Overpriced Ugg sinks Deckers’ results
Deckers Outdoor Corporation, the U.S.-based marketer of Teva, Ugg, Sanuk and other brands, did not experience a successful third quarter. Net sales were slashed from $414.4 million last year to $376.4 million in the latest period, ended Sept. 30, while the gross margin went down from 49.0 percent to 42.3 ...
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