Dr Martens faces potential foreign takeover

Dr Martens is being circled by various major fashion companies, raising the possibility of foreign ownership.
The British bootmaker has faced challenges since its listing on the London Stock Exchange.
Last week the retailer raised its fifth profit warning in three years and said its CEO Kenny Wilson would be stepping down from his role as the business flagged a “challenging” year ahead.
Amid much fanfare, Dr Martens floated in January 2021 with a valuation of £3.7bn, but since