Shoe industry
Article Abstract:
There are signs that the shoe industry may be recovering its bottom line in 1998, although inventories in the US and overseas remain high and sales promotion activities have not yet taken effect. American footwear makers are still expanding their brands overseas despite the Asian financial crisis, and this may auger well after the year 2000. These stocks are unappealing in 1998 and are best suited for long-term, risk-taking investors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Shoe industry
Article Abstract:
Large inventories and slowdown in demand have created problems for the revenue and profit margins of the American athletic show industry in 1998, and this is not forecast to improve. US multinational shoe companies are having problems financially abroad as well as at home due, to US import regulations and the Asian economic crisis. Investors should probably avoid these stocks in 1998 due to their volatility and other factors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Shoe industry
Article Abstract:
The makers of athletic footwear have begun facing tough economic times in 1997 with a volatile shoe market that is driven by fashion trends and other factors. The Asian and other international markets have also become more important to the industry for its future growth, as well as worldwide sports marketing. These stocks have three- to five-year appeal for investors, but are untimely and volatile for 1997 and 1998.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic: