
UGG is owned by Deckers Brands (NYSE: DECK), a publicly traded American footwear company headquartered in Goleta, California. Deckers acquired UGG in 1995. UGG generated $2.739 billion in net sales in fiscal year 2026 (ended March 31, 2026), up 8.2 percent year-over-year. Deckers reported total FY2026 revenue of $5.472 billion, with HOKA contributing $2.587 billion. CEO Stefano Caroti described UGG's performance as reflecting demand for iconic product franchises and growth in sneakers and sandals. Deckers is targeting FY2027 revenue of $5.86 billion to $5.91 billion.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| UGG | Deckers Brands | Wholly owned |
UGG was founded in 1978 by Brian Smith, an Australian surfer who moved to California with a bag of sheepskin boots. Smith recognized the potential for Australian sheepskin boots in the American market, particularly among surfers who appreciated their comfort and warmth after surfing in cold water.
Throughout the 1980s and early 1990s, UGG developed a cult following among California surfers and gradually expanded into broader markets. The brand's reputation for comfort and quality helped it grow beyond its surfing roots into mainstream casual footwear.
Deckers Brands acquired UGG in 1995, providing the resources for broader distribution and marketing. The brand experienced explosive growth in the early 2000s when UGG boots became a fashion phenomenon, embraced by celebrities including Oprah Winfrey, who featured UGG boots on her show in 2003 as one of her "Favorite Things." This exposure catalyzed UGG's transition from a niche surf brand to a global fashion icon.
In the 2010s and 2020s, UGG expanded beyond its core sheepskin boots to include sneakers, sandals, slippers, apparel, and accessories. This diversification reduced the brand's dependence on the seasonal sheepskin boot category and broadened its addressable market. The growth of sneakers and sandals has been particularly important for year-round revenue generation.
In fiscal year 2026, UGG delivered $2.739 billion in net sales, up 8.2 percent from $2.531 billion in FY2025. The brand's performance reflected demand for iconic product franchise families, continued progress with year-round product offerings, and strong engagement from both existing and new consumer cohorts worldwide. Increasing engagement from male consumers demonstrated the expanding relevance of the brand across a broader audience.
What does Deckers Brands own?
Deckers Brands owns five footwear brands: HOKA (performance running), UGG (premium comfort), Teva (outdoor sandals), Sanuk (casual sandals), and Ahnu (outdoor comfort). HOKA and UGG are the company's flagship brands, together generating over 97 percent of total net sales. In FY2026, HOKA generated $2.587 billion and UGG generated $2.739 billion in net sales.
Is Deckers Brands publicly traded?
Yes, Deckers Brands is publicly traded on the New York Stock Exchange under ticker symbol DECK. The company completed its IPO in 2004 and is included in the S&P 500 index. Ownership is distributed among institutional investors, mutual funds, and individual shareholders, with no single controlling entity.
Who founded Deckers Brands?
Deckers Brands was founded in 1973 by Doug Otto and Karl F. Lopker in Goleta, California. The company started as a small sandal manufacturer and grew through strategic acquisitions, including UGG in 1985, Teva in 2002, and HOKA in 2013, into a global footwear company.
Where is Deckers Brands headquartered?
Deckers Brands is headquartered in Goleta, California, USA. The Goleta facility houses corporate administration, brand design teams, and global operations management. The company was founded in Goleta and has maintained its headquarters there throughout its history.
How many brands does Deckers Brands own?
Deckers Brands owns five footwear brands: HOKA, UGG, Teva, Sanuk, and Ahnu. The portfolio is concentrated in two brands, with HOKA and UGG together generating over 97 percent of net sales. The remaining three brands (Teva, Sanuk, Ahnu) contribute modestly to overall revenue.
Who owns Deckers Brands?
Deckers Brands is a publicly traded corporation owned by its shareholders. Major institutional shareholders include Vanguard Group, BlackRock, and other large-cap investment funds. No single shareholder or entity holds a controlling interest. The company operates independently without any parent organization.
What is Deckers Brands' revenue?
Deckers Brands reported record revenue of $5.472 billion for FY2026 (ended March 31, 2026), up 9.8 percent year over year. Diluted EPS was $7.02, up 11 percent. For FY2027, the company guides to net sales of $5.86 billion to $5.91 billion, representing approximately 7 to 8 percent growth.
UGG operates under Deckers Brands' sustainability framework, with initiatives focused on ethical sourcing, regenerative agriculture, and animal welfare.
Regenerative Agriculture: UGG achieved its goal of influencing one million acres of conventional grassland toward regenerative farmland by February 2024, one year ahead of schedule. The program focuses on soil health, biodiversity, and carbon sequestration in grazing lands within the sheepskin supply chain.
Ethical Sourcing and Animal Welfare: UGG maintains an Ethical Sourcing and Animal Welfare Policy stating that the company only uses sheepskin that is a byproduct of the food industry. The brand sources sheepskin from countries with animal welfare regulations and requires suppliers to meet specific standards for animal treatment.
Sustainable Materials: UGG has launched sheep-free boots using animal-free materials, responding to consumer demand for cruelty-free alternatives. Approximately 33 percent of cotton fibers used in UGG shoes are recycled or sourced from sustainable farms, with goals of using sustainably farmed or recycled cotton.
Environmental Impact: As part of Deckers Brands' sustainability efforts, UGG focuses on reducing carbon footprint, improving packaging sustainability, and implementing circular economy principles. The brand participates in corporate initiatives aimed at carbon neutrality and renewable energy use in manufacturing.
Supply Chain Transparency: UGG provides information about its sourcing practices and animal welfare commitments, though the brand continues to face calls for greater transparency regarding specific supplier locations and audit results.
PETA Legal Challenge (2023): In November 2023, PETA sent UGG a cease and desist letter demanding the removal of misleading "humane" claims from its marketing. PETA argued that UGG's assurances about humane animal treatment were baseless, citing standard practices in the meat industry that include painful procedures without painkillers. PETA threatened to file a complaint with federal authorities if UGG did not comply by December 1, 2023.
Animal Welfare Investigations: PETA investigations have documented practices including painful procedures without painkillers, forceful animal transport, and inhumane slaughter conditions in the wool, down, and leather industries that supply materials for UGG products. UGG's claims about ethical sourcing have been challenged as potentially misleading consumers.
Trademark Disputes: UGG has faced ongoing legal challenges regarding trademark protection for the "UGG" name, particularly in Australia where the term is considered generic for sheepskin boots. These disputes have created challenges for the brand in protecting its intellectual property rights in certain regions.
Sustainability Claims Scrutiny: Environmental and consumer advocacy groups have questioned the accuracy and transparency of UGG's sustainability claims, particularly regarding verification of regenerative agriculture achievements and animal welfare standards.
Cultural Appropriation Concerns: Some critics have raised questions about UGG's commercialization of Australian cultural heritage, particularly regarding the brand's ownership and exploitation of Australian cultural symbols for commercial gain.
No direct competitors found in the same category. This could be because UGGoperates in a unique market segment or we're still building our competitor database.
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