Slower growth for Deckers in second quarter
29/10/2018
Sales from the Ugg brand, which make up more than 75% of Deckers’ total revenue, were $396.3 million, 1% lower year on year.
Running shoe brand Hoka One One, which has been the group’s star performer in recent years, continued its growth, recording a 28.4% increase in sales to $52.1 million.
There was mixed news from the group’s other brands, with Teva brand sales up 0.6% to $21.5 million, and Sanuk brand sales down 9.4% to $12.8 million.
The majority of Deckers’ revenue came from the US market, where sales increased 2.9% to $311.6 million. Its international sales were up 5.9% year on year to $190.3 million.
Share this story:
