Upbeat Earnings Views Boost Deckers, Skechers

By | December 5, 2013

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A volatile week for retail and apparel stocks launched the shoemakers group into the top 20 industries. The nine-stock group stormed to a No. 14 ranking among IBD’s 197 industries, up from No. 90 near the start of November. The group index was flat so far for the week, as Deckers Outdoor (DECK) and Skechers (SKX) punched to new highs, while fashion footwear maker Steven Madden (SHOO) fell as much as 7% through Thursday. Deckers led, climbing more Scalper1 News

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