Technical Analysis on CROCS Inc. and Skechers U.S.A. Inc. -- Innovation and Expansion Crucial for Growth of Footwear and Accessories Companies

Fri Nov 2, 2012 8:12am EDT

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  NEW YORK, NY, Nov 02 (Marketwire) -- 
According to the National Retail Federation, retail sales in September
expanded a seasonally adjusted 0.4 percent over August and an impressive
unadjusted 2.1 percent year-over-year. This could be good news for the
footwear and accessories industry, within which CROCS Inc. and Skechers
U.S.A. Inc. operate, as it offers a promising outlook for the all
important holiday season. has initiated technical analysis on
CROCS Inc. (NASDAQ: CROX) and Skechers U.S.A. Inc. (NYSE: SKX) which
serves the Textile - Apparel Footwear & Accessories industry. These
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    Recent quarterly reports from the industry indicate that, while sluggish
discretionary spending continues to afflict certain markets, globally
there is demand for the right products. Companies which are focusing on
brand and product innovation, while not losing sight of the importance of
expanding their global footprint, particularly in Asia, seem to be faring
best in the current environment. Despite China's recent economic
slowdown, many companies have reported strong sales in the area during
the most recent quarter. Investors looking for technical analysis on
Skechers U.S.A. Inc. are encouraged to use the link below 

    Rising input costs could pose a challenge moving forward. Many industry
players manufacture their products in developing countries where labor
costs are marching upward. Furthermore, commodity, fuel and energy costs
have been volatile in recent month and could damage profits moving
forward. Conversely, Crocs held the responsibility for its upcoming woes
on Europe and Japan, rather than quoting cost and pricing problems. Read
our technical analysis on CROCS Inc. by clicking on 

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