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Skechers Appoints Board Member 

Skechers USA, Inc. announced that Yolanda Macias had been appointed to its Board of Directors. The appointment brings the total number of directors to eight, including five independent members.

Skechers Partners With Decentraland

Skechers said it has become the first lifestyle brand to sign a lease in the Fashion District of Decentraland. The company also recently filed trademark applications to sell virtual goods, including footwear and apparel to explore new growth opportunities in the metaverse.

Skechers Signs As Official Footwear Sponsor Of US Open Pickleball Championships

Skechers announced it has signed on as the official footwear sponsor of the US Open Pickleball Championships. “Pickleball adds another pillar to our established running, golf and performance walking business. This sport is easy to learn and great for families, so footwear featuring our advanced comfort technologies will be a perfect fit for casual and […]

Skechers Signs As Official Footwear Sponsor Of US Open Pickleball Championships

Skechers announced it has signed on as the official footwear sponsor of the US Open Pickleball Championships. “Pickleball adds another pillar to our established running, golf and performance walking business. This sport is easy to learn and great for families, so footwear featuring our advanced comfort technologies will be a perfect fit for casual and […]

Skechers Announces Record Fourth Quarter And Annual Sales

Skechers USA, Inc. reported earnings nearly doubled year-over-year in the fourth quarter and came in well ahead of Wall Street’s estimates. Sales in the quarter grew 24.4 percent, driven by increases of 30 percent in both its International Wholesale and direct-to-consumer businesses and 5 percent in Domestic Wholesale.

Skechers Announces Changes To Its Board Of Directors

Skechers USA Inc. announced that Zulema Garcia has been named to its Board of Directors and appointed to serve on the company’s Audit Committee. The company also announced that four current members—Jeffrey Greenberg, Geyer Kosinski, Richard Rappaport, and Tom Walsh—have resigned from the Board bringing the total number of directors to seven.

Skechers Faces Activist Investor

Tremblant Capital Group, which owns 5.1 percent of Skechers, wrote to the company’s board Wednesday urging it to end its Skechers’ dual-class share structure, start an aggressive share buyback program, pay a dividend and improve its communication with investors, according to a regulatory filing.

Inside The Call: Skechers Bullish On Holiday Despite Supply Chain Hurdles

Skechers USA reported strong earnings and sales gains in the third quarter but delays tied to supply chain constraints caused both to come in below guidance and the company’s outlook was slightly reduced for the full year. Skechers officials see the logistics challenges easing somewhat and remained upbeat on holiday selling.