Deckers reports increase in sales
The record performance was driven by the UGG and HOKA ONE ONE brands.
US-based Deckers has announced a sales growth of just under 15 per cent for the third fiscal quarter up to December 31st 2020, with net sales being boosted to $1.078 billion compared to $938.7 million for the same period in 2019.
“Our record third-quarter performance was propelled by demand across the UGG brand’s diversified product offering and the continued global expansion of the HOKA ONE ONE brand,” stated Dave Powers, president and chief executive. “The performance of our brands was primarily driven by our robust e-commerce engine and the resilience displayed by our teams to overcome significant operational and macro challenges related to the pandemic. With our strong portfolio of brands, stable operating model, and powerful balance sheet, Deckers is well positioned for continued success,” he added.
This article was originally published on page 4 of the March 2021 issue of SATRA Bulletin.