Skechers USA signed a worldwide licensing agreement with TapouT, the mixed martial arts apparel, gear and lifestyle brand. The new TapouT footwear line is launching as a focused men’s collection available in select department and specialty stores across N
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Skechers to Produce TapouT Footwear Line
SKECHERS USA announced it has signed a worldwide licensing agreement with TapouT, the mixed martial arts (MMA) apparel, gear and lifestyle brand. The new TapouT footwear line is launching as a focused men’s collection available in select department and sp
Skechers, Adjmi Team Up for Kids Apparel Line
Skechers USA said that Adjmi Apparel Group has been named the licensee for a new Skechers-branded children’s clothing line set to launch in Fall 2009 at department, specialty and online retailers that carry Skechers Kids footwear…
Crocs and Skechers Settle Litigation
Crocs, Inc. and Skechers, Inc. have agreed to settle all outstanding worldwide litigation, including a US District Court action in Colorado. The lawsuits concern Crocs' proprietary footwear and allege that Skechers infringed a number of Crocs' P
Skechers Opens San Francisco Store
Skechers USA, Inc. opened a flagship store in the heart of San Francisco’s premier shopping area. The three-floor Skechers location is also the company’s largest concept store at 7,500 square feet. The store features 800 unique styles and can house 20,000
Skechers Opens Flagship in San Francisco
Skechers opened a high-profile flagship store in the heart of San Francisco's premier shopping area — just off the Powell and Market streets' cable car stop and bordering Union Square. The three-floor Skechers location is also the Company'
Skechers USA Lowers Q4 Guidance on Weakening
Although international remains a strong spot for Skechers USA, weakening sales in the U.S. prompted the company to lower its fourth quarter guidance. SKX now expects fourth quarter sales in the range of $305 million to $320 million, and EPS in a range of
Skechers USA Lowers Q4 Guidance on Weakening US Sales
Although international remains a strong spot for Skechers USA, weakening sales in the U.S. prompted the company to lower its fourth quarter guidance. SKX now expects fourth quarter sales in the range of $305 million to $320 million, and EPS in a range of
Skechers Sets Third Quarter Sales Record
Skechers USA Inc. reported record sales of $403.2 million for the three months ended Sept. 30. The company said that based on its high, single-digit backlog increase and reports by retailers, it appears well positioned to weather any economic downturn. Ea
SKECHERS Expands into Hong Kong
SKECHERS USA, Inc. announced that it has expanded its operations in Hong Kong and Macau through a joint venture (known as SKECHERS Hong Kong Limited) with the Onwel Group, a leading fashion company in the region. The new joint venture in Hong Kong follows
Skechers Rolls Out Bid for Heelys
Skechers USA Inc. makes an unsolicited offer to pay $142.8 million for Heelys Inc., but the struggling wheeled sneaker maker rejected the offer as being too low…
Heelys Says ‘No,’ but Skechers Persists…
It appears the mail trucks between Manhattan Beach, CA and Dallas, TX are pretty full these days. As SEW reported last week, Skechers USA Inc. would like to be in discussions to acquire Heelys Inc. However, it seems Heelys has no interest. Tuesday aftern
Skechers Responds to Heelys’ Rejection
Skechers USA Inc. has issued a statement in response to Heelys’ rejection of Skechers’ proposal to enter into discussions regarding a business combination. “We are disappointed in Heelys’ response to our proposal. We continue to believe our offer provides
Heelys Rejects Skechers Second Bid
Heelys Inc. rejected a second unsolicited buyout offer from Skechers USA Inc., saying the $142.8 million cash offer is too low. In a statement issued after the market close on Tuesday, the maker of wheeled shoes for children said its board rejected Skeche
Skechers Offers $143 million for Heelys
After Skechers USA Inc.’s first attempt to acquire Heely’s Inc. was delclined, Skechers CEO Robert Greenberg has proposed an upgraded offer to Gary Martin, chairman of the board of directors for Heelys. According to a letter written by Greenberg to Marti