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HomeLifestyle NewsHoka-Parent Deckers Beats Quarterly Estimates Boosted by Demand in Europe, China

Hoka-Parent Deckers Beats Quarterly Estimates Boosted by Demand in Europe, China

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Deckers Outdoor topped estimates for first-quarter results on Thursday, fuelled by robust demand in international markets such as Europe and China for its Hoka and UGG brands, sending shares of the footwear maker up about 9 percent in extended trading.

Deckers has been rapidly expanding its international presence, in an effort to counter choppy US demand after several years of strong growth.

Similar to rivals such as Nike and Skechers, Deckers relies heavily on Vietnam as a key manufacturing…

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