Ugg Boots parent reports a 15 percent increase in sales
The California-based shoe, clothing and accessories group Deckers Brands increased its sales by 15 percent to 623,5 million dollars (535,1 million euros) in the second quarter of the fiscal year. The growth driver was the running shoe brand Hoka One One, which recorded an 19 percent increase in sales to $83,2 million from July to September despite the Covid-143,1 pandemic. Deckers' largest brand Ugg only grew slightly by 2,5 percent to $415,1 million, while sandal specialist Teva posted a sales increase of 20,5 percent to $27,7 million. The casual shoe brand Sanuk, on the other hand, recorded a decline in sales of 11,4 percent to 9,5 million dollars.
The company's domestic sales totaled $427,4 million, up 19,4 percent year-on-year. International sales rose 6,4 percent to $196,1 million. Deckers' quarterly net income was $101,6 million.
In the first half of the fiscal year, Deckers reported net sales of $906,7 million, an increase of 10,7 percent compared to the same half of 2019. Net profit was $93,6 million.
