Deckers Outdoor Corporation Announces It Has Signed Two New License Agreements for Teva.Business Editors GOLETA, Calif.--(BUSINESS WIRE)--Dec. 10, 2003 Deckers Outdoor Corporation Deckers Outdoor Corporation is a footwear manufacturer based in Goleta, California, United States. Deckers currently makes three brands:
in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DECK) today announced that it has signed two license agreements for watches and eyewear with Capo, Inc. for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Through its worldwide licensing agent, BHPC BHPC Beverly Hills Polo Club BHPC British Human Power Club (UK) BHPC Beverly Hills Presbyterian Church (Beverly Hills, CA) BHPC Book History and Print Culture (University of Toronto) Global Licensing, Deckers Outdoor Corporation signed two license agreements with Capo, Inc., a full-service company for vision enhancement and time pieces. Under the terms of the agreement, Capo, Inc. will design and market Teva branded watches and watch accessories and Teva branded eyewear and eyewear accessories. Teva watches and eyewear will be sold through fine department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. and independent specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" alike. The initial term for both licenses is through March 2007, with additional three-year renewal terms. Douglas Otto, Chairman and Chief Executive Officer of Deckers Outdoor Corporation, stated "We are very pleased to announce these licensing agreements for Teva. With the addition of watches and eyewear to the previous licenses we signed for men's apparel and headwear head·wear n. A hat or other covering for the head. , we have continued to execute our strategy of further leveraging the lifestyle nature of the Teva brand. Simultaneously, in a relatively short period of time we have set the stage to increase the breadth and depth of Teva branded product in the marketplace. We remain committed to capitalizing on the many growth opportunities that lie ahead." Deckers Outdoor Corporation builds niche products into global lifestyle brands by designing and marketing innovative, functional and fashion-oriented footwear, developed for both high performance outdoor activities and everyday casual lifestyle use. The Company's products are offered under the Teva, Simple and Ugg brand names. * Statements in this press release that are not historical facts, including statements about future prospects, long-term growth and shareholder value, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Numerous risks and uncertainties could cause the Company's actual results to differ from the results described in the forward-looking statements. Among these risks and uncertainties are conditions in the general economy and in the Company's retail environment, the effect of consumer preferences and other factors discussed in the Company's filings made with the Securities and Exchange Commission. The Company disclaims any obligation to update or revise any of the forward-looking statements in this news release. |
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