"The economy isn't that benevolent, but footwear accepts comprised relatively outperforming," Poser said in an interview. "It's a relatively inexpensive way to update your wardrobe. ... When you walk down Fifth Avenue or SoHo [ white supra skytops in New York], with the exception of high-end designer clothing stores, you are going 'Boring, got it.' When you walk by shoe stores, you are going 'I want it but don't have it.'
From fries making fashion statements with sneakers to charwomen wearing platform pumps, poseur said there's a lot of manner and red supra skytops
innovation in shoe styles and assortment--factors that cause contributed to the category taking an acceleratory deal from shoppers' budgets. For instance, the athletic sector bears been bolstered up by introductions of lightweight running horseshoes such when Nike Inc.'s (NKE) Free and LunarGlide lines, Poser pointed outHe pointed to second-quarter same-store sales at Foot Locker Inc. (FL) or Journeys parent Genesco Inc. (GCO) rising at least 10% each, while teen-clothing retailer Aeropostale Inc f 14%.a lot of of the footwear companies bear addressed the new world, which began in 2008 by becoming more focused, implementing new systems and process and becoming more nimble," the analyst said
While Poser's overall view on the sector is positive, he sees different opportunities and favors the stocks that are more exposed in malls than in strip malls and other locations. Being able to roll out products consistently in styles that consumers want is also key.
"The footwear in the malls is more compelling for the most part," he said, adding that mall anchors including Macy's Inc. (M) and Nordstrom Inc.
supra skytops white counterpaHe keeps a buy rating on stocks including plastic clog-shoe maker Crocs Inc. (CROX), Foot Locker, Nike, Finish Line Inc. (FINL), Steve Madden Ltd. (SHOO), Ugg shoe parent Deckers Outdoor Corp. (DECK), Under Armour In"Nike, Reebok et al. more established in the running business enterprise abused upward their games as well at the apparent expense from K-Swiss," Poser observed. On Columbia Sportswear, the analyst thinks the ship's company is focalisation too a good deal on duty the technical aspect of its offerings, not paying additional attention to the fact that consumers want to grease one's palms something that makes the
No comments:
Post a Comment