Investors cool to Deckers: Shoemaker’s shares stumble on lower Ugg prices
IN THIS ARTICLE
- Banking & Finance Topic
- Marlize van Romburgh Author
By Marlize van Romburgh Friday, September 28th, 2012
Investors who just a year ago were cozying up to Ugg boot parent Deckers Outdoor Corp. sent the company’s shares stumbling this month after one analyst warned of faltering sales of the luxury shoes. Sterne Agee analyst Sam Poser told the Business Times that retail and wholsesale discounts of Ugg — Deckers’ signature sheepskin boot…
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