Deckers makes acquisition
06/05/2008
Deckers has announced the acquisition of casual footwear company Tsubo for about $6 million in cash.
The company said it does not expect the acquisition to affect its profit outlook for the year. Deckers expects profit to rise 27% in 2008.
Tsubo, which makes boots, sandals and heels, reported sales of about $10 million in 2007.
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