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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 ...
The duo, with Otto handling sales and distribution while Lopker oversaw manufacturing, based the company on durable, long-lasting sandals which catered to the surf community. [7] After buying out Lopker in 1982, Otto decided to license and manufacture other companies' product which resulted in a 1985 agreement with Teva.
Hoka One One Tennine. The company was founded in 2009 by Nicolas Mermoud and Jean-Luc Diard, former Salomon employees. They sought to design a shoe that allowed for faster downhill running, and created a model with an oversized outsole that had more cushion than other running shoes at the time. [2]
Deckers has a pristine balance sheet with $1.23 billion in cash and equivalents and no debt. Inventories, meanwhile, grew less than sales, up 7% to $777.9 million. This is yet another sign of a ...
Deckers (DECK) is focused on expanding brand assortments, launching innovative products, targeting consumers digitally via marketing and sturdy e-commerce, and optimizing omni-channel distribution.
The footwear leader jumped as trade tensions eased.
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