Ugg boot sales drop as market place falls to fleeces2848672

A SLUMP in overseas sales in the classic Australian ugg boot has triggered a collapse in worldwide sheepskin costs and left farmers using a pittance for their when very prized hides. American footwear giant Deckers, the predominant corporation within the international ugg boot marketplace, has reported a sharp fall in sales growth for the shoes, prompted by a mild northern winter and Europe's economic woes.cheap uggs

Sales of the company's Ugg brand boots slowed markedly inside the 3 months to March this year, spurring a fall in sheepskin costs by as much as 70 per cent and signalling a adjust in fortunes for the worldwide juggernaut, which sold a lot more than $US1.2 billion worth of Ugg shoes last year. An boost in Australian lambs to the slaughter right after years of drought has also assisted push prices down, he mentioned. Hailed variously as a wardrobe must-have plus a hideous fashion faux pas, ugg boots unleashed international sales pandemonium eight years ago just after becoming embraced by celebrities like US speak show host Oprah Winfrey, who famously purchased 350 pairs for her staff.uggs boots

As shops ran dry at the peak of the craze, bidding for a pair on on the web auction internet sites topped $US500, along with the trend soon spawned designer collaborations and, more lately, novelty styles for instance a wedding range. They are stocked in locations like Le Bon Marche, the best department retailer in Paris, sitting there next to Christian Louboutin and Chanel, she mentioned. On the other hand, a drop in tourist numbers has also prompted a slide in domestic sales, said a spokeswoman for the Queensland manufacturer Ugg Australian Made, which operates in the Rocks.uggs