×
59 097
Fashion Jobs
JOCKEY
Apparel Merchandise Planner - Hybrid Opportunity
Permanent · Kenosha
ON RUNNING
Talent (HR) Business Partner
Permanent · PORTLAND
MARC JACOB'S
Senior Director, Global Retail Buying
Permanent · New York
BANANA REPUBLIC
General Manager - Crocker Park
Permanent · Westlake
LEVI'S
Senior Analyst, Global DTC Business Analytics
Permanent · Remote
SALLY BEAUTY HOLDINGS LLC
IT Senior Manager, Ios/Android And Web Development
Permanent · Denton
GAP INC.
Asset Protection Coordinator - Kansas City
Permanent · Kansas City
GAP INC.
Regional Manager, Asset Protection - Great Plains
Permanent · Denver
GAP INC.
Manager, Strategic Sourcing- Operations
Permanent · Groveport
GAP INC.
Asset Protection Lead - tn
Permanent · Gallatin
NORDSTROM
Asset Protection Service Ambassador - Desert Ridge Rack (Phoenix, az)
Permanent · Phoenix
NORDSTROM
Finance Manager - Supply Chain
Permanent · Seattle
NORDSTROM
Asset Protection Agent - Desert Ridge Rack (Phoenix, az)
Permanent · Phoenix
PUMA
Junior Human Resources Business Partner
Permanent · Carlsbad
PUMA
sr. Director, Sales - City Specialty
Permanent · Somerville
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, International Market Place
Permanent · Honolulu
AESOP
Full-Time Retail Consultant | Free Market
Permanent · Denver
AESOP
Part-Time Retail Consultant | Free Market
Permanent · Denver
NEIMAN MARCUS
Men's Sales Manager - Fashion Island
Permanent · Newport Beach
TALENT
Production Manager - Footwear
Permanent · New York
MACY'S
Asset Protection Detective, Queens Center - Standard Part Time
Permanent · New York
MACY'S
Asset Protection Detective, Lakeline Mall - Full Time
Permanent · Cedar Park
Published
Jul 30, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Deckers Brands sees sales surge 78%

Published
Jul 30, 2021

Revenues at Goleta, California-based footwear, accessories and apparel group Deckers Brands totaled $504.7 million in the first quarter, up 78.2% from $283.2 million in the same prior-year period, as the company experienced strong growth across its brand portfolio. In constant currencies the increase was 76.1%.
 

The Hoka brand experienced one of the strongest increases in its sales during the quarter - Instagram: @hokaoneone


In the first quarter ended June 30, 2021, the company’s popular Hoka One One running shoe brand saw its sales rise 95.5% year over year to $213.1 million, while its Ugg boot business posted a rise of 70.8% in its revenue, which came to $213.0 million.
 
Sandal brand Teva experienced similar growth, achieving an increase of 65.9% in its sales, which totaled $58.5 million, while casual footwear label Sanuk managed a 13.7% rise in sales of $15.0 million. The company’s “other brands” segment, primarily made up of the Koolaburra business, posted quarterly net sales of $5.0 million, up 435.9% from the prior-year period.

Broken down by distribution channel, Deckers’ quarterly wholesale revenue increased 140.2% to $344.3 million, while its direct-to-consumer sales were $160.4 million, up 14.7% compared to $139.8 million in the same period in the previous year.
 
Domestic sales for the quarter came to $336.1 million, increasing 82.3% year over year. International sales rose 70.5% to $168.6 million.
 
First-quarter net income at Deckers was $48.1 million, up from a loss of $8.0 million in the same period in the previous year. Diluted earnings per share came to $1.71, compared to a loss per share of $0.28.
 
“Our portfolio of brands delivered a strong start to fiscal 2022, which propelled Deckers to its most profitable first quarter ever,” said Deckers president and CEO Dave Powers in a release. “While macro-economic headwinds persist throughout the supply chain, we are confident in the consumer demand for our brands and the resilience of our global omnichannel organization, and we remain dedicated to the foundational, long-term strategies driving Deckers’ success.”
 
Looking forward, Deckers currently expects its full-year net sales to be in the range of $3.010 billion to $3.060 billion. Annual diluted earnings per share are expected to be between $14.45 and $15.10.

Copyright © 2022 FashionNetwork.com All rights reserved.