Rumored Ugg Sale Unlikely

The brand can’t be properly valued until after the fourth quarter at the earliest, said analysts.

By FN Staff

business/news

Market rumors suggesting the Ugg Australia brand could be in play are unfounded, analysts told Footwear News Tuesday after shares of its parent, Deckers Outdoor Corp., closed 3 percent higher at $36.27.

Rumored Ugg Sale Unlikely

The brand can’t be properly valued until after the fourth quarter at the earliest, said analysts.

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