London-listed footwear brand, according to reports by Sky News. It is said that Sparta is also engaging in talks with the board to help the brand as [...]