Skechers USA, Inc. has secured its 70th patent worldwide for its Shape-ups footwear line…
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Skechers Signs Licensing Deal with Olivet
Skechers USA, Inc. signed a licensing agreement with Olivet International for Skechers-branded luggage and travel accessories for men, women and kids…
Skechers: Independent Review Board Affirms Claims
Skechers USA is asserting that an independent review board from New Zealand attested that Skechers' Shape-ups advertising claims are accurate, truthful and “prepared with a due sense of social responsibility to consumers and society.”…
Skechers Steps Up Defense Against Shape-ups Critics
Skechers USA has hired crisis PR firm Sitrick & Co. as a further PR offensive to respond to critics who question the effectiveness of toning shoes, according to the Los Angeles Business Journal. The company had already hired defamation attorney Anthony Gl
Skechers Wraps ‘Shape-up America Tour’ in NYC
Skechers USA Inc. on Thursday wrapped up a 20-city tour in New York City's Times Square. Fitness expert Denise Austin hosted the festivities in Times Square, which included…
Skechers Defends Toning Footwear
SKECHERS USA, Inc. today said that the two recently filed civil class actions disclosed in its Form 10-Q for the quarter ended June 30, 2010 each have only a single plaintiff and both are completely baseless…
Skechers: Civil Complaints Against Shape-Ups are ‘Completely Baseless’
Skechers USA, Inc. recently said that the two recently filed civil class actions disclosed in its Form 10-Q for the quarter ended June 30, 2010 each have only a single plaintiff and both are “completely baseless.”…
Skechers USA Delivers Blow Out Second Quarter
Riding the toning craze, Skechers USA's Q2 sales catapulted 68.9% to $504.9 million, the highest in its 18-year history…
Skechers’ Q2 Revenues Vault 69%
Skechers USA Inc. reported second quarter sales increased 68.9% to $504.9 million from $299.0 million a year ago. Earnings climbed to $40.2 million, or 82 cents a share, rebounding from a loss of $5.9 million, or 13 cents, a year ago..
Skechers Shares Under Pressure Over Toning Concerns
Shares of Skechers USA have fallen 20% since June 18, apparently over fears of discounts, slower sales, and the evolution of toning product. But in a note entitled “Negative Chatter Unwarranted,” Chris Svezia, an analyst at Susquehanna International Group
Asics Seeks Injunction and Damages From Skechers USA
Asics America Corporation and ASICS Corporation Japan announced that they have filed a lawsuit in the U.S. District Court, Central District of California against Skechers USA, Inc. for trademark infringement, unfair competition, trademark dilution and fal
Skechers Launching Branded Line of Backpacks and Bags
Skechers USA, Inc. has signed a licensing agreement with Global Design Concepts to design, produce and distribute Skechers -branded backpacks, messenger and tote bags for men, women and kids…
Skechers Launches Leather Accessories Collection
Skechers USA, Inc. signed a licensing agreement with French Craft Leather Goods Co., Inc. to design, produce and distribute a Skechers-branded line of leather goods and accessories for men, women and kids. The new line of belts, buckles and wallets will h
Skechers Profits Soar as Q1 Revenues Jump 44%
With a spike in margins and a 43.5% sales hike with the help of Shape Ups and Tone Ups, Skechers USA's Q1 earnings shot up nearly six-fold to $56.3 million, or $1.15 a share, from $8.2 million, or 15 cents, in the year-ago quarter…
Skechers Profits Soar as Q1 Revenues Catapult 44%
Skechers Inc. reported first-quarter sales jumped 43.5% to $492.8 million compared to $343.5 million in the first quarter of 2009. Operating income for the first quarter of 2010 was $81.0 million compared to $6.2 million in the first quarter of 2009…
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