All Deckers articles
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ArticleShoe industry marked by IPOs and takeovers in Q4
The footwear industry witnessed further extraordinary finance transactions during the fourth quarter as companies continue to take advantage of the abundant liquidity injected into the financial system by central banks worldwide to shore up the economy after the Covid-19 outbreak last year. Allbirds, the loss-making California-based producer of Wool Runner ...
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ArticleDeckers Brands posts Q1 sales growth, raises FY outlook
In the first quarter ended June 30, Deckers Brands reported a revenue increase of 78.2 percent to $504.7 million, leading to net earnings of $51.5 million against a loss of $6.9 million for the same period of last year. The company has raised its outlook and now expects net earnings ...
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ArticleStocks of footwear firms benefit from the re-opening of the economy in Q2
In the second quarter, stocks of footwear companies were generally higher as they benefited from the reopening of the economy, following the easing of Covid-19 restrictions, and a subsequent rebound in the consumption of clothing and shoes. Large U.S. footwear companies, which had already posted strong gains in the first ...
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News briefs
Sanuk releases all-gender collection
Sanuk has collaborated with the Pacific Pride Foundation , an LGBTQ+ community center in the California county of Santa Barbara, on an “all gender” footwear collection. The Deckers -owned brand has refashioned its women’s Yoga Sling 2 sandal into the all gender Sling ST , a vegan sandal ...
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ArticleStocks of footwear companies fell by 16.3% in 2020
Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.
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News briefsDeckers Brands highlights CSR goals and achievements
Deckers Brands has released its Creating Change FY20 Corporate Responsibility and Sustainability Report , in which the group highlights its achievements toward its sustainable development goals during the reporting year from Apr. 1, 2019 to March 31, 2020. Deckers owns a portfolio of footwear, apparel and accessories brands for ...
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News briefs
Ugg sponsors art exhibition in L.A.
Ugg is sponsoring the opening weekend of the Hammer Museum’s “Made in L.A. 2020,” an exhibition organized in partnership with The Huntington, the combination library, museum and botanical gardens in the Los Angeles suburb of San Marino. This fifth edition of the biennial will run from autumn through the end ...
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ArticleHoka’s momentum saves Deckers’ quarter
Despite headwinds from Covid-19, and a 10 percent decline for Ugg , robust sales at Hoka One One helped Deckers Brands grow in its first fiscal quarter ended on June 30. They progressed by 2.3 percent from the same period last year to $283.2 million, or by 2.8 ...
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News briefs
Deckers appoints Victor Luis to its board
Deckers Brands has appointed Victor Luis to its board of directors to replace James Quinn , who has yielded the seat he gained in 2011. Luis was chief executive and a board member of the former Coach from 2014 to 2019, during its transition to a new ...
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Article
Ugg’s decline offset by Hoka One One and Teva at Deckers
Despite headwinds from Covid-19, and a nearly 18 percent decline for Ugg, robust sales at Hoka One One and Teva helped limit the damage for Deckers Brands’s revenues in its fourth fiscal quarter.
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News briefs
Deckers sues Steve Madden over Fuzz sandals
Deckers Brands – the parent company of Ugg , Sanuk , Teva , Hoka One One and Koolaburra – filed a lawsuit in a California federal court against Steven Madden for allegedly acting in “bad faith” to manufacture and sell its own alleged imitation of Ugg’s ...
