Hoka One One still the star performer for Deckers

29/07/2019
Footwear group Deckers banked revenue of $276.8 million in the first quarter of its financial year (ended June 30), an increase of 10.5% compared to the same period of last year.

The Ugg brand, which is responsible for around half of the group’s overall revenue, achieved net sales of $138.5 million, 1.5% higher year-on-year.

Running shoe brand Hoka One One, which over recent years has been the star performer of the Deckers portfolio, performed strongly again, bringing in revenue of $79.5 million. This represents growth of 69.2% compared to the first quarter of last year.

The performance of the group’s other brands was less impressive, with Teva brand sales down 4.3% and Sanuk brand sales decreasing by 23.5%.