Dip for Ugg but Deckers CEO remains confident - sportstextiles: Lea SportsTextiles

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Dip for Ugg but Deckers CEO remains confident

03/08/2015
Footwear group Deckers has reported sales in the first quarter rose 7% despite its largest brand, Ugg, being hit by currency pressure leading to lower tourist traffic.

Sales at Ugg fell 7% to $114.5 million, although sales at outdoor brand Teva rose 6% to $41.9 million.

Sanuk sales fell 7% to $33.5 million but there was a $9.8 million increase at Hoka One One.

Despite the mixed results, the group is confident, forecasting fiscal 2016 constant currency revenues to be $2.01 billion, reflecting a 10.5% increase over the previous year. 

CEO Angel Martinez said: “Our efforts to diversify our product lines, distribution channels and global revenue streams are creating a stronger foundation to support sustainable growth."

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Slight fall in sales at Deckers 28/10/2016
Sales down 18.4% at Deckers 01/08/2016
Deckers records increased sales, names new CEO 27/05/2016
Deckers names president of fashion lifestyle 22/04/2016
Job losses on cards as Deckers closes stores and restructures brands 05/02/2016
Nike and Puma veteran heads to Deckers 03/11/2015
Deckers enters ‘new phase’ as main brands falter in second quarter 02/11/2015
Diversifying UGG offering drives record sales at Deckers 29/05/2015
New Deckers president tasked with aligning brands 20/03/2015
Record Q3 sales for Deckers 02/02/2015
Software expert strengthens Deckers board 19/12/2014
‘Innovation’ drives 24% sales rise at Deckers 27/10/2014
Deckers taps Google for board appointment 19/09/2014
Deckers awarded for energy efficiency 14/08/2014
New structure for Teva 08/07/2014
Hires to build on 30% e-commerce growth at Deckers 11/04/2014
Deckers reports record revenues for 2013 04/03/2014
Deckers Outdoor expects long-term growth 29/10/2013

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