Teva and UGG Unveil Hybrid Collection

Fusing fashion and function, new styles offer signature elements of
both iconic brands

GOLETA, Calif.–(BUSINESS WIRE)–Teva® and UGG®, both divisions of Deckers Brands (NYSE: DECK), have
unveiled a new collection that takes cues from their iconic footwear
heritage. Delivering quirky-cool hybrids that are designed to take on
the urban trail, the Teva x UGG® collection comes from two brands that
were born from the water and evolved in different directions, combining
the legendary river utility of Teva and the surf inspired beach-chic
coastal ease of UGG®. Conceived at the intersection of fashion and
function, the collaboration encompasses a bold offering tailor-made for
the tastemaker who seeks an extra dose of style in their daily
adventures.

“The Teva x UGG collaboration allows us to celebrate expression of
freedom while showcasing the innovation that is infused into each of our
products,” says Wendy Yang, President of the Performance Lifestyle Group
at Deckers Brands. “With this collaboration, we wanted to fuse the most
iconic and loved elements from both brands and deliver them in a
contemporary collection for the modern consumer.”

Available for a limited time in two signature styles – the Sandal and
the Hybrid – the Teva x UGG® collection is offered in highly wearable
hues including Black Iris, Dark Gull Gray, White, Navy, and Burnt Olive.
The sporty Sandal silhouette retails for $175USD, while the Hybrid
mid-calf height iteration retails for $225USD.

Employing the Teva brand’s iconic universal strapping system and
Hurricane sandal footbed, the collection features a microfiber topsole
and utilizes ultra-wearable materials including neoprene, plush
sheepskin, and the UGG® brand’s innovative UGGpure™ wool.

“Our latest collaboration with Teva celebrates the art of footwear
design,” says Andrea O’Donnell, President of the Fashion Lifestyle Group
at Deckers Brands. “It’s a rarity to have two iconic heritage brands
with such distinct DNA under the same umbrella. It’s allowed us to
create unique, fashion-forward styles that are equal parts aspirational
and accessible.”

The Teva X UGG® collection can be purchased online at Teva.com
and UGG.com
or at select UGG® concept stores and retailers.

About Teva®

Pioneered in 1984, Teva stands for freedom in footwear. Teva believes
that how you choose to live is the ultimate form of personal expression
and our products are crafted to be accessible, versatile and a
celebration of the independent spirit. Creator of the original sport
sandal over three decades ago, Teva products are now sold in over 40
countries worldwide. For more information on Teva, a division of Deckers
Brands, please visit www.teva.com
or follow @Teva.

About the UGG® brand

Founded in 1978 in California, UGG® is a division of Deckers Brands
based in Goleta, California. The brand has built a reputation on luxury
and comfort by using only the finest materials in the world, employing
the highest standards of craftsmanship, and delivering new and
innovative styles. For more information please visit www.ugg.com.
@UGG #thisisUGG

About Deckers Brands

Deckers Brands is a global leader in designing, marketing, and
distributing innovative footwear, apparel, and accessories developed for
both everyday casual lifestyle use and high performance activities. The
company’s portfolio of brands includes UGG®, Teva®, Sanuk®, Ahnu®, HOKA
ONE ONE®, and Koolaburra®. Deckers Brands products are sold in more than
50 countries and territories through select department and specialty
stores, company-owned and operated retail stores, and select online
stores, including company-owned websites. Deckers Brands has a 40-year
history of building niche footwear brands into lifestyle market leaders
attracting millions of loyal consumers globally. For more information,
please visit www.deckers.com.

Contacts

Teva Media Contact
Martha Garcia / Teva PR Manager
805-967-7611
X 1357
martha.garcia@deckers.com
DKC
/ teva@dkcnews.com
or
UGG®
Media Contact
Lindsey DiCola / UGG® PR Manager
212-247-8552 X
2773
lindsey.dicola@deckers.com
or
Matthew
Magnin / UGG® PR Associate
212-247-8552 X2772
matthew.magnin@deckers.com