8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 23, 2009

DECKERS OUTDOOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

0-22446	95-3015862
(Commission File Number)	(IRS Employer Identification No.)

495A South Fairview Avenue, Goleta, California	93117
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number, including area code (805) 967-7611

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

       On March 20, 2009, Thomas R. Hillebrandt resigned as chief financial officer and assistant secretary of Deckers Outdoor Corporation (the “Company”) effective as of March 20, 2009.  The Company’s press release dated March 23, 2009 regarding these events is attached hereto as Exhibit 99.1 and is incorporated by reference.  

       Upon Mr. Hillebrandt’s departure, Zohar Ziv, the Company’s current chief operating officer and former chief financial officer, will assume the responsibilities of principal financial and accounting officer from Mr. Hillebrandt on an interim basis.  Mr. Ziv will retain his current position at the Company as chief operating officer.  Mr. Ziv, age 56, has been with the Company for over 3 years and has experience overseeing the Company’s key financial and accounting functions.  Prior to joining the Company, Mr. Ziv served as chief financial officer with EMAK Worldwide, Inc. (NASDAQ: EMAK), a leading global marketing services firm.

Item 9.01.		Financial Statements and Exhibits.
	(d)	Exhibits.
		Exhibit No.	Description
		99.1	Press release, dated March 23, 2009, entitled “Deckers Outdoor Corporation Announces Resignation of Chief Financial Officer Thomas Hillebrandt”

SIGNATURES

            Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Deckers Outdoor Corporation
Date:	March 23, 2009	/s/ Angel Martinez
		Angel Martinez
		President, Chairman and Chief Executive Officer

EX-99.1

Exhibit 99.1

Deckers Outdoor Corporation Announces Resignation of Chief Financial Officer Thomas Hillebrandt

GOLETA, Calif.--(BUSINESS WIRE)--March 23, 2009--Deckers Outdoor Corporation (NASDAQGS: DECK) today announced that Thomas R. Hillebrandt has resigned as Chief Financial Officer and Assistant Secretary effective March 20, 2009 in order to pursue other opportunities.

A search for Mr. Hillebrandt’s successor has been initiated. Zohar Ziv, the Company’s current Chief Operating Officer and former Chief Financial Officer, will function as principal financial and accounting officer until a replacement has been appointed.

Angel Martinez, President, Chairman and Chief Executive Officer, stated, “On behalf of the Company and the Board of Directors, I want to thank Tom for his many contributions. We wish him every success in the future.”

Deckers Outdoor Corporation strives to be a premier lifestyle marketer that builds niche brands into global market leaders by designing and marketing innovative, functional and fashion-oriented footwear developed for both high performance outdoor activities and everyday casual lifestyle use. UGG® Australia, Teva®, Simple® Shoes, TSUBO®, and Deckers® Brand are registered trademarks of Deckers Outdoor Corporation.

This news release contains statements regarding our expectations, beliefs and views about our future financial performance which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," or future or conditional verbs such as "will," "would," "should," "could," or "may" or by the fact that such statements relate to future, and not just historical, events or circumstances, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for the Company's markets and the demand for its products. The forward-looking statements in this news release regarding our future financial performance are based on currently available information as of the date of this release, and because our business is subject to a number of risks and uncertainties, some of which may be beyond our control, actual operating results in the future may differ materially from the future financial performance expected at the current time. Those risks and uncertainties include, among others: the continued decline of the global economy, our ability to anticipate fashion trends, consumer demand or inventory needs; whether the UGG brand will continue to grow at the same rate it has experienced in the recent past; impairment charges related to our brand’s intangible assets if our product sales or operating performance decline to a point that the fair value of our brands’ intangible assets do not exceed their carrying values; shortages or price fluctuations of raw materials that could interrupt product manufacturing and increase product costs; increased costs of manufacturing in China and actions by the Chinese government; currency fluctuations; our ability to implement our growth strategy; the success of our customers, their ability to perform in an adverse economic environment and the risk of losing one or more of our key customers; our ability to develop and protect our brands and intellectual property; the risk that counterfeiting can harm our sales or our brand image; our dependence on independent manufacturers to supply our products; the risk that retailers could postpone or cancel existing orders; unpredictable events and circumstances and currency risks related to our international operations; a downturn in key market economies; volatile credit markets; liquidity and market risks for our cash equivalents and short-term investments; the risk of losing key personnel; a delay or interruption in the delivery of merchandise to our customers, and the sensitivity of our sales to seasonal and weather conditions. Certain of these risks and uncertainties, as well as others, are more fully described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008, which we filed with the Securities and Exchange Commission on March 2, 2009. Readers are cautioned not to place undue reliance on forward-looking statements contained in this news release, which speak only as of the date of this release. The Company undertakes no obligation to publicly release or update the results of any revisions to forward-looking statements, which may be made to reflect new information, events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The risks and uncertainties highlighted herein should not be assumed to be the only items that could affect the future performance or valuation of the Company.

CONTACT:
Company:
Deckers Outdoor Corporation
Zohar Ziv, 805-967-7611
Chief Operating Officer
or
Investor Relations:
Integrated Corporate Relations, Inc.
Chad A. Jacobs/Brendon Frey
203-682-8200