With North American retailers implementing store closures to combat the spread of Covid-19 since the weekend, Tuesday’s announcements have come from the likes of Macy's, Ralph Lauren, AEO, Foot Locker and Tapestry.
The popular Deckers-owned footwear label has announced that it is expanding into a new product category with the launch of its first-ever athletic apparel and accessories line, created with customer feedback in mind.
Goleta, California-based Deckers Brands announced respectable increases in its sales and earnings for the third quarter on Thursday as, once again, its Hoka One One athletic footwear brand posted accelerated growth.
Deckers Brands reported improved revenues and earnings for the second quarter on Thursday and upped its full-year financial outlook, as sales at its Hoka One One athletic footwear brand bounded forward 50%.
The fashion and footwear group announced on Thursday that it made over $2 billion in annual revenues for the first time in fiscal 2019, with particularly strong growth seen at its Hoka One One running shoe brand.