All Teva articles
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Article
Deckers warns of tariff impact in Q1 outlook
The US A U.S. footwear group forecasts lower Q1 sales and rising costs as tariff pressures mount and consumer demand shows signs of softening.
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News briefs
Teva unveils SS 2025 collection and new brand campaign
The brand’s new collection debuts with trail, water and camp footwear, plus a new “For Playground Earth” brand anthem.
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Article
Deckers reports record Q3 revenue, raises 2025 outlook
Deckers Brands’ international sales surged by 28.5 percent; the overall record Q3 revenue was driven by Ugg and Hoka.
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Article
Teva and Sanuk down, while Hoka accounts for strong FY24 at Deckers
Deckers Brands, the parent of Hoka and Teva, among others, ended a successful fiscal year by reporting a 36 percent operating income increase in the final period to $144.3 million compared to $105.9 million. Gross margin expanded by 620 basis points to 56.2 percent. Revenues increased by 21 percent ...
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News briefs
Deckers creates role of President of Global Marketplace
US company Deckers Brands, owner of a portfolio of brands including Ugg, Koolaburra, Hoka, Teva, Sanuk and Ahnu brands, has promoted Marco Ellerker to the newly created role of President of Global Marketplace, effective Aug. 1, 2024. Ellerker has served in various operational roles at Deckers since 2017, most recently ...
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Article
Teva celebrates 40th anniversary with ‘Where to Next?’ campaign
Born in the Grand Canyon in 1984 by a resourceful river guide looking for a way to prevent sandals from floating downstream, US outdoor footwear brand Teva introduced the world to the first sport sandal. To celebrate this major milestone, the brand, a division of Deckers Brands, has introduced its ...
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Article
Deckers publishes ESG report for FY23
Deckers Brands, owner of a portfolio of brands including Ugg, Hoka, Teva, Sanuk and Koolaburra, has published its Corporate Responsibility and Sustainability Report called Creating Change for the 2023 financial year. The report builds on the progress the company has made towards its sustainable development goals in the areas of ...
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Article
Company raises full-year guidance as Hoka leads Deckers in Q1, Teva sales down 19%
Deckers Brands, intent on growing both its direct-to-consumer and international businesses in the months ahead, generated a 42 percent increase in Q1/24 net income to $63.6 million versus 44.8 million for the three months ended June 30. Operating income was 26 percent higher year-over-year at $70.7 million. Total net sales ...
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Opinion
Trade shows: “Sometimes the value cannot be beaten”
After OTS in the UK, Charles Ross still sees value in trade shows. The best bring leadership, collaboration and are moving with the Industry.
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News briefs
Teva and Parks Project team up to keep rivers wild
Teva, a division of Deckers Brands, has announced a Keep Rivers Wild capsule collection in collaboration with certified B Corp Parks Project. The purpose-driven and adventurous capsule collection, featuring products that instruct hand-drawn art, nature-inspired colorways and motifs that reflect the beauty of the Colorado River, includes a range of ...
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Article
Gorpcore: Where fashion and sportswear meet
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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Article
Hoka strides ahead for Deckers in Q2 with record sales
Deckers Brands has posted a strong rise in second-quarter net sales, driven by record revenue growth at its Hoka and Ugg brands. Net sales for the three months to Sept. 30 rose 21 percent year on year to $875.6 million. On a constant currency basis, the increase was 25 percent. ...
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News briefs
Deckers announces change in leadership of performance lifestyle division
Deckers Brands has announced that Wendy Yang will step down from her role as president of Performance Lifestyle at the end of the month after seven years of leading the Hoka and Teva brands to new heights. Stefano Caroti, president of omnichannel and a 30-year industry veteran, will assume Yang’s ...
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Article
Deckers expects 19-20% growth for the fiscal year
Deckers Brands, the parent company of Hoka, Teva and other brands, is currently forecasting revenues of $3.03-3.06 billion for the full financial year ending March 31, indicating a growth of between 19 and 20 percent. It expects to book a gross margin of less than 51.5 percent for the year, ...
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Article
Deckers’ Q2 sales up 16% thanks to Hoka, while margins pressured by supply chain
Deckers Brands saw revenues increase by 15.8 percent to $721.9 million in its second quarter ended Sept. 30, led by the continued strong performance of its Hoka brand, but delays in deliveries capped top-line growth at Ugg. On a constant-currency basis, revenues increased by 14.8 percent, but net earnings inched ...
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News briefs
Teva and Cotopaxi partner for capsule
Source: Teva/Cotopaxi U.S. outdoor brands Cotopaxi and Teva have launched a new cooperative project featuring two footwear styles and a jacket that incorporates design language from two best-selling products, the ReEmber slip-on shoe by Teva and Cotopaxi’s Teca Cálido jacket. Merging both the looks and the sustainability ...
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Article
Deckers Brands posts Q1 sales growth, raises FY22 outlook
Deckers Brands reported a first-quarter revenue increase of 78.2 percent to $504.7 million, while the company’s earnings per share increased to $1.71 compared to basic loss per share of $0.28 for the same period last year. The company has raised its full-year fiscal 2022 outlook and now expects earnings per ...
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Article
Deckers grows in Q4, led by further expansion of Hoka One One
Deckers Brands’ sales growth gained momentum in the fiscal fourth quarter, led by the continued global expansion of Hoka One One and a strong showing at its core Ugg brand. In the three months ended March 31, the group’s revenues increased by 49.7 percent to $561.2 million and were up ...
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Article
Teva works to divert products from landfills with new sandal recycling initiative
U.S. company Teva, founded in 1984 and part of Deckers Brands, has partnered with international recycling company TerraCycle to launch the TevaForever program to give worn-out Teva sandals a new life. The recycling program underscores Teva’s commitment to reducing its environmental impact and keeping waste out of landfills. “The TevaForever ...
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Article
Record sales for Deckers Brands
Deckers Brands’ sales surged in the third financial quarter ended Dec. 31, 2020, boosted by demand for Ugg and the continued global expansion of Hoka One One. Despite headwinds from Covid-19, the group’s sales progressed by 14.8 percent from the same period last year to a record $1,078 million, with ...