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Investors cool to Deckers: Shoemaker’s shares stumble on lower Ugg prices

By   /   Friday, September 28th, 2012  /   Comments Off on Investors cool to Deckers: Shoemaker’s shares stumble on lower Ugg prices

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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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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr