Deckers Plans to Divest Sanuk, Plots New ‘Super’ Sneaker Brand
Deckers Brands announced late Thursday it plans to divest its Sanuk brand. The Goleta, Calif.-based footwear company dropped the news in a short section within its second quarter earnings report on Thursday evening, stating it made the decision to divest the comfort shoe brand as it “continues to focus on allocating resources that best align with its long-term […]