Investment firm asks Deckers Brands to explore sale

By Staff Report  /  Monday, April 3rd, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Investment firm asks Deckers Brands to explore sale

An investment firm that owns a 3.3 percent stake in Deckers Brands wants the Goleta-based shoe company to explore options for seeking a sale or merger. In a letter dated March 27, Santa Monica-based Red Mountain Capital Partners said it was concerned about the “persistent underperformance” of Deckers’ stock. Red Mountain managing partners Willem Mesdag Read More →