
The company's net sales for the quarter increased 14.8% to $1.078 billion compared to $938.7 million for the same period last year, powered by positive performance by its Ugg and Hoka One One brands.
19 published items with the word (s) or phrase Sanuk in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
The company's net sales for the quarter increased 14.8% to $1.078 billion compared to $938.7 million for the same period last year, powered by positive performance by its Ugg and Hoka One One brands.
Deckers Brands, the US-based owner of Ugg and other labels, reported 2.3 per cent sales growth to $282.2 million in its first quarter ended on June 30, compared to sales of $276.8 million in the same period last year.
Deckers Brands reported on Thursday a sales increase of 4% in the second quarter, coupled with improved margins, prompting the American footwear retailer to lift its full-year guidance.
Deckers shareholders voted to keep the company's Board intact, defeating activist investor Marcato whose Board nominees wanted to make changes to the company that included selling off its Hoka, Teva and Sanuk brands.
The California-based footwear company, which owns brands such as Uggs and Teva, saw net sales fall 2.4% to $369.5 million in its 4th quarter but surprised investors with higher revenues and an unexpected profit.
Deckers Outdoor Corp said on Tuesday it was exploring strategic alternatives, including a sale of the company, a month after an activist investor urged the apparel and accessories maker to sell itself.
Deckers President and CEO Dave Powers is encouraged by the company's first quarter despite sales decreases company wide and for all brands. The company stated its expectations for fiscal 2017.
Deckers Brands recently announced the appointment of Andrea O’Donnell as president of fashion lifestyle, effective from April 25, 2016. “We are pleased to welcome Andrea to the Deckers family.
For its fiscal year ending on March 31, 2015, American footwear specialist Deckers, which is repositioning several brands’ product ranges, has reported sales up 14.5% at 1.81 billion dollars.
The American company is getting rid of CEO positions for its local subsidiaries. In each market, sales and marketing teams will report directly to the European management of each brand.