But first, the athletic gear company must work through high inventory and bring its cost structure into line with the lower sales it should now expect. Analysts led by Michael Zuccaro think the brand still has global relevance and strength in its direct-to-consumer channel.
"As expected, (retail) sales have accelerated in the second half of the year, though economic signals remain mixed and consumers are still facing headwinds such as weak income growth," Moody's analyst Michael Zuccaro wrote on Wednesday.
Date: Oct 16, 2014
Category: Business
Source: Google
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Michael Zuccaro
Michael Zuccaro
Michael Zuccaro
Michael Zuccaro
Michael Zuccaro
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Easy going , fun person to be with.
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