plummeted on Tuesday after the bootmaker unveiled a major profit warning and the upcoming departure of its chief executive.The iconic shoe brand, known for its association with youth subcultures like mods and punks, said its pre-tax profits could slump by about two-thirds this financial year.It blamed the bleak outlook on falling wholesale revenues in the US, which are forecast to drop by double-digit percentage levels, and the anticipation that it will not raise prices to offset cost inflation.
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