1、?“Founded in 1978 by an intrepid Australian surfer,UGG Australia has since become the world leader in luxury and comfort.Dedicated to using only the finest materials,UGG products are of the most luxurious quality;from footwear to accessories,once consum-ers experience the comfort of UGG Australia,th
2、eyre supporters for life.”13MAR200814173367To our Stockholders and Employees:Over the past several years,Deckers Outdoor Corporation has consistently exceeded prior years salesand earnings and 2008 was no different.Our ability to increase sales 53.6%to$689.4 million and improvediluted earnings per s
3、hare 43.7%,excluding non-cash charges detailed in our 2008 fourth quarter earningsrelease,from$5.06 to$7.27,was driven primarily by the growing worldwide demand for the UGG?brandand its expanded product line.At the same time,the Teva?and Simple?brands made strategic advancesthis year,as did our expa
4、nding retail and eCommerce businesses.The year was also marked by importantinvestments that enhanced our operating platform and further diversified our business.Beginning withpersonnel,we added a Chief Operating Officer,Senior Vice President of Supply Chain,Vice President ofChina and Sourcing,and a
5、Vice President of Human Resources to strengthen our leadership team.Theseadditions were followed by the implementation of an automated inventory pick module that increased ourfulfillment capabilities and improved the efficiency of our domestic distribution center.We also executedthe next phase of ou
6、r international expansion by signing new distribution agreements for several countries,forming a joint venture for China retail,and establishing our first direct-to-consumer footprint outside theU.S.Finally,we acquired the TSUBO?brand,which complements our existing brands and provides us withnew mar