Skechers is developing two direct-to-DVD cartoon features, entitled “Hydee and the Hy-top” and “Twinkle Toes.” The move follows its subsidiary Skechers Entertainment's deal to produce its first animated-series, “Zevo-3.”…
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Skechers Launches Shape Ups Education Website
Skechers has launched ShapeUps.EU, a new website offering detailed information on the health benefits of Skechers Shape Ups. The site is aimed at European consumers…
Skechers Breaks Ground on New Distribution Center: Green Factors
Skechers USA looks to minimize both cost and energy consumption in the design of the company’s new 1.82 million square foot distribution center, which recently broke ground in Rancho Belago, CA, and is slated for completion in 2011.
Skechers Breaks Ground on New Distribution Center
Skechers USA, Inc. broke ground on its new 1.82 million square-foot distribution center in Rancho Belago, CA…
Skechers Opens Flagship in London
Skechers USA, Inc. has opened a flagship store in the heart of Covent Garden, London's premier destination for culture and leisure. Exclusively located on the Royal Opera House property across from the famed Covent Garden Market…
Skechers Swings to Q4 Profit on Surge in Sales
Seeing momentum across its lines, Skechers USA Inc. reported sales grew 30.4% in the fourth quarter to $388.6 million. Backlogs were up 40% as of Dec. 31 and are running even higher so far in the first quarter…
Skechers Sees 30% Hike in Q4 Sales
Skechers USA Inc. reported net sales for the fourth quarter of 2009 increased 30.4% to $388.6 million from $298.1 million in the fourth quarter of 2008. Backlogs as of Dec. 31 were up 40%. Earnings reached $27.9 million, or 58 cents a share, rebounding fr
Skechers Supports Haiti Relief Effort
Skechers USA, Inc. said it is donating $100,000 to Haiti earthquake relief efforts as well as 5,000 pairs of shoes to the people of Haiti…
Skechers Forecasts 30% Growth for Q4 Topline
Skechers USA, Inc. said it expects fourth quarter 2009 revenue will be in excess of $385 million compared to $298.1 million in the fourth quarter of the prior year. This represents an increase of over $87 million, or approximately 30% over the company
Skechers to Enter Medical Apparel Market
Skechers USA, Inc. signed a licensing agreement with Strategic Partners, Inc., the makers of Cherokee Medical Apparel, to create and distribute a SKECHERS-branded line of apparel for nurses and other healthcare professionals that will launch in January 20
Skechers Ekes Out Q3 Gain; Backlogs Jump
Skechers USA, Inc. reported its first revenue gain since the third quarter of 2008, driven by high-single digit growth internationally, double-digit improvements in its retail channel, and smaller declines in its domestic wholesale business. Backlogs are
Skechers Sees International, Retail Propel Q3 Sales
SKECHERS USA, Inc. reported net sales for the third quarter ended Sept. 30 were $405.4 million compared to $403.2 million in the third quarter of 2008, and net operating income was $32.4 million, compared to $24.7 million in the third quarter of 2008…
SKECHERS Expands in Mexico with Distribution Deal
Skechers USA, Inc. signed a deal with Grupo Charly, a leading footwear company in Mexico, to exclusively license and distribute SKECHERS footwear in Mexico. With this agreement, SKECHERS footwear is now available to consumers across North America…
Skechers Expands into India
Skechers USA, Inc.announced that it has signed a deal with Winner Sports Pvt. Ltd. to license and distribute SKECHERS footwear and apparel in India…
Skechers CFO Departs
Skechers USA, Inc. announced that Fred Schneider, its CFO, has informed the company of his resignation from his position in order to pursue other interests. Schneider plans to remain with the company through February 2010 in order to enable an orderly tra