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Deckers Outdoor's UGG Brand Is 'Under-Penetrated'

2015-04-03 13:33:36| Footwear - Topix.net

Deckers Outdoor Corp 's market for its renowned UGG boots is under-penetrated worldwide and the brand has "years of solid growth ahead," an analyst said Thursday. Deckers, which gets the lion's share of its sales from the brand, is down about 20 percent since it missed expectations and cut its outlook in late January.

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