Clothing & ShoesNews
Dr Martens to cut £25m in costs as full-year profits plummet
During the year, ecommerce revenue was down 1% to £276.3m, wholesale revenue was down 28.3% to £344.0m while retail revenue grew 6.2% to £256.8m
Dr Martens is targeting £25m in cost savings after its pre-tax profits plummeted 43% to £97m in the 12 months ended March, following weak demand in the US market.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
