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 (Deckers Brands, NYSE: DECK) generates a steady stream of news tied to its portfolio of lifestyle and performance footwear brands, including UGG, HOKA, Teva, Koolaburra, and AHNU. This news page aggregates coverage of the company’s official announcements, giving readers a single place to review brand updates, corporate developments, and financial disclosures.
Investors and followers of DECK can find earnings press releases that detail quarterly net sales, brand-level performance for HOKA and UGG, channel trends across wholesale and direct-to-consumer, and geographic results for domestic and international markets. These releases often include management commentary on strategy and outlook, as well as information on capital allocation activities such as share repurchases.
Beyond financial results, Deckers issues frequent brand-focused news. UGG announcements highlight global campaigns and seasonal storytelling around its lifestyle footwear and apparel. Teva news covers new collections under its “For Playground Earth” platform and collaborations that draw on archival designs. HOKA releases focus on performance footwear launches and global brand campaigns that emphasize community and the joy of movement.
Corporate governance and board-related updates, such as director nominations and board transitions, are also communicated through company news. For anyone tracking DECK stock, this page offers a convenient way to review how Deckers presents its strategy, brand evolution, and financial performance over time. Bookmark this feed to access the latest official press releases and historical announcements related to Deckers Brands.
On September 9, 2020, UGG®, a brand under Deckers Brands (NYSE: DECK), announced its sponsorship of the Hammer Museum's Made in L.A. 2020 exhibition. This exhibition showcases 30 emerging Los Angeles-based artists and runs through the end of 2020. UGG highlights the work of artists Fulton Leroy Washington (MR. WASH) and Sonya Sombreuil through powerful films that celebrate personal stories and creativity. UGG is launching limited-edition T-shirts featuring their designs, with sales supporting the Equal Justice Initiative.
HOKA ONE ONE®, part of Deckers Brands (NYSE: DECK), has signed a new four-year sponsorship agreement with the Northern Arizona (NAZ) Elite running team, effective January 1, 2021. This deal aims to enhance athlete support and club infrastructure, including health insurance for athletes, which is rare in distance running partnerships. The collaboration, ongoing since 2015, has already yielded notable successes, including Aliphine Tuliamuk's victory in the 2020 Olympic Marathon Trials. The agreement spans two Olympic cycles, reinforcing HOKA's commitment to fostering talent in competitive distance running.
Goleta, Calif., Sept. 1, 2020 /PRNewswire/ -- Sanuk, a division of Deckers Brands (NYSE: DECK), launched an exclusive capsule collection with KASSIA+SURF, featuring eco-friendly sandals and sneakers. Available from September 1, the collection combines sustainable materials like hemp and recycled plastics with vibrant designs. Offered at $45, the collection includes two popular styles, the Pair O Dice and Yoga Sling 3, catering to environmentally-conscious consumers. Both brands emphasize sustainability and aim to inspire mindful consumer choices.
Deckers Brands (NYSE: DECK) reported a 2.3% increase in net sales for Q1 FY2021, reaching $283.2 million, with a gross margin of 50.3%. The firm saw significant growth in HOKA ONE ONE® brand, up 37.1% to $109.0 million. However, UGG® and Teva® brands experienced declines of 10.0% and 7.9%, respectively. DTC net sales surged 74.2% while wholesale declined by 27.1%. Despite a liquidity position exceeding $1.1 billion, the company refrained from providing full-year guidance due to COVID-19 uncertainties.
Teva, a division of Deckers Brands (NYSE: DECK), has launched an eco-friendly collaboration with Cotopaxi, featuring a limited-edition collection aimed at adventure enthusiasts. The collection utilizes remnant and recycled materials, including the Original Universal sandal and Teca Half-Zip Windbreaker. Priced at $70 and $90 respectively, the products are designed for durability and environmental sustainability. Additionally, Teva and Cotopaxi will donate $40,000 to the Cotopaxi Foundation to support youth leadership initiatives.
Deckers Brands (NYSE: DECK) announced the appointment of Victor Luis to its Board of Directors, effective June 26, 2020. Previously the CEO of Tapestry, Inc., Luis brings significant experience in transforming luxury brands. He replaces James Quinn, who has served on the board since 2011. Luis expressed excitement about joining Deckers and aims to support management in executing global strategies for continued success. Deckers, known for brands like UGG and HOKA ONE ONE, emphasizes innovation in footwear and apparel.