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China’s Stock Market Tumble Hurts U.S Markets & Footwear Stocks

2015-07-28 16:23:57 Many footwear-company stocks are down in midday trading today as China’s Shanghai Composite market suffered an 8.5 percent slide — the largest one-day drop since 2007.
Nike Inc., Wolverine World Wide, DSW Inc., Deckers Brands and Skechers USA Inc. are among the shoe companies with declining share prices this afternoon, in tandem with the global economic slump. Wolverine dropped 2.4 percent.