Deckers Outdoor Corp. has entered into a license agreement with Fownes Brothers, Inc. for the sale of UGG Australia branded cold weather accessories in the U.S. Under the terms of the agreement.
Fownes Brothers, Inc. will design, manufacture and market UGG Australia cold weather accessories including gloves, scarves and headwear to be sold in better department stores and independent specialty stores. The initial term for the license is through January 2008, with an additional option for a three-year renewal.
