The Drum's Daily Briefing: Dr Martens needs revitalization and Superdry seeks salvation
Briefly

from The Drum2 weeks ago
Shares in Dr Martens dropped 30% after warning of tough trading in the US, expecting a double-digit decline in wholesale revenue by 2025.
The Drumhttps://www.thedrum.com/news/2024/04/16/the-drum-s-daily-briefing-dr-martens-needs-revitalization-and-superdry-seeks
Incoming Dr Martens CEO Ije Nwokorie, known for DTC growth at Apple, faces the challenge of reigniting demand in the US market.
The Drumhttps://www.thedrum.com/news/2024/04/16/the-drum-s-daily-briefing-dr-martens-needs-revitalization-and-superdry-seeks
Superdry, facing possible administration, delists from the stock market and seeks rent reductions on UK stores amidst financial difficulties.
The Drumhttps://www.thedrum.com/news/2024/04/16/the-drum-s-daily-briefing-dr-martens-needs-revitalization-and-superdry-seeks
Read at The Drum
#dr-martens #us-market #superdry #fashion-industry #business-restructuring
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