SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 21, 2010 09:17 ET

Professional Research on CROCS and Nike - Footwear Reports Strong Back to School Sales

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 21, 2010) - gives shareholders valuable insight on textile - apparel footwear & accessories stocks CROCS Inc. (NASDAQ: CROX) and Nike Inc. (NYSE: NKE). Sign up today at to receive free research reports on these equities.

Footwear retailers were among the biggest gainers during a strong back to school sales season. According to one survey, the average family spent about $600 on clothes, shoes and school supplies for children in grades K-12. That number rose to about $615 for university students. Back to school sales totaled a little over $55 billion this season. is a specialized website where investors can have specific access to free reports textile - apparel footwear & accessories industry; traders looking for analyst opinions on CROCS Inc., Nike Inc. and other companies in this industry are welcomed to sign up for a free one year membership at

Specifically, everyday and athletic footwear were the top performers during the back to school season. Athletic footwear giants capitalized on above average sales for fall sports. Outdoor and hiking footwear were down slightly since last year. The drop in outdoor footwear sales is attributed to a trend amongst consumers to cut back unnecessary expenses. Youth and school sports are credited for strong sales of athletic footwear. Looking at the Footwear industry as a whole, two of the top performers in 2010 have undoubtedly been CROCS Inc. and Nike Inc. with Crocs going as far as been one of the best retail performers this year. Traders can get direct and free access to today's full reports on CROCS Inc. and Nike Inc. by signing up at or

Above average fall earnings could sustain footwear retailers until the highly anticipated 2010 holiday season. Retailers are optimistic that increased fall spending will translate to increased holiday spending as well. Visit us at to understand the catalysts and forces driving or affecting the textile - apparel footwear & accessories industry in today's economic environment.

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