Dr Martens has not ruled out job cuts after revealing plans to slash up to £25m worth of costs to help counter weak US sales.
The British footwear brand said its latest cost-cutting programme would aim to save £20m to £25m by streamlining its operations and securing better supply contracts. Bosses will also increase “organisational efficiency”, signalling that the company may consider job cuts across its 3,600-strong global workforce.
