Chunky bootmaker Dr. Martens is warning of a tough year ahead.
The London-based company’s footwear became a symbol of youthful rebellion in the 1960s and has remained popular with a string of subcultures, from punk to goth since. But the business got tripped up with overexpansion and brand mismanagement in recent years.
Shares in Dr. Martens PLC, known as Doc Martens, plunged Tuesday…