<ul data-eligibleForWebStory="true"><li>Dr. Martens, a well-known British footwear brand famous for its black leather combat boots, has seen its profits plummet by over 90 percent this year.</li><li>The company's pre-tax profits dropped from £93 million to just £8.8 million, with a significant decline in the UK market.</li><li>While sales have been growing in the United States, concerns remain due to uncertainty surrounding tariffs.</li><li>Dr. Martens attributes the UK struggles to a 'challenging market' but remains optimistic about future profits.</li><li>The brand is cautious about potential tariff impacts and plans to monitor the situation closely.</li><li>Despite projections of increased profits, the sharp decline raises concerns about the brand's future stability.</li></ul>

Dr. Martens Loses 90% of Profits

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