France's Limousin region is best known for its well-fed cows, pungent cheeses and fine porcelain. But it is also home to a network of luxury craftsmen, from glove- to shoe-makers, now looking to export their skills.
Deckers Outdoor Corp reported third-quarter sales way below analysts' estimates as higher raw material costs forced the shoe maker to raise prices on its UGG sheepskin boots, putting off potential customers.
After opening a subsidiary in China this past March, the Italian shoemaker annouces a retail agreement with RI Qing, a specialist in this field. The brand is planning on opening 400 stores in the next five years.