Deckers Brands news and archive

Deckers Brands appoints Robin Green as president of Hoka

Deckers Brands , the parent company of Teva, Ugg and Deckers, has appointed Robin Green as president of Hoka, effective immediately. In her new role Green will be reporting directly to Dave Powers, CEO and president of Deckers Brands and serving the executive leadership team. Green brings with her a proven track record of overseeing global...

BusinessFeatured

Hoka and UGG drive Deckers Brands Q4 and full year sales

Net sales for the fourth quarter increased 49.7 percent to 561.2 million dollars at Deckers Brands, while on a constant currency basis, net sales increased 47.9 percent. Fourth quarter diluted earnings per share rose to 1.18 dollars compared to 57 cents for the same period last year. “Fiscal 2021 was an exceptional year for Deckers, led by...

Fashion

Teva launches recycling program with TerraCycle

Footwear brand Teva has announced a new recycling program that allows customers to mail in their used sandals, diverting them from landfills. The TevaForever program partners with TerraCycle, a US-based recycling company, to recycle pre-owned sandals at no cost to the customer, allowing the sandals to be turned into something new, reducing...

Business

Deckers Brands Q3 sales improve 14.8 percent, earnings up 26 percent

Deckers Brands third quarter revenue increased 14.8 percent to 1.078 billion dollars and earnings per share increased 26 percent to a 8.99 dollars. On a constant currency basis, the company’s net sales increased 13.8 percent. Gross margin was 57 percent compared to 54.1 percent for the same period last year. “Our record third quarter performance...

Business

Deckers Brands appoints Maha Ibrahim to its board of directors

Deckers Brands has announced the appointment of Maha S. Ibrahim to its board of directors, effective February 1, 2021. “We are very pleased to welcome Maha to the Deckers Board,” said Mike Devine, Chairman of the board, adding, “She brings valuable skills and perspectives to our team, including experience identifying trends and driving growth in...

Business

Deckers Brands posts 15 percent sales increase in Q2

For the second quarter, net sales at Deckers Brands increased 15 percent to 623.5 million dollars compared to the same period last year, while on a constant currency basis, net sales increased 14.1 percent. The company said in a statement that gross margin was 51.2 percent compared to 50.4 percent for the same period last year, while diluted...

BusinessFeatured

Hoka One One boosts Deckers Brands' Q3 sales and earnings

Deckers Brands’ third quarter net sales increased 7.4 percent to 938.7 million dollars, while on a constant currency basis, net sales increased 8.4 percent. The company said in a statement that gross margin was 54.1 percent compared to 53.8 percent for the same period last year and diluted earnings per share were 7.14 dollars compared to the...

BusinessFeatured

Deckers Brands’ Q2 net sales improve 8 percent

Deckers Brands’ net sales increased 8 percent to 542.2 million dollars in the second quarter, while on a constant currency basis, net sales increased 9.5 percent. The company said, gross margin was 50.4 percent compared to 50.2 percent for the same period last year and diluted earnings per share were 2.71 dollars compared to the GAAP diluted...

BusinessFeatured

Hoka One One helps Deckers Brands cross 2 billion dollars revenue mark

In its financial results statement for the fourth fiscal quarter and fiscal year ended March 31, 2019, Deckers Brands said, fourth quarter net sales decreased 1.6 percent or 1.4 percent on constant currency to 394.1 million dollars, while full year net sales increased 6.2 percent to 2.020 billion dollars and on a constant currency basis, net...

People

Deckers Brands promotes Steve Fasching to Chief Financial Officer

Deckers Brands has appointed Steve Fasching to Chief Financial Officer effective July 16, 2018. The company said, Fasching previously served as the company's senior vice president, corporate strategy, planning & investor relations. He succeeds Tom George, who will transition concurrent with Fasching's appointment. “After a thorough executive...

People

Deckers Brands appoints two new members to its board of directors

Cindy L. Davis and Brian A. Spaly have been appointed to Deckers Brands’ board of directors, the company announced in a statement. Deckers Brands’ portfolio includes Ugg, Koolaburra, Hoka One One, Teva and Sanuk. Davis was vice president at Nike Inc. between 2008 and 2014, and US general manager at Nike Golf from 2005 to 2008. She helped turning...

People

Deckers appoints William McComb to its board of directors

Deckers Brands has announced the appointment of William L. McComb to its board of birectors. The company said, McComb brings expertise in building strong brands and leveraging omni-channel consumer engagement strategies. Coinciding with this appointment, Deckers also announced that John G. Perenchio has resigned from the board. “We are very...