Colder weather perks up winter sales

This winter's colder weather and strong snow have contributed to the strong Chinese sales of UGG boots, boosting its parent company's financial results.

According to financial results for the third fiscal quarter ended Dec 31, 2017, of Deckers Brands, which designs, markets and distributes footwear, apparel and accessories, net sales increased to $810.5 million, up 6.6 percent from the $760.3 million for the same period last year.

Operating income was $193.2 million compared to $53.3 million for the same period last year.