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17 hours ago · Marked by a year of turmoil – including a CEO resignation, weak performance in the U.S. and pressures from an activist investor – Dr. Martens ended fiscal 2024 determined to return to growth ...
9 hours ago · Shares in Dr Martens jumped 6% to 88.9 pence in early trade. Giles Wilson, who took over as CFO earlier this month, said the company is targeting cost savings of 20 million-25 million pounds ($25. ...
17 hours ago · Dr Martens shares were up more than 4% in London trade this morning. Weak wholesale demand in the US drove profit before tax down 42.9% to £97.2m for the year to March 31, just above an average ...
17 hours ago · Dr Martens was founded in Northamptonshire in 1960 and made its London stock market debut in January 2021. Its share price has fallen around 80% since its listing on the FTSE 250 index.
17 hours ago · Thursday May 30 2024, 11.16am, The Times. Dr Martens is to slash costs by up to £25 million after a weak set of full-year results and poor current trading laid bare the woes facing the shoemaker. Profit before tax tumbled 42.9 per cent to £97.2 million in the 12 months to the end of March, down from £170.1 million the year before.
17 hours ago · Dr Martens – which went public three years ago in a £3.5bn float – is also in the slow process of bidding farewell to chief Kenny Wilson. The Aberdonian will step down after six years next ...
17 hours ago · Dr Martens has announced a swathe of cost-cutting plans, after the bootmaker’s bottom line was hit by plummeting demand in the US last year. The London-listed firm hopes to save up to £25m in ...
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