All Teva articles
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News briefs
Teva celebrates 40th anniversary with ‘Where to Next?’ campaign
Born in the Grand Canyon in 1984 by a resourceful river guide looking for a way to prevent sandals from floating downstream, the US outdoor footwear brand Teva introduced the world to the first sport sandal. To celebrate this major milestone, the brand, a division of Deckers Brands, has introduced ...
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ArticleDeckers announces CEO change as record-breaking streak continues
After another record-breaking quarter, Deckers has announced that Dave Powers will retire as president and chief executive officer on Aug. 1 and will be replaced by the current chief commercial officer, Stefano Caroti. Powers retires after 13 years at the helm, during which Deckers grew explosively, although he will continue ...
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ArticleDeckers raises full-year guidance again, plans to divest Sanuk
Bolstered by sales contribution from its Ugg brand and continued momentum in its Hoka business, Deckers Brands generated a 76 percent increase in second-quarter operating income to $224.6 million on nearly 25 percent total net sales growth to $1.09 billion for the three months ended Sept. 30. Net income was ...
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ArticleHoka paces Deckers in Q1, company lifts FY guidance
Deckers Brands, intent on growing both its direct-to-consumer and international businesses in the months ahead, generated a 42 percent increase in net income to $63.6 million in the first quarter ended June 30 versus $44.8 million a year earlier. Operating income was 26 percent higher year-over-year at $70.7 million. ...
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ArticleDeckers sees big potential for Hoka brand
Deckers Brands believes its Hoka brand, already wildly successful, has plenty of upsides ahead as a head-to-toe brand serving running, trail and hiking consumers worldwide like rivals Salomon and VF Corp.’s North Face, and less like running-centric Brooks. “We are re-looking at our category approach,” proclaimed Dave Powers, president ...
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Article
Hoka hits new heights, aims for more
Deckers Brands is working to further enhance Hoka’s escalating sales trajectory and increase its brand awareness with a new “Fly Human, Fly” global marketing campaign, additional expansion outside the U.S. and a broader product reach that will tap into the trail, hike, walking, and lifestyle segments desired by key age ...
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News briefsWendy Yang steps down from Deckers Brands’ performance lifestyle division
Deckers Brands has announced that Wendy Yang will step down from her role as president of performance lifestyle at the end of the month after seven years of leading the Hoka and Teva brands. Stefano Caroti, president of omnichannel and a 30-year industry veteran, will assume Yang’s duties on an ...
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ArticleUGG and Hoka grow but higher costs hit Deckers’ margins
UGG and Hoka One One drove Deckers Brands’ growth in the third quarter ended Dec. 31, but higher transport costs and supply chain bottlenecks impacted negatively on the company’s margins. The company noted that the most significant impact of supply chain disruptions are extended transit lead times and cost pressures ...
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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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News briefsTeva’s summer capsule is designed by Christian Cowan
The Deckers brand Teva has released a two-item limited-edition summer capsule collection designed by Christian Cowan . The Hurricane Gladiator has straps of Repreve -recycled plastic and Unifi polyester yarn and come in a favorite color of Cowan’s, fluorescent pink. The silver and pink Hurricane XLT2 ...
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News briefs
Teva collaborates with Polaroid
For the summer Teva is releasing a limited edition of sandals in collaboration with Polaroid . The Teva x Polaroid collection comprises both established Teva silhouettes made with recycled materials and a custom refurbished Polaroid 600 camera. There are two sandal models: the Original Universal Polaroid , ...
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ArticleTeva works to divert products from landfills with new sandal recycling initiative
U.S. company Teva , founded in 1984 and part of Deckers Brands , has partnered with international recycling company TerraCycle to launch the TevaForever program to give worn-out Teva sandals a new life. The recycling program underscores Teva’s commitment to reducing its environmental impact and keeping waste out ...
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News briefsTeva releases second Anna Sui collection
Teva is releasing for the spring of 2021 a second limited-edition shoe collection designed by Anna Sui . The collection’s two models both feature a Liberty Fabrics print, titled “Botanist’s Diary,” on the theme of press flowers from English gardens. The Flatform Universal Anna ($150) is a ...
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News briefs
Teva collaborates with Chrishabana
Teva ’s spring/summer 2021 collection will include a footwear line designed in collaboration with Chrishabana , a jeweler in New York City. Called Heavy Metals , the line comprises four revisions – with barbell piercings and pearls – of Teva’s Universal Sandals and is to celebrate trans people and ...
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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.
