Is Teva owned by HOKA?

No. Teva and HOKA are separate footwear brands in the Deckers Brands portfolio. Teva is not a sub-brand of HOKA.

Is Teva a good shoe brand?

Teva is an established outdoor footwear brand that created the sport-sandal category and developed the Universal Strapping System. Suitability depends on the specific model, intended activity and individual fit.

What is Teva known for?

Teva is known for sport sandals with adjustable straps and for developing the Universal Strapping System. The brand later expanded into lifestyle footwear, trail footwear and other outdoor-oriented products.

Who founded Teva footwear?

Mark Thatcher founded Teva footwear. Thatcher was a Grand Canyon river guide and geophysicist who created the first Teva sport sandal in 1984.

Is Teva 54 the same as Xanax?

Questions about Teva 54 and Xanax concern pharmaceutical products, not Teva sandals or footwear. A pill should not be identified from a search term alone, and medication questions should be checked with a pharmacist or another qualified medical professional.

Who owns Teva?

Teva

Ultimate ownerIsraelTeva Pharmaceutical Industries Ltd.

Made O'Meter is free and ad-free, built to keep ownership like this transparent.

Brand origin: Israel
Main production: Several countries, incl. Ireland

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About Teva

What is Teva?

Teva is an outdoor footwear brand founded in 1984 by Mark Thatcher, a Grand Canyon river guide and geophysicist. Teva is best known for sport sandals built around an adjustable strapping system, and the brand also sells lifestyle and performance footwear. Teva is pronounced “Teh-vah,” according to the brand’s published history. The name is associated with the Hebrew word for nature. Teva became a global cultural phenomenon in 1991, according to the brand’s published history. Outside Magazine named Teva among its 100 Most Influential Gear items in 2012. Teva products were sold in more than 40 countries worldwide in 2019. Current Deckers materials describe Teva as a division of Deckers Brands. Deckers Brands’ portfolio also includes UGG and HOKA. Teva and HOKA are separate brands within that portfolio, rather than one brand owning the other. Teva’s official website is teva-eu.com.

Who owns Teva?

Teva is ultimately owned by Teva Pharmaceutical Industries Ltd., headquartered in Israel, according to Made O'Meter's ownership data verified on 13 September 2026. The ultimate owner is a publicly listed company. Current corporate materials also describe Teva footwear as a division of Deckers Brands, the corporate successor to Deckers Outdoor Corporation. Deckers Brands is headquartered in Goleta, California, and its portfolio includes Teva, HOKA and UGG. This means Teva footwear and Teva Pharmaceutical Industries Ltd. are separate businesses that share the name Teva in different product categories. Deckers acquired Teva’s worldwide patents, trademarks, intellectual property, catalog and internet-retailing business from Mark Thatcher and Teva Sport Sandals, Inc. on 25 November 2002. Deckers announced the acquisition at an approximate price of $62.0 million. The announced consideration included $43.0 million in cash, a $13.0 million subordinated note, $5.5 million in preferred stock, common shares and stock options. Deckers later reported total consideration of approximately $62.3 million, including approximately $300,000 in transaction costs. Teva footwear accounted for approximately 67 percent of Deckers’ total sales in 2001, before the acquisition was completed.

Where does Teva come from?

Teva originated in the United States in 1984, when Mark Thatcher created the first Teva sport sandal on the banks of the Grand Canyon. Thatcher was working as a river guide and needed footwear that would stay attached to his feet in moving water. Thatcher made the original sandal by attaching two Velcro watchbands to an old pair of flip-flops. The design helped prevent the flip-flops from floating downstream. Thatcher arranged for California Pacific to manufacture the first Teva sandals in 1984. California Pacific later claimed rights to the Teva name and patent. Thatcher won the resulting court case in 1985. After the court victory, Thatcher moved the company to Flagstaff, Arizona, and operated it as a family business. Deckers began selling Teva sport sandals under a licensing agreement with Thatcher in 1985. In 1986, Deckers developed the Universal Strapping System, which helped establish Teva as the creator of the sport-sandal category. Teva received its first patent for the Universal Strapping System in 1987. Deckers acquired Teva’s worldwide intellectual property and related assets from Thatcher in 2002. Teva launched the Where to Next? campaign in 2024 to mark its 40th anniversary and the creation of the sport-sandal category.

What products does Teva make?

Teva makes sport sandals, casual footwear and performance footwear for outdoor and everyday use. The brand’s product range includes adjustable-strap sandals, lifestyle sandals, walking shoes, trail footwear and insulated or weather-oriented styles. Teva’s best-known design feature is the Universal Strapping System. The system uses adjustable straps to secure the foot and became central to Teva’s sport-sandal identity. Deckers developed the system in 1986, and Teva received its first patent for it in 1987. The Hurricane is one of Teva’s established sandal franchises. Current collections also include Aventrail, ReEmber and Trailpeak. Deckers described Trailpeak as Teva’s first high-performance daily trail-running shoe and as the first footwear product fully co-created with athletes from Teva’s Bureau of Adventure. Teva’s product range has expanded beyond the original water-oriented sandal. The brand now presents footwear for trail use, everyday wear and other outdoor activities. Teva’s published history identifies the original sport sandal as the product that created the brand’s category.

Is Teva owned by Israel?

Teva footwear is listed by Made O'Meter as ultimately owned by Teva Pharmaceutical Industries Ltd., a publicly listed company headquartered in Israel. Teva footwear originated in the United States, where Mark Thatcher created the first sandal in the Grand Canyon in 1984. The footwear brand should not be confused with Teva Pharmaceutical Industries Ltd., the Israeli pharmaceutical company. Current Deckers materials identify Teva footwear as a division of Deckers Brands, whose corporate materials list Teva alongside HOKA and UGG. The ownership answer and the origin answer are different. Made O'Meter identifies Israel as the country where the brand originated in its ownership data, while the documented product history places the creation of the first Teva sandal in the United States.

Who is Teva shoes owned by?

Teva shoes are operated as part of Teva footwear, which current Deckers materials describe as a division of Deckers Brands. Made O'Meter identifies Teva Pharmaceutical Industries Ltd., headquartered in Israel, as the ultimate owner of the brand. Deckers acquired Teva’s worldwide patents, trademarks, intellectual property, catalog and internet-retailing business from Mark Thatcher and Teva Sport Sandals, Inc. on 25 November 2002. Deckers had previously sold Teva sandals under a licensing agreement beginning in 1985. Teva shoes are not owned by HOKA. HOKA and Teva are separate brands in the Deckers Brands portfolio.

Is Teva an Israeli company?

Teva footwear is associated with Israel in Made O'Meter’s ownership data, but the documented origin of the footwear product is the United States. Mark Thatcher created the first Teva sport sandal in 1984 while guiding rivers in the Grand Canyon, and he later moved the business to Flagstaff, Arizona. The current Deckers materials describe Teva footwear as a division of Deckers Brands, an American footwear company headquartered in Goleta, California. Teva Pharmaceutical Industries Ltd. is a separate Israeli pharmaceutical company that uses the same name. The name Teva is connected with the Hebrew word for nature. That linguistic connection does not change the documented location where the sport sandal was created.

How did Teva become a sport-sandal brand?

Teva became a sport-sandal brand after Mark Thatcher adapted a flip-flop with Velcro watchbands so it would stay on his feet during Grand Canyon river trips. California Pacific manufactured the first sandals in 1984, and Deckers later developed the Universal Strapping System. Deckers began selling Teva sandals under license in 1985. The Universal Strapping System, developed in 1986, helped establish Teva as the creator of the sport-sandal category. Teva received its first patent for the system in 1987. The 2002 acquisition transferred Teva’s worldwide patents, trademarks and other intellectual property to Deckers. The acquisition allowed Deckers to own the principal worldwide assets associated with Teva footwear.

Where are Teva products sold?

Teva products were sold in more than 40 countries worldwide in 2019. Deckers reported international net sales of $22.345 million in 2003, representing approximately 18.5 percent of Deckers’ total net sales. Teva’s distribution has included online retail, outdoor retailers, department stores and specialty footwear stores. Deckers’ 2002 acquisition announcement specifically included Teva’s catalog and internet-retailing business. Current Deckers materials describe the company’s brands as being distributed through company-operated retail stores, select department and specialty stores and online stores. Teva’s current collections include products aimed at both outdoor activities and everyday use.

Is Teva the same company as Teva Pharmaceuticals?

Teva footwear and Teva Pharmaceuticals are different businesses that operate in different product categories. Teva footwear makes sandals and other footwear, while Teva Pharmaceutical Industries Ltd. is a pharmaceutical company. The shared name can create confusion in searches for Teva pills, Teva 3147, Teva 54, Xanax and benzodiazepines. Those searches concern pharmaceutical products and should not be used to identify Teva sandals or Teva shoes. Teva footwear’s documented history begins with Mark Thatcher’s 1984 sport sandal in the Grand Canyon. The footwear business later became part of Deckers through the 2002 acquisition of Teva’s intellectual property and related assets.

Frequently asked questions about Teva

Who owns Teva sandals?: Teva sandals are operated as part of Teva footwear, which current Deckers materials describe as a division of Deckers Brands. Made O'Meter identifies Teva Pharmaceutical Industries Ltd., headquartered in Israel, as the ultimate owner of the brand.
Is Teva owned by HOKA?: No. Teva and HOKA are separate footwear brands in the Deckers Brands portfolio. Teva is not a sub-brand of HOKA.
Are Teva shoes made by an Israeli company?: Teva footwear originated in the United States, where Mark Thatcher created the first sandal in the Grand Canyon in 1984. Made O'Meter identifies Teva Pharmaceutical Industries Ltd., headquartered in Israel, as the ultimate owner, while current Deckers materials describe Teva footwear as a division of Deckers Brands.
Is Teva a good shoe brand?: Teva is an established outdoor footwear brand that created the sport-sandal category and developed the Universal Strapping System. Suitability depends on the specific model, intended activity and individual fit.
What is Teva known for?: Teva is known for sport sandals with adjustable straps and for developing the Universal Strapping System. The brand later expanded into lifestyle footwear, trail footwear and other outdoor-oriented products.
Who founded Teva footwear?: Mark Thatcher founded Teva footwear. Thatcher was a Grand Canyon river guide and geophysicist who created the first Teva sport sandal in 1984.
Is Teva 54 the same as Xanax?: Questions about Teva 54 and Xanax concern pharmaceutical products, not Teva sandals or footwear. A pill should not be identified from a search term alone, and medication questions should be checked with a pharmacist or another qualified medical professional.
Is Teva a pharmaceutical company?: Teva footwear is not a pharmaceutical company. Teva Pharmaceutical Industries Ltd. is a separate Israeli pharmaceutical business that shares the Teva name.