Welcome to our dedicated page for Deckers Outdoor news (Ticker: DECK), a resource for investors and traders seeking the latest updates and insights on Deckers Outdoor stock.
Deckers Outdoor Corporation reports developments across its Deckers Brands portfolio of footwear, apparel and accessories, led by UGG, HOKA and Teva. News commonly covers UGG lifestyle collections and cultural campaigns, HOKA performance running launches such as trail and race-day footwear, and Teva outdoor sandals and adventure-oriented collections.
Company updates also include quarterly financial results, fiscal outlook commentary, and marketplace trends across wholesale partners, company-operated retail stores and direct-to-consumer e-commerce in more than 50 countries and territories.
Deckers Brands (NYSE: DECK) appoints Anne Spangenberg as President of Fashion Lifestyle, effective July 11, 2022. Spangenberg, formerly Global VP of Merchandising at Nike, will lead brands like UGG and Koolaburra. CEO Dave Powers expressed optimism about her impact on brand growth and customer experience. Spangenberg aims to drive product diversification and franchise evolution, leveraging strong consumer demand and loyalty for UGG. The company continues focusing on global brand positioning while navigating market challenges.
The performance running brand HOKA, a division of Deckers Brands (NYSE: DECK), has launched a new global campaign titled FLY HUMAN FLY. This initiative aims to inspire runners of all abilities to experience the joy of running. The campaign includes digital activations, out-of-home advertising, and the introduction of the new Mach 5 running shoe, which balances speed and comfort. HOKA is also partnering with Achilles International to support athletes with disabilities. The campaign will enhance brand recognition and showcase HOKA’s commitment to inclusivity and performance.
Deckers Brands (NYSE: DECK) announced the promotion of Angela Ogbechie to Chief Supply Chain Officer, effective June 24, 2022. She has been with Deckers since 2008, most recently serving as SVP, Global Operations & Supply Chain Strategy. This promotion comes as David Lafitte steps down as COO to pursue another opportunity. Ogbechie's role will oversee global supply chain operations, reporting directly to CEO Dave Powers. Powers emphasized the importance of the supply chain in driving the company’s success in fiscal 2022.
Sanuk, a brand under Deckers, has unveiled the sixth collection in its collaboration with the Grateful Dead on June 9, 2022. This new line includes men's and women's footwear made from natural, repurposed, and recycled materials, featuring recognizable band logos. The collection introduces four stylish options with sustainable materials like hemp and recycled polyester, priced between $50 and $70. The launch emphasizes a retro aesthetic and comfort, aiming to resonate with fans of all ages.
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Deckers Brands (NYSE: DECK) announced that Wendy Yang will step down as President of Performance Lifestyle after seven years, effective end of May 2022. Stefano Caroti, President of Omni-Channel, will take over on an interim basis while a search for a permanent replacement is conducted. Yang will remain in a consulting capacity until August 15, 2022. Under Yang's leadership, HOKA achieved nearly $900 million in global revenue last fiscal year, showing significant growth and brand adoption.
Deckers Brands (NYSE: DECK) reported a record revenue of $3.150 billion for FY 2022, reflecting a 24% increase from FY 2021, and 48% from FY 2020. Earnings per share rose 21% to $16.26. For FY 2023, the company guides revenue growth between 10-11% and EPS between $17.40-$18.25. The fourth quarter saw a 31.2% increase in net sales, led by a 59.7% surge in HOKA® brand sales. However, gross margin fell to 51.0% from 54.0%.
Sanuk, a division of Deckers Brands (NYSE: DECK), announced a new all-gender footwear collection in collaboration with the Pacific Pride Foundation. Launched on May 10, 2022, this collection includes slip-on and sandal styles, showcasing colorful artwork by artist Maggie Johnson. The initiative celebrates inclusivity and donates $10,000 to the foundation, with an additional $3 per pair sold contributing to LGBTQ+ programs. Retail prices range from $45 to $65.
Deckers Brands (NYSE: DECK) announced a conference call scheduled for May 19, 2022, at 4:30 pm Eastern Time to review its fourth quarter and full fiscal year 2022 results. The call will be accessible via ir.deckers.com and available for at least 30 days after the event. Deckers Brands, known for brands like UGG®, HOKA®, and Teva®, operates in over 50 countries, focusing on innovative footwear, apparel, and accessories.
HOKA, a division of Deckers Brands (NYSE: DECK), announces a collaboration with Boston streetwear boutique Bodega, launching a limited-edition capsule collection. This collection features the Kaha Low GTX trail hiker and ORA Recovery Slide, showcasing a blend of outdoor performance and urban design. Both items are available in a unique Martini Olive colorway, with prices set at $225 and $60, respectively. The collection was inspired by the New England seasons, emphasizing versatility for both urban and outdoor use. It will be available starting March 25, 2022, at Bodega and HOKA websites.