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Deckers investor increases pressure on board

30/06/2017
Deckers investor increases pressure on board

One of the key investors in Deckers Brands has warned that it will consider bringing in a new management team if the footwear group fails to sell itself for a suitable price. Marcato Capital Management, which owns 6% of the company, said at least six other shareholders have called for the Deckers board to pursue a sale. In November 2016, it sent...

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