Some industries grow and profit despite the recession; others don’t
January 7, 2009The really dismal year is showing up on the bottom line of many public companies.
But some businesses are growing revenue and earning profits, despite the recession. These industries are more insulated from the downturn or even benefiting from consumers clinging to their wallets, such as discount stores.
Others, for whatever reason, are simply bucking downward trends in their own industries.
Reviewing the stocks of several public companies in the
Take Goleta-based Deckers, maker of ugg boots, which keeps opening stores, including a location last year at the Camarillo Premium Outlets. While a majority of retailers are struggling, Deckers revenue keeps growing. The company boosted its outlook for full-year revenue growth after a record third quarter.
Its a performance that begs comment, which Chief Executive Angel Martinez provided with the release of the companys earnings.
We continue to see robust full price selling for our uggboots brand throughout our retail account base, which is particularly rewarding given the difficult macroeconomic environment, and further underscores the strength of the brand,
The companys other brands also are selling well.
While retail is taking a hit, industries hurting the most are in natural resources, housing and financials, according to Joe Magyer, senior analyst for the Motley Fool.
The Famous Australian Eddy ‘The Sheepskin Man’ launches his NEW website UGG Boot Central - For Authentic Australian UGG Boots
Eddy is up there with Steve Erving and Paul Hogan when it comes to being an Aussie icon for sheepskin ugg boots.
Eddy’s family has been in the sheepskin industry since the early 1940’s.
He runs a family owned and operated Australian company who has been manufacturing authentic Australian UGG Boots for the last 15 years. Eddy has just come online with a new UGG Boot website that offers the genuine article – Australian made UGG boots.
Eddy is as Aussie as the boomerang, kangaroo, and cockatoo. And, so are his hand crafted UGG boots!
For more than 200 years Australians have proudly worn authentic Australian UGG boots. Designed for comfort and warmth, these high quality boots have remained popular throughout
While a number of competitors around the world have tried to mimic the style of genuine Australian UGG boots and are now manufacturing them in countries such as
UGG Boot Central offers discerning consumers around the world the opportunity to purchase genuine Australian UGG boots, factory direct. Free express International shipping is offered to expedite orders. In addition, customers will also receive a free boot cleaning kit with every order to ensure that their UGG boots will stay in tip top shape for many years to come valued at USD$36.
A wide variety of UGG boots will be offered through UGG Boot Central, including the ever popular, UGG Classic Short and Classic Tall boots.
Genuine authentic Australian uggs are constructed of Merino sheepskin with an inner lining of warm and cozy wool. The tanned outer surface ensures both comfort as well as warmth on even the coolest days. The sheepskin draws moisture away from the feet, allowing air to circulate inside the boot and ensuring that feet stay warm and dry. ugg boot are ideal for both rural as well as wet conditions as they are naturally water resistant.
