Dr Martens hits £1bn sales milestone but profits tumble

// Dr Martens profits tumble despite hitting £1bn sales milestone
// The footwear retailer’s pre-tax profits dropped 26% to £159.4m in the year to 31 March 2023Dr Martens sales hit £1bn for the first time, however, profits plummeted due to “operational mistakes” in the US market.
Pre-tax profits for the footwear retailer plunged 26% to £159.4m in the year to 31 March 2023, dragged down by a £3.9m impairment charge and a £10.7m currency e