Deckers Kicks Off 2026 With Two Fewer Brands After Shuttering Ahnu and Koolaburra

Yahoo Finance
2026.01.07 17:56
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Deckers Brands is streamlining its portfolio by shutting down the Ahnu and Koolaburra brands to focus on its successful Hoka and Ugg labels. The company plans to complete the closure of both brands by March 31, 2026, with no expected material exit costs. Deckers reported a 9.1% increase in net sales for Q2 of fiscal 2026, totaling $1.43 billion, although net income decreased from the previous year. The decision follows a trend of divesting underperforming brands, leaving Deckers with Hoka, Ugg, and Teva as its primary labels.