Deckers Brands Board of Directors revealed the turmoil the brand is currently going through in a letter it sent to its shareholders urging them to retain the current Board and not replace them with hedge fund nominees.
N Brown may not be powering ahead on the profits front yet but sales are rising and market share is growing for its Power Brands. It's also boosting e-tail and has plans to grow its business in the US.
Nike is one of six major brands to see a decline in teen spending, and the age group has an increased preference for streetwear labels like Vans and Supreme. In addition, teens spend more on food than clothing.
Dr. Martens has announced that its chief executive officer Steve Murray is leaving the company to enable the “next phase of its history”. Chairman Paul Mason will take over until a new chief executive is appointed.
Hot on the heels of the announcement of their collaboration for this fall, the brand UGG and designer Jeremy Scott have unveiled the campaign for this capsule collection for men, women, kids and babies.