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Shares of shoe companies look a little skittish after Reebok (ADDYY.PK) settles with the FTC for...
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Wednesday, September 28, 2011, 10:50 AM ETShares of shoe companies look a little skittish after Reebok (ADDYY.PK) settles with the FTC for $25M over deceptive claims certain brands of its shoes led to muscle toning. Though the settlement amount is small to a multi-billion dollar industry, the sector could now face pressure to back up claims "toning" shoes aren't gimmicks. Decliners: SKX -2.2%, SHOO -2.4%, CROX -3.1%.
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