Dr.Martens posted a small rise in revenues for the fourth quarter as operational issues in its US warehouse continued to impact earnings. The boot Dr Martens said that for the period total revenue grew just six per cent as it spent time resolving bottleneck issues at its headquarters in LA , which impacted its American wholesale channel from December.
UK bootwear maker Dr Martens on Friday lowered profit guidance for the second time in four months due to higher costs at its Los Angeles distribution centre and lower wholesale revenues.
LONDON BRIEFING: Dr Martens to miss guidance; Hays sees record fees lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.