UGG could become target for private equity buyers
26/11/2012
Footwear brand UGG has been touted as a potential target for private equity firms after the maker of sheepskin boots was given the cheapest valuation of any US footwear and accessories maker larger than $1 billion by Bloomberg. Warmer weather and higher sheepskin costs have lowered profits for its owner, Deckers Outdoor, which bought the brand in ...