The Goleta, California-based footwear, apparel and accessories group announced a 15% rise in second-quarter sales on Thursday, as the Hoka One One brand continued to see strong growth in spite of the Covid-19 pandemic.
Deckers Brands, the US-based owner of Ugg and other labels, reported 2.3 per cent sales growth to $282.2 million in its first quarter ended on June 30, compared to sales of $276.8 million in the same period last year.
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.
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.