At constant currency, this result was down 18% to £273.8 million (US$348.51 million). For the year to date, group revenue was down 12% to £662.9 million (US$844.36 million) with a constant currency result down 10% to £681.9 million (US$868.56 million).

Revenue for the e-commerce channel declined by 9% in the period (8% on a constant currency basis). The brand noted that this was driven by a double-digit decline in the Americas, while EMEA had minor growth and APAC was slightly down.

Retail revenue, meanwhile, was flat on a reported basis and up by 3% on a constant currency basis. This was supported by double-digit growth in APAC, with a particularly strong result in Japan, and growth in EMEA, while the U.S. declined.

Wholesale revenue dropped by 49% year-on-year (46% constant currency) with significant declines in both the Americas and EMEA.

Dr Martens opened 13 new stores across EMEA and APAC during the quarter, with a total of 235 own brand stores globally at the end of the period.

Looking forward, the company’s expectation of a high single-digit percentage year-on-year revenue decline on a constant currency basis remains unchanged from its first half update.

CEO Kenny Wilson said: “Trading in the quarter was volatile and we saw a softer December in line with trends across the industry. Whilst the consumer environment remains challenging, we are taking action to continue to grow our iconic brand and invest in our business. We remain confident in our product pipeline for AW24 and beyond.”