Deckers’ revenue exceeds $2 billion
28/05/2019
This came despite a 1.6% decline in net sales in the final quarter of the year.
Full-year sales for the Ugg brand were more than €1.5 billion, up 1.7% year-on-year. As a result, the group’s flagship brand continues to be responsible for more than 75% of its overall revenue.
Running shoe brand Hoka One One, which in recent years has experienced impressive growth, performed strongly once again, bringing in revenue of $223.1 million, up 45.4% compared to the previous year.
With regards to Deckers’ other brands, Teva saw its sales increase 2.9% to $137.4 million, but the Sanuk brand’s revenue fell 9.1% to $82.6 million.
Domestic sales for the whole group were just under €1.3 billion, up 8.9% year-on-year. International sales increased by 1.8% to $742.1 million.
Share this story:
