The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase.If you live in an area where there’s a chance it’ll snow this season, you should pick up a pair of winter boots now, not later.They’ll keep your feet warm and dry on your commute to and from work and have thick rubber soles to prevent you from slipping on black ice. Most people will scramble to buy a pair once the first snowfall of the season strikes, but you can save yourself the headache by getting yours in advance of an inclement weather forecast. Most options are available in every size right now, so you won’t have to settle for a pair you don’t like or join a long wait list.
To make shopping for your winter boots easier, we did the legwork for you. With a range of styles and prices, there’s something here for everyone.I believe that Deckers Outdoor Corporation (DECK) is quite undervalued. Investors have not yet digested the recent restructuring efforts of the company and the fact that Marcato Capital Management recently started an activist campaign against the company. I believe that these last developments are going to make the company pop in 2017.Deckers designs, markets and distributes footwear, apparel, and accessories for women, men, and children. It uses sales representatives as well as owns retails stores in the US, but only sales representatives in Europe, Asia-Pacific, Canada, and Latin America, among others.
The company is a conglomerate of different brands that include UGG, Teva, Sanuk and some others. According to the last 10-k, it uses both inorganic and organic growth. The growth of the company in terms of revenues and EBITDA in the last 15 years is outstanding. However, in a period of 2013 to 2015, the EBITDA growth started to decline and the stock price reacted to it. The company had to reconsider the business logic.The company shifted from acquiring businesses in 2014 to selling some brands in 2016:In July 2014, we acquired our UGG brand distributor that had been selling to retailers in Germany and continues to operate as a wholesale business in Germany through the acquired subsidiary. The acquisition included certain intangible and tangible assets and the assumption of liabilities. In April 2015, we acquired substantially all the assets related to the Koolaburra brand, a line of fashion casual footwear using sheepskin and other plush materials.