Deckers Brands Board of Directors revealed the turmoil the brand is currently going through in a letter it sent to its shareholders urging them to retain the current Board and not replace them with hedge fund nominees.
The Italian eyewear company moved its headquarters from Parsippany, NJ, its home of 20 years, to Secaucus, NJ. The new office will work in tandem with the company's Fifth Avenue Global Design Studio and Showroom.
Nike is one of six major brands to see a decline in teen spending, and the age group has an increased preference for streetwear labels like Vans and Supreme. In addition, teens spend more on food than clothing.
Surf Expo has announced it has cut the final day of this season's trade show taking place in Orlando in anticipation of Hurricane Irma making landfall in Florida this weekend. The show will now end on Friday at 5pm.