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Athletic Footwear Sells Off Amid Signs Of Weakening Fundamentals

2014-12-21 17:46:02| Footwear - Topix.net

A slew of footwear retailers were falling Friday after an analyst said athletic shoe sales promotions are running riot in the nation's shopping malls. Following four years that were relatively free from sales promotions, athletic footwear has seen "rising discounts at retail" among certain key styles, according to Bank of America's Robert F. Ohmes .

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