Home / Knowledge / News / Apparel/Garments / Deckers Brands net sales up 6.2% to $2 bn in FY2019

Deckers Brands net sales up 6.2% to $2 bn in FY2019

27
May '19
Pic: Deckers
Pic: Deckers
Deckers Brands, a company into designing, marketing and distributing footwear, apparel, etc, has recorded net sales of $394.1 million in Q4 of FY2019 ending March 31, 2019. This shows a decrease of 1.6 per cent from $400.7 million for Q4 of FY2018. For full year of FY2019, net sales increased 6.2 per cent to $2.020 billion from $1.903 billion in FY2018.

Deckers Brands portfolio of brands includes UGG, Koolaburra, Hoka One One, Teva and Sanuk. The UGG brand net sales for Q4 decreased 7.2 per cent to $239.0 million compared to $257.5 million for the same period last year. For fiscal year 2019, net sales increased 1.7 per cent to $1.533 billion, said Decker Brands in a press release.

The Hoka One One brand net sales for the fourth quarter increased 33.2 per cent to $67.1 million compared to $50.4 million for the same period last year. For fiscal year 2019, net sales increased 45.4 per cent to $223.1 million.

Teva brand net sales for the fourth quarter decreased 3.8 per cent to $52.9 million compared to $55.0 million for the same period last year. For fiscal year 2019, net sales increased 2.9 per cent to $137.4 million.

Sanuk brand net sales for the fourth quarter decreased 11.7 per cent to $31.5 million compared to $35.6 million for the same period last year. For fiscal year 2019, net sales decreased 9.1 per cent to $82.6 million.

The domestic net sales for Q4 increased 1.2 per cent to $252.0 million compared to $249.0 million for the same period last year. For fiscal year 2019, domestic net sales increased 8.9 per cent to $1.278 billion. International net sales for the fourth quarter decreased 6.3 per cent to $142.1 million compared to $151.7 million for the same period last year. For fiscal year 2019, international net sales increased 1.8 per cent to $742.1 million.

“Fiscal 2019 represented another successful year for the Deckers organisation, surpassing the milestone of $2 billion in revenue and doing so with exceptional levels of profitability, while achieving our long-range targets a year ahead of schedule,” said Dave Powers, president and chief executive officer. “As we move forward in our strategic plan, we will maintain focus on positioning our brands for the future by enhancing our relationship with consumers, continuing to deliver innovative product solutions, and building brand awareness and strength across global markets.”

For the full year of FY2020 ending March 31, 2020, the company expects the net sales to be in the range of $2.095 billion to $2.120 billion. For Q1 of FY2020 ending June 30, 2019, the net sales are expected to be in the range of $250—$260 million. (PC)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Feb 2020

Turkey, Pak want to raise bilateral trade volume to $5 bn

Turkey and Pakistan want to raise bilateral commercial and economic...

Pic: Shutterstock

Apparel/Garments | On 18th Feb 2020

Bangladesh RMG exporters expect order shift from Cambodia

Bangladesh's readymade garment (RMG) exporters feel the suspension of ...

Pic: Shutterstock

Apparel/Garments | On 18th Feb 2020

GMAC dissatisfied with EU following partial EBA suspension

Expressing disappointment over the February 12 decision by the...

Interviews View All

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

John Elmuccio,

John Elmuccio

Evolution St Louis is a company setting up a high-tech knitting facility...

Uhan Soebiantoro,

Uhan Soebiantoro

Luckytex is an integrated textile manufacturing company founded by...

Matthias Eilert,

Matthias Eilert

Germany-based Forbo Movement Systems division is a global leader in...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search