Stung by heavy clearance sales to right-size toning inventories, Skechers USA, Inc. posted a net loss of $29.9 million, or 62 cents a share, in the second quarter…
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Skechers Posts Q2 Loss on 14 Percent Revenue Slump
Skechers USA, Inc. reported sales slid 14.0 percent in the second quarter, to $434.4 million from $504.9 million a year ago. The footwear company lost $29.9 million, or 62 cents a share, in the period versus earnings of $40.2 million, or 82 cents, a year
Patriots RB Danny Woodhead to Endorse Skechers
The Patriots running back signed his first national endorsement deal, a two-year marketing agreement with Skechers Fitness footwear collection…
Skechers Forms Branded Virtual Goods Partnership
Virtual Greats announced they will partner with Skechers to produce and distribute branded virtual goods in various online social media destinations. As one of the leading virtual goods sales and distribution agency, Virtual Greats has already secured dis
Skechers, Li and Fung Team Up for Apparel Line
Li & Fung Ltd.’s LF USA division has teamed up with Skechers USA Inc., to sign a licensing deal to produce men’s and women’s apparel and accessories under the Shape-ups, Tone-ups and Skechers Resistance brands — three lines of shoes inte
Skechers Signs Licenses for Sporting Goods/Safety Gear
Skechers has signed a licensing agreement with Street Flyers, LLC to produce sporting goods and safety gear collections for children and young adults. Both collections are planned to launch in toy and mass market retailers…
Skechers Establishes Fitness Group
Skechers USA, Inc. has developed the Skechers Fitness Group sales force to support the company's increasing focus on technical athletic footwear. With this change, the company created two distinct sales organizations — one to focus on its performanc
Bloggers Lobby Against Skechers Shape-ups for Girls
Skechers has been receiving the ire of parent and womens' groups for its ads for its Skechers Shape-ups for girls. According to the Daily Mail in the United Kingdom, the ads, running on Nickelodeon and the Cartoon Network, “depicts cartoon characters
Skechers Earnings Tumble on Toning Weakness
Skechers USA, Inc. reported first-quarter sales slid 2.0 percent to $476.2 million from $492.8 million a year ago. Operating income tumbled 81.9 percent to $14.7 million compared to $81.0 million in the first quarter of 2010…
Skechers Launches Character Licensing Push
Skechers Entertainment, a division of Skechers USA, Inc., is leveraging its original branded content and characters such as Zevo-3 and Twinkle Toes with a comprehensive global licensing campaign….
Skechers USA Sues Sears for Product Infringement
Skechers USA filed a lawsuit against Sears Holding Corporation for selling footwear that infringes on Skechers' Shape-ups by Skechers, Twinkle Toes by Skechers and Skechers Z-Strap lines…
Skechers Sues Sears for Infringement
Skechers USA has filed a lawsuit against Sears Holding Corporation for selling footwear that infringes on Skechers' Shape-ups by Skechers, Twinkle Toes by Skechers and Skechers Z-Strap product lines. The suit states that Sears Holding Corporation is
Skechers Q4 Net Plunges on Thinning Toning Biz
Slammed by heavy promotions to clear excess toning models, Skechers USA's earnings tumbled 88.5% in the fourth quarter, to $3.2 million, or 7 cents a share….
Skechers Q4 Profits Plummet on Soft Toning Sales
Skechers USA reported sales for the fourth quarter of 2010 increased 17.0% to $454.6 million as compared to $388.6 million in the fourth quarter of 2009. Due to lower gross margins, net earnings tumbled 88.5% to $3.2 million, or 7 cents a share, versus $2
Skechers to Air Super Bowl Commercial Featuring Kim Kardashian
Skechers will air a commercial for its Shape-Ups collection during the Super Bowl. It features its first TV campaign featuring reality TV star, Kim Kardashian…
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