Deckers' Teva Opens New Retail Outlet

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football boots nike cheap nike cheap nike shoes Deckers' Teva Opens New Retail Outlet By Zacks Equity Research October 4, 2013 12:40 PM Content preferences Done There is good news for footwear lovers. nike Teva – a brand of Deckers Outdoor Corp. nike shoes outlet wholesalers ( DECK ) – will unveil its first retail store in Orlando, Fla. Nike Store this week. Nike Sneakers The outlet will be situated at the Orlando Premium Outlets, Vineland Avenue. Nike Air Max The new Teva store will offer consumers a complete range of footwear for travel and everyday purposes. nike factory store shoes It will include sandals, trail shoes, sneakers, water shoes and boots. Teva is dedicated to the outdoor lifestyle and the outlet will stand to reflect the same. آ* Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. The company markets its products through the UGG, Teva and Other brands. The challenging macroeconomic environment has made Deckers resort to various means to reposition itself and keep afloat. Such measures include focusing on new product introductions, effective cost management and new store openings. Deckers is also expanding its footprint by targeting profitable markets. This is well evident from the company’s retail store sales that rose 29.1%, propelled by the opening of 36 new stores during the second quarter of 2013. Management is eyeing opportunities for store expansion in Asia, mainly Japan and China, and seeks to enhance the company’s presence in South Korea, Taiwan, Mongolia, Singapore and Australia. Deckers’ efforts have been well reflected in the better-than-expected second-quarter 2013 bottom-line results. The company posted a quarterly loss of 85 cents per share that fared better than the Zacks Consensus Estimate as well as management’s guidance due to lower operational expenses. Currently, Deckers carries a Zacks Rank #2 (Buy). Other retail stocks worth considering include Brown Shoe Co. Inc. ( BWS ), Skechers USA Inc. ( SKX ) and Nike, Inc. ( NKE ). While Brown Shoe and Skechers carry a Zacks Rank #1 (Strong Buy), Nike has a Zacks Rank #2. Read the Full Research Report on NKE Read the Full Research Report on SKX Read the Full Research Report on DECK Read the Full Research Report on BWS Zacks Investment Research Consumer Discretionary Personal Investing Ideas & Strategies Nike Air Max Nike Factory Outlet