Deckers names new president for group that includes Ugg
Goleta-based Deckers Brands has hired a former Nike executive to take over the business unit that includes Ugg, its top footwear brand. Anne Spangenberg will take over on July 11 as president of Fashion Lifestyle brands at Deckers. Fashion Lifestyle includes both Ugg and Koolaburra, a line of boots and shoes similar to Ugg but Read More →
Deckers shares leap 13% after report of record revenue and earnings beat
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Hoka, Ugg drive Deckers to record-high revenue
Goleta-based Deckers Brands saw revenue increase more than 10% in the third quarter of its 2021-22 fiscal year, beating analysts’ expectations in both revenue and net income with its Feb. 3 earnings release. Deckers’ revenue hit $1.18 billion for the quarter ended Dec. 31, its largest figure ever for a single quarter, CEO David Powers Read More →
Running shoe sales propel Deckers to profitable quarter
Goleta-based Deckers Brands started its 2021-22 fiscal year strong, reporting huge increases in earnings and revenue in quarterly results released after the markets closed July 29. The parent company of Ugg, Teva and other footwear brands delivered earnings of $48.1 million in the most recent quarter, or $1.71 per share, much better than the same Read More →
Deckers reports earnings growth, record revenue
Deckers Brands, a footwear company based in Goleta, reported increases in sales and earnings in the most recent fiscal quarter, on the strength of major sales growth by its Teva and Hoka One One brands. Its earnings report for the second quarter of 2020-21, released Oct. 29, showed revenue up 15% from the same quarter Read More →
Deckers beats expectations with rising sales, shrinking losses in second quarter
Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →
Popularity of shoe brands boosts profits for Deckers Brands
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