Dr Martens has issued its fourth profit warning this year as a tough consumer environment in the US continues to affect sales of its sturdy boots.
The Northamptonshire-based footwear brand said sales fell 5 percent to £396 million ($499 million) in the six months to 30 September and pre-tax profits dived 55 percent to £26 million ($32 million). While this was better than City analysts had expected, the company said the outlook for the…