Seeking Alpha

Deckers Outdoor lower after OTR Global warning

  • Shares of Deckers Outdoor (DECK -6.1%) crumble after OTR Global warns on sales trends for the company's Ugg brand.
  • A couple of eagle-eyed retail analysts note the company is now using a sheepskin substitute called UGGpure for some of its boots.
  • The ploy could help margins, but also risks denting the brand's reputation.
Comments (3)
  • Bill Maurer
    , contributor
    Comments (4632) | Send Message
     
    So, how about those analyst upgrades last week.

     

    Eagle-eyed retail analysts? Did they miss the past 2 or 3 conference calls where management discussed Pure in depth?
    7 Oct 2013, 12:53 PM Reply Like
  • phemale60
    , contributor
    Comments (2783) | Send Message
     
    I mean REALLY!! Actually I was hoping for a good dip to buy more. Guess I got my wish!!

     

    Who the heck is OTR Global anyway?!
    7 Oct 2013, 03:22 PM Reply Like
  • WCS99
    , contributor
    Comment (1) | Send Message
     
    As an Ugg retailer i can tell you I have plenty to sell...no buyers!
    8 Oct 2013, 04:05 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|