Deckers Outdoor Corporation, the parent company of Teva and other footwear brands such as Ugg, is forming a French subsidiary. Deckers has already taken over its distribution in the U.K. and the Benelux countries. It was handling the French market from its Dutch office, but it has now decided to set up a full-fledged subsidiary in this country. The company's new office in Paris will see the French staff double to 32 people who will be supervised by a freshly minted country manager, Jean-Michel Herrault, who previously ran a French brand of sports clothing, Eider. Meanwhile, Deckers reported that its sales jumped by 49.1 percent to $414.4 million for the quarter for the third quarter until the end of September, with increases of 26 percent in the U.S. and 114 percent in the rest of the world. The results include a 47.3 percent increase in Ugg's sales and a contribution of $15.6 million for Sanuk, the action sports brand acquired in July. The Teva brand's rose by 7.3 percent to $14.7 million in the quarter. The sales of other brands – Ahnu, Tsubo, Mozo and Simple – decreased by 11.7 percent due to the discontinuation of Simple. The company's gross margin improved by 1.8 percentage points to 49 percent, despite a 10 percent increase in input costs, and its net income increased by 48.5 percent to $62.3 million.