A series of issues came together to create bottlenecks at company’s US warehouse
The symbolic moment when bootmaker Dr Martens reached £1 billion in revenue for the first time was marred by what its boss had to admit were “mistakes” in the US.
The business said on Thursday that it had managed to only just squeak into the billion-pound league with a margin of about £300,000 as revenue rose 10 per cent. But profits fell, significantly, down 26 per cent to £159.4 million before tax, the business said. ...
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