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The gladiator sandals are fading away but the Roman inspiration is back in a new shape thanks to Givenchy. These buckled wingtips are both aggressive and sexy (no small challenge for a man's shoe). Thanks to Amanda at IS MENTAL for the heads up.
Crocs Inc (CROX.O: Quote, Profile, Research, Stock Buzz) posted a deep quarterly loss on Wednesday as sales of its colorful plastic shoes plunged and it racked up high restructuring costs, sending its shares down 37 percent in extended trade.
...In addition to crumbling U.S. consumer spending, news that Crocs can get caught in escalators and cause injuries has also hurt the company, together with the plethora of knock-off shoes in the marketplace, and a recent European Union ruling that a Crocs patent is invalid.
Premium denim apparel vendor True Religion Apparel Inc.’s 75.6 percent leap in third-quarter profits blew past analysts’ estimates and prompted an increase in its full-year guidance.
For the quarter ended Sept. 30, the jeans and sportswear marketer reported net income of $15.4 million, or 64 cents a diluted share, compared with $8.8 million, or 37 cents a share, in the same year-ago period. Net sales were up 63.9 percent to $79.4 million, from $48.4 million. Analysts polled by Yahoo expected earning per share of 47 cents on sales of $65.8 million.