Dr Martens sales dip in ‘volatile’ quarter
Dr Martens has reported a decline in sales due to “volatile” trading during the third quarter but has held firm on profit guidance for the year ahead.
The footwear brand posted a 21% drop in revenue for the three months to December 31, 2023, to £267.1m.
Revenue across its ecommerce, DTC and wholesale channels were down 9%, 5% and 49% respectively during the period.
Already have an account? Sign in here