The activist investor is urging Deckers Brands to sell itself.
The company reported its financial results this week.
The brand has initiated a process that includes an exploration and evaluation of strategic alternatives.
The move signals further development for the firm globally.
Analysts react to Deckers Brands’ second quarter performance in upbeat fashion.
Deckers beat Wall Street’s Q2 estimates and brought on former Nike and Puma executive Stefano Caroti as its omnichannel president.
After last week’s shoe stock volatility, many are questioning the strength of the economy as well as the footwear space.
Key figures from the most recent quarter and what analysts are predicting for this week’s reports.
With the move, its former president, Jim Van Dine, will assume a new role.
Retail traffic data shows an ongoing lag in traffic at footwear & apparel retailers; September traffic declined 3.56 percent year-on-year.