Bootmaker Dr Martens posts drop in quarterly revenue after weak December

(Reuters) - British bootmaker Dr Martens posted a drop in its third-quarter revenue on Thursday, as it continued to grapple with weak wholesale demand for its pricey boots.

The company, which makes the popular clunky 1460 boots with yellow stitching commonly known as "DMs", posted a 21% drop in revenue to 267.1 million pounds ($339.86 million).

"Trading in the quarter was volatile and we saw a softer December in line with trends across the industry," the company said in a statement.

($1 = 0.7859 pounds)

(Reporting by Eva Mathews in Bengaluru; Editing by Janane Venkatraman)