The heat and US logistics cost Dr. Martens -25% in the stock market

The heat and US logistics cost Dr. Martens -25% in the stock market

“Wollaston, we have a problem.” Or rather two: the heat and US logistics. The message for Dr. Martens comes from Los Angeles, where the British company’s new distribution centre is not functioning as expected. Operational problems, combined with the unusually mild winter, forced Dr. Martens to cut its profit forecast for the second time in…

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