Sometimes weather has an unpredictable effect on companies. Earlier this week, Deckers, the US-based owner of Ugg Australia, manufacturer of the Ugg boot – those smooshy sheepskin things that became a giant trend (sales are about $800 million according to Accessories magazine) – launched a lawsuit in California against Emu Australia, makers of smooshy sheepskin boots, alleging trademark infringement.
Vanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.
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