Lolë acquires Sanuk from Deckers
Lolë Brands, a Canadian athleisure, active and outerwear brand, announced the acquisition of the outdoor lifestyle footwear brand Sanuk from Deckers Brands. In October 2023, Deckers had indicated its intention to sell the brand. In the financial year ended March 31, Sanuk’s revenues plummeted by 33 percent to $25.4 million.
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