Teva news and archive

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 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...

FashionPress Release

Teva Looks Towards a Sustainable Future As of 2020, 100% of Teva’s Iconic Straps are Made Using Recycled Plastic

(GOLETA, Calif.) February 19, 2020 - Teva®, a division of Deckers Brands (NYSE: DECK), announces the launch of its sustainability initiative and “Strap In To Freedom” campaign today. As of 2020, Teva uses recycled plastic in 100% of its iconic straps. This represents an important step in Teva’s commitment to build a more sustainable future and...

Fashion

Opening Ceremony collaborates on new shoes with Tevas

The spirit of Opening Ceremony lives on. After announcing the closing of all of its stores earlier this year, the fashion label continues to inject its brand into new pieces. Most recently, Opening Ceremony has teamed up with footwear company Teva to create a limited-edition collection. According to an announcement from Teva, the new collection...

Fashion

Teva pledges use of recycled plastic in sandal straps

Teva is working to keep plastic out of landfills. Going forward, 100 percent of the polyester straps used in Teva footwear will be made from recycled materials. The footwear brand has launched a new sustainable initiative to reduce its impact on the environment. "We are committed to improving our practices and creating product with higher social...

Fashion

Claudia Li partners with Teva for NYFW

While fashion week has always been a place for designers to reveal their latest creations, it’s also a time for purveyors in all areas of the industry to determine the next set of trends to rise to the surface. Last year, shoes inspired by the hiking and camp culture appeared on runways everywhere, and based on Claudia Li’s most recent show, the...

Fashion

Teva launches collaboration with Publish Brand

Footwear brand Teva has launched an apparel collection and custom sandal with streetwear brand, Publish Brand for spring 2019. The collaboration features a men’s limited-edition Original Universal Premier sandal, tee and jogger combining casual and contemporary with traces of military prep, with the aim of merging Teva’s outdoor roots with...

People

Deckers appoints Wendy Yang as Teva Brand President

Deckers Brands has appointed Wendy Yang as Teva Brand President, effective May 1, 2015. In this role, Yang will design and lead Teva's global brand strategy and report directly to Dave Powers, President of Deckers Brands. Commenting on her role, Powers, said, “Her extensive product development and brand building experience will be instrumental...