Hoka: A Challenger Brand’s Quest for Excellence in the Sports Shoe Industry
Case Code: BSTR679 Case Length: 12 Pages Period: 2023 Pub Date: 2024 Teaching Note: Available |
Price: Rs.400 Organization : Deckers Outdoor Corp Industry : Countries : United States Themes: Innovation, Brand Differentiation, Competitive Strategy,Marketing Strategy |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
What started as a personal quest by French mountain runners Nicolas Mermoud (Mermoud) and Jean-Luc Diard (Diard) to find trail running shoes for themselves to make downhill running easier and faster, led to the launch in 2009 of athletic footwear and apparel brand Hoka, which went on to become a globally-recognized brand. In May 2023, Hoka’s parent company, California-based footwear designer and distributor Deckers Outdoor Corp. (Deckers), reported that Hoka had recorded an increase in net sales of 58.5% to US$1.41 billion for fiscal 2023 from US$891.6 million for fiscal 2022..”
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