Dr Martens faces make-or-break Christmas as UK sales plunge 21%
FROM THE WIRE · RETAILGAZETTE.CO.UK
Dr Martens is banking on a strong Christmas trading period to revive its fortunes after UK sales plunged by more than a fifth and half-year losses widened. It reported a 9.2 per cent drop in revenue at constant currency to £290.4m for the six months to 27 September, as an…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA sharp fall in UK sales and wider half-year losses weigh on the company's outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01UK sales fell more than a fifth amid an exceptionally hot summer.
- 02Revenue dropped 9.2% at constant currency to £290.4m for the six months to 27 September.
- 03Dr Martens is relying on a strong Christmas trading period and half-year losses widened.