Dr Martens' new boss hails 'progress' on turnaround plans as losses ease

The firm went some way to stemming the losses in the three months to December 29, including the pre-Christmas trading period

The company, whose yellow-stitched boots have been a retro mainstay for decades, has been in the doldrums in recent years, with declining revenues exacerbated by the cost-of-living crisis.

Dr Martens saw a partial recovery in sales over the Christmas period, with the footwear brand saying it is making progress in turning around its US business.

The company, whose yellow-stitched boots have been a retro mainstay for decades, has been in the doldrums in recent years, with declining revenues exacerbated by the cost-of-living crisis.