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In the latest-reported period -- its fiscal 2025's first quarter (ended June 30) -- Deckers Outdoor's revenue climbed by 22%, led by an even stronger 30% increase from the Hoka brand.
In 2010, Deckers acquired MOZO Shoes, a brand that produced footwear for the culinary industry. The following year, Deckers acquired Sanuk shoes for $120 million, which it later divested to Canadian sportswear company Lolë. [7] [8] In 2013, Deckers acquired Hoka One One. [9] In 2015, Deckers acquired Koolaburra and positioned it under its UGG ...
In perhaps one of the best-ever acquisitions in the footwear and apparel space, Deckers bought running shoe brand HOKA in 2012 for the bargain price of $1.1 million. Last quarter, HOKA revenue ...
Hoka sales soared once again, accelerating from the previous quarter to grow 34.7% to $570.9 million. The performance from Ugg, which is still Deckers' biggest brand, was also strong, rising 13% ...
Hoka One One (stylized as HOKA) is a sportswear company that designs and markets running shoes. It was founded in 2009 in Annecy, France , and had been based in Richmond, California before it was acquired by Deckers Brands in 2013.
The culprit was an analyst downgrade, as one Wall Street watcher lowered its rating on the fast-growing owner of Hoka and UGG. Deckers shares were down 6% as of 12:08 p.m. ET on the news. Person ...
Deckers (NYSE: DECK) is one of the latest companies to offer a stock split. The footwear specialist split its shares 6-for-1 on Sept. 17. ... The Hoka brand remained on fire with sales up 34.7% to ...
As a more premium product than Nike, Hoka is able to generate better operating margins for its parent company Decker Brands. Over the last 12 months, Decker Brands has posted an operating margin ...