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Dip for Ugg but Deckers CEO remains confident

05/08/2015
Dip for Ugg but Deckers CEO remains confident

Footwear group Deckers has reported sales in the first quarter rose 7% despite its largest brand, Ugg, being hit by currency pressure leading to lower tourist traffic. Sales at Ugg fell 7% to $114.5 million, although sales at outdoor brand Teva (pictured) rose 6% to $41.9 million. Sanuk sales fell 7% to $33.5 million but there was a $9.8 million ...

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