Deckers Brands considering putting itself up for sale
Deckers Brands, the Goleta-based maker of Ugg boots and other footwear, said April 25 that it is considering strategic alternatives that could include selling the company. Red Mountain Capital Partners, an investment firm that owns a 3.3 percent stake in Deckers, has been pressuring Deckers’ management team to explore options that include a sale or Read More →
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Investor wants Deckers Brands to consider sale
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Read More →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 →
Read More →Deckers Brands struggles as iconic shoe brand sales decline
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Read More →Net income down at Deckers Outdoor
Deckers Outdoor, a footwear and apparel company based in Goleta, declared $41.03 million in net income for its third quarter 2017, ended Dec. 31, down more than 73 percent from the third quarter of 2016. For the first nine months of its fiscal year, the company earned $21.41 million, down from $145.97 million for the Read More →
Read More →Counterfeit goods take toll on tri-county companies
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Read More →Deckers sales down but earnings up for second quarter
Deckers Brands, the Goleta-based footwear, apparel and accessories company, announced net sales of $485.9 million and earnings per diluted share of $1.21 for the second quarter ended Sept. 30. Sales were down slightly from $486.9 million for the same period last year, primarily for the company’s UGG and Teva brands, but earnings were up 9 Read More →
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