Dr. Martens shares plunge 30% to record low after profit warning and CEO exit
Shares in Dr. Martens fell 31% at one point to 66p in morning trading - a new 52-week low - as the iconic British footwear brand issued a profit warning.
The Camden Town-headquartered company said US wholesale revenue 'is anticipated to be double-digit down year-on-year,' adding 'the decline in wholesale has a significant impact on profitability, with a base assumption being in the region of...