A globally known shoemaker based on the South Coast may put itself up for sale.
Deckers Brands says it is looking at strategic alternatives for its future, which include a sale or other type of transaction to improve stockholder value. The company has been in the middle of a $150 million dollar campaign to improve profitability by cutting costs and realigning brands.
The company has retained financial and legal advisors to assist with proposals. In a press release, the company says it’s not definite the company will be involved in a deal, and notes there is no timeline.