Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Dr Martens shares plummet after US woes spark new profit warning
Evening Standard
|November 30, 2023
DR MARTENS shares crashed today as it today issued its fourth profit warning since joining the stock market in 2021 becoming the latest UK retailer to find the American retail market tough going.
It blamed an "increasingly difficult consumer environment" in the USA where the iconic boots and shoes have failed to catch the public's imagination.
The shares plummeted 25p, 21%, to 90p, which leaves the business valued at £865 million. The stock floated at 370p and soon soared to 450p on the hope that the distinctive, if expensive, boots would be a worldwide hit. The company was then worth £4 billion.
Today it said profits for the half year to September are down 55% to £26 million, though it managed to hold the dividend at 1.56p.
Sales fell 5% to £395 million.
Chief executive Kenny Wilson claimed the business is making "good progress with our strategic priorities".
Esta historia es de la edición November 30, 2023 de Evening Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Evening Standard
The London Standard
Enter the Tardis of fun and chaos
Some years ago in a small town near Tours, France, I went with old pals to the only bar open on a Sunday evening.
1 mins
November 27, 2025
The London Standard
HOW LABRINTH ESCAPED HIMSELF
Winning an Emmy for Euphoria and working with Beyoncé has seen the star take America by storm, but he's also faced darkness — and now recorded the best music of his career.
5 mins
November 27, 2025
The London Standard
It's joking aside for George Clooney while Jeremy Corbyn and Jean Campbell get wickedly sinful
Some A-listers aren't on social media to protect their privacy or their mental health.
1 min
November 27, 2025
The London Standard
Model Jourdan Dunn loves a candlelit date at the Dover and checks in for pure luxury at the Peninsula
Home is... West London, always has been and always will be.
2 mins
November 27, 2025
The London Standard
A day in the life Therabody founder Jason Wersland
The inventor kickstarts his day with a beach run, loves red light therapy and believes in meditating his way to success
3 mins
November 27, 2025
The London Standard
At the table Fancy a five-hour queue for a pizza the action?
Only you know whether pizza is worth queuing five hours for, whether it is worth sleepless nights sitting in the torpid blue light of a smartphone screen searching in vain for a reservation that will never materialise. This is how it is with the Marlborough.
3 mins
November 27, 2025
The London Standard
THEATRE'S MOST TALENTED STARS IN THE SPOTLIGHT FOR OUR AWARDS
Cate Blanchett, Tom Hiddleston and Rachel Zegler are shortlisted as the Standard's celebration of the stage returns.
5 mins
November 27, 2025
The London Standard
Question over Odegaard’s return after Eze’s statement derby show
The Arsenal captain faces a fight to get back in the side after summer signing dazzles.
2 mins
November 27, 2025
The London Standard
A London family home for under £500k?
YES, INDEED THESE FIVE POSTCODES OFFER WHOLE HOUSES AND ATTRACTIVE LOCAL AMENITIES
4 mins
November 27, 2025
The London Standard
Angry, intolerant, divided and priced-out: why I fear the Zoomers
To understand the man, you have to know what was happening in the world when he was 20
3 mins
November 27, 2025
Translate
Change font size