Ugg Australia and Koolaburra are no longer competitors
04.06.2015 7729

Ugg Australia and Koolaburra are no longer competitors

Ugg Australia, a Deckers Corporation company, has acquired U.S. rival brand Koolaburra, which produces soft sheepleather ankle boots.

According to Deckers CEO Angel Martinez, management plans to position the newly acquired Koolaburra brand in the mid-price segment that the group has not previously covered. Ugg will remain the leader in the high-end market.

In addition to Ugg, Deckers Corporation also owns the brands Teva, Sanuk, Ahnu, Mozo, Tsubo and Hoka One One. The group ended the 2014 year with a turnover growth of 14,6%, up to 1,817 billion dollars, and with a net profit of 162 million (+ 14,1%).

Deckers Corporation, which owns the Ugg Australia brand, has acquired the American competitor Koolaburra, which manufactures soft ankle boots from ...
5
1
Rating

Latest News

Trade will not be able to operate under the simplified tax system

Following a meeting with members of Delovaya Rossiya, Russian President Vladimir Putin instructed the Government to draft a bill on the parameters for applying the simplified tax system and the gradual abolition of this tax system. The abolition of the special regime will affect those who…
15.07.2025 68

Roger Vivier has chosen Chinese actor Tang Jianqi as its ambassador

French luxury brand Roger Vivier has chosen a new ambassador, popular Chinese actor Tang Jianqi. The announcement of the new brand ambassador is accompanied by the launch of an advertising campaign in which Tang shows…
15.07.2025 62

US threatens to impose 30% tariffs on EU and Mexican goods

Last Saturday, US President Donald Trump sent letters to the European Union (EU) and Mexico threatening to impose 30% tariffs on their goods from 1…
15.07.2025 85

Louis Vuitton Launches Campaign Featuring Emma Stone and Hyoyeon Jung

Movie stars Emma Stone and Hyoyeon Jung star in Louis Vuitton's fall 2025 campaign. Shot by American photographer Ethan James Green, the ad showcases the brand's new Express bag, which is currently being used by…
14.07.2025 241

US May Impose 50% Tariff on Brazilian Exports

The US threat to impose a 50 percent tariff on Brazilian imports from August 1 is putting pressure on shoe companies that produce shoes in Brazil, writes…
11.07.2025 451
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning