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Dr. Martens profits fall by over 90%

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Dr. Martens, a footwear company based in the United Kingdom, reported a more than 90% drop in profits during the year that ended in March.

Pre-tax profits fell to roughly $11.9 million from around $126 million in the same time period a year earlier.

However, Dr. Martens officials are still expecting profits to rise "significantly" during its current fiscal year.

Read more from BBC News.

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