Ugg demand drives record quarter at Deckers
Footwear group Deckers Brands has reported a 50% jump in fourth quarter sales to $561.2 million, driven by demand for Ugg and Hoka One One.
CEO Dave Powers said: "Fiscal 2021 was an exceptional year for Deckers, led by global growth of the Hoka brand, and demand for Ugg products.
"The health of our brands, strength of our omni-channel organisation, and our digitally focused long-term strategies provided the foundation for success over the past year, accelerating our growth trajectory. We are excited for the year ahead as we invest in the long-term evolution of Deckers to drive sustainable growth."
For fiscal 2021, Ugg sales grew 12.9% to $1.7 billion, Hoka sales jumped 62% to $571.2 million, Teva sales increased 0.6% to $138.8 million while Sanuk’s sales fell 18% to 41.8 million.
