Biggest question on the call; how significant is ugg pure from a cost benefit?
Angel Martinez: The savings are very signifcant and not only that but it allows us to make better product.
Ugg pure integration now 10%, going to grow from here.
The significance of UGG Pure was sort stated at the Piper JAffrey conference two months ago by Thomas George, CFO, saying the company is looking ahead a few years out to double digit profit margins.
See Steve Cohen....one doesn;t need to cheat, one just has to do their homework and wait patiently.
Did the same thing with Under Armour 3 years ago.