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Deckers Outdoor Corporation will no longer sell its Simple brand as of Dec. 31, according to an email CEO Angel Martinez sent to employees.
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The company is focusing on its brands with the highest long-term and short-term growth potential such as UGG, Teva, Sanuk and the company’s emerging brands.
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Deckers acquisition of Sanuk is expected to close in the third quarter.
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I have a request in to Deckers to see if they would like to comment further.
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To read more about Deckers, here’s a link to our interview with CEO Angel Martinez about the Sanuk acquisition and the hiring of former Vans President Steve Murray.
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