Ugg boot sales drop as market falls to fleeces9151094

A SLUMP in overseas sales on the classic Australian ugg boot has triggered a collapse in international sheepskin costs and left farmers having a pittance for their as soon as highly prized hides. American footwear giant Deckers, the predominant organization in 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 financial woes.uggs boots

Sales on the company's Ugg brand boots slowed markedly inside the three months to March this year, spurring a fall in sheepskin prices by up to 70 per cent and signalling a modify in fortunes for the international juggernaut, which sold greater than $US1.2 billion worth of Ugg shoes final year. An boost in Australian lambs for the slaughter after years of drought has also helped push prices down, he mentioned. Hailed variously as a wardrobe must-have and also a hideous fashion faux pas, ugg boots unleashed international sales pandemonium eight years ago right after becoming embraced by celebrities including US talk show host Oprah Winfrey, who famously bought 350 pairs for her employees.uggs

As shops ran dry in the peak in the craze, bidding to get a pair on online auction internet sites topped $US500, and also the trend soon spawned designer collaborations and, additional recently, novelty designs which include a wedding range. They are stocked in places like Le Bon Marche, the very best division store in Paris, sitting there subsequent to Christian Louboutin and Chanel, she stated. On the other hand, a drop in tourist numbers has also prompted a slide in domestic sales, stated a spokeswoman for the Queensland manufacturer Ugg Australian Produced, which operates in the Rocks.cheap ugg boots