Dr Martens makes ‘good progress’ on turnaround as third quarter sales rise

Dr Martens said it made “good progress” on its turnaround efforts as third quarter trading was “as expected”.
The footwear retailer reported a 3% rise in group sales on a constant currency basis to £267m in the 13 weeks to 29 December, up from £260m.
Its direct-to-consumer (DTC) channel edged up 1%, which it said was a result of a 2% rise in ecommerce helping to offset the 1% dip in retail revenue.
Wholesale revenue jumped 9%, performing in line with expectati