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.
HOKA ONE ONE®, a division of Deckers Brands (NYSE: DECK), has launched the Carbon X 2, a lightweight running shoe designed for speed and efficiency. To celebrate this launch, HOKA will host the Project Carbon X 2 on January 23, featuring 100K world record attempts by elite athletes in the U.S. and Japan. The shoe incorporates a carbon fiber plate and innovative design features for optimal performance, retailing at $180. The current men's and women's 100K world records are 6:09:14 and 6:33:11, respectively.
UGG®, a division of Deckers Brands (NYSE: DECK), has launched its first flagship store in New York City at 530 Fifth Avenue, covering 12,842 square feet. The store aims to showcase UGG's evolution into a lifestyle brand, featuring exclusive items and experiences. To celebrate the opening, UGG initiated the holiday FEEL LOVE. campaign, honoring local heroes and donating $10,000 to charities chosen by them. The store will also offer promotions for community heroes and a social media giveaway, emphasizing community connection during the holiday season.
On November 12, 2020, Sanuk, part of Deckers Brands (NYSE: DECK), launched its second SustainaSole collection, featuring footwear made from 55% recycled materials. The new styles, vegan and priced at $65, include the men's Skuner and women's Donna slip-ons. This initiative continues Sanuk's commitment to sustainability, including undyed uppers that save over 200,000 gallons of water and reduce greenhouse gases. The partnership with BLUMAKA ensures foam waste is repurposed, further minimizing environmental impact. Sanuk emphasizes durability, encouraging consumers to extend the life of their eco-friendly products.
Deckers Brands (NYSE: DECK) released its Creating Change FY20 Corporate Responsibility and Sustainability Report on October 30, 2020, detailing its environmental and social progress from April 1, 2019, to March 31, 2020. The report outlines goals for sustainability, including commitments to gender equality, responsible sourcing of materials, and carbon footprint reduction. Notable achievements include 97% of hides sourced from certified tanneries and a commitment to a zero-waste distribution center by 2023. Additionally, the company pledged over $1 million for COVID-19 relief.
UGG, a division of Deckers Brands (NYSE: DECK), announces the launch of the UGG® Candy Collection in collaboration with The Hershey Company and Foot Locker, featuring three children's footwear styles inspired by Hershey's Kisses, Reese's, and Twizzlers. Available from October 31, the collection includes the Classic Short, Neumel, and infants' Bixbee, designed with vibrant colors and cozy materials. Each style integrates UGGplush™ for comfort and features a Treadlite by UGG™ outsole. The launch aims to attract young consumers during the Halloween season.
Deckers Brands (NYSE: DECK) reported second-quarter fiscal 2021 revenue of $623.5 million, up 15.0% year-over-year, with earnings per share increasing by 32.2% to $3.58. Notable brand performance included HOKA ONE ONE® with an 83.2% increase in sales. The company maintained a strong balance sheet with $626.4 million in cash and equivalents. Despite the robust results, full-year guidance was withheld due to ongoing COVID-19 uncertainties. The company also faces operational challenges related to supply chain capacity and potential retail store closures.
Deckers Brands (NYSE:DECK) is set to hold a conference call on October 29, 2020, at 4:30 pm Eastern Time to discuss its second quarter fiscal 2021 results. The call will be accessible on the company's investor relations website for at least 30 days post-event. As a leader in innovative footwear and apparel, Deckers showcases brands like UGG®, HOKA ONE ONE®, and Teva®. The company operates in over 50 countries, selling products through various retail avenues including online platforms.
On October 15, 2020, UGG®, a division of Deckers Brands (NYSE: DECK), launched the FEEL GOOD. site in celebration of World Values Day. This initiative underscores UGG's commitment to sustainability through three pillars: Environment, Community, and Innovation. The site highlights UGG's partnership with the Savory Institute and its alignment with the Paris Agreement on carbon reduction. UGG aims to increase the use of sustainable materials by 35% by 2027 and has pledged to empower women through initiatives like HERproject, aiming to train 100,000 women globally by 2027.
Deckers Brands (NYSE: DECK) announces the launch of the TenNine Hike GTX hiking boot, designed to enhance the hiking experience with innovative features. Utilizing HOKA's unique HUBBLE® Geometry and a lightweight design, the boot aims to provide a smoother ride with improved impact absorption. Pre-sales begin today, with a full launch on November 1, 2020. Environmentally conscious, the boot incorporates recycled materials, contributing to sustainability efforts. HOKA emphasizes performance, stability, and traction, promising a superior product for hiking enthusiasts.
Southern California's UGG®, part of Deckers Brands (NYSE: DECK), has launched the UGG® UNIVERSAL collection in collaboration with Zappos.com. This inclusive footwear line features adaptive versions of the Classic Short and Neumel styles, designed to cater to individuals with disabilities. The collection includes sizes 5-18 for adults and sizes 10-6 for children, retailing between $130 and $170. Exclusive to Zappos.com until 2022, the initiative reflects UGG's commitment to inclusivity and accessibility in fashion.