Skechers U.S.A., Inc. significantly raised its guidance for the year after reporting earnings and sales in the second quarter that came in well ahead of guidance. Sales rose 127 percent in the second quarter year-over-year and gained over 30 percent as compared to the second quarter of 2019.
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Skechers Named Official Team Footwear Supplier Of 2021 Solheim Cup
For the first time, Skechers has been named the official footwear supplier of both the European and United States Solheim Cup Teams for the 2021 tournament.
Skechers Signs Second Soccer Endorsee
Skechers signed Michael Ballack, one of Germany’s top-scoring midfielders, to an endorsement deal.
Inside The Call: Skechers’ Q1 Tops Expectations On China Boost
Skechers USA’s first-quarter earnings topped Wall Street’s target on robust international gains, driven by China. Domestic wholesale sales were down slightly due to logistics challenges but Skechers’ officials said demand for its comfort footwear remains strong. They also expect to gain market share as Nike streamlines its wholesale account base.
Skechers’ Profits Surge In First Quarter
Skechers U.S.A., Inc. saw earnings double in the fourth quarter as sales grew 15.0 percent. International Wholesale sales grew 23.8 percent while direct-to-consumer sales jumped 18.1 percent. The company also predicted sales will advance about 26 percent in 2021.
Inside The Call: Skechers Q4 Results Hurt By Over-Reliance On Owned-Retail Stores
Skechers USA posted flat sales in the 2020 fourth quarter even as its direct-to-consumer business took a hit from closed owned-retail stores and the subsidiary’s business in Latin America and Europe surged with strong double-digit growth.
Skechers Posts Weaker Q4 Profit As Pandemic Takes A Toll On Owned Stores
Skechers U.S.A., Inc. saw 2020 fourth quarter sales decrease 0.5 percent as a result of a 2.8 percent decrease in the company’s domestic sales partially offset by a 1.1 percent increase internationally.
Skechers Launches Collaboration With Artist James Goldcrown
Launching in time for Valentine’s Day, international muralist James Goldcrown brings his Love Wall heart designs to the Skechers x JGoldcrown global collaboration. The artist’s prints appear on lifestyle products for women and girls—with the initial launch on Skechers Uno fashion sneakers, 90s retro Skechers Roadies sneakers, and BOBS from Skechers canvas slip-on and sandals. […]
Skechers Launches Collaboration With Artist James Goldcrown
Launching in time for Valentine’s Day, international muralist James Goldcrown brings his Love Wall heart designs to the Skechers x JGoldcrown global collaboration. The artist’s prints appear on lifestyle products for women and girls—with the initial launch on Skechers Uno fashion sneakers, 90s retro Skechers Roadies sneakers, and BOBS from Skechers canvas slip-on and sandals. […]
Inside The Call: Skechers Capitalizes On COVID-Driven Work And School Trends In Q3
Skechers USA saw sequential improvement in its business in the third quarter as trends for work and school during the pandemic was seen to fit well within its product and brand assortment as consumers locked down and focused more on comfort.
Skechers’ Q3 Sales Dip 4 Percent
Skechers USA Inc. reported sales of $1.30 billion in the third quarter ended September 30, a 3.9 percent decrease year-over-year, but a 78.3 percent increase from the second quarter 2020. On an adjusted basis, earnings per share were down 20.9 percent to 53 cents, easily topping Wall Street’s consensus target of 34 cents. Other highlights […]
Skechers 12th Annual Pier To Pier Friendship Walk Goes Virtual
The 12th Annual Skechers Pier to Pier Friendship Walk will be held virtually on October 25. The event supports kids with special needs and education. This year’s goal is to raise $2 million. The event will be hosted by South Bay residents and supported by local media, celebrities and more than 100 companies. “The Skechers […]
Skechers 12th Annual Pier to Pier Friendship Walk Goes Virtual
The 12th Annual Skechers Pier to Pier Friendship Walk will be held virtually on October 25. The event supports kids with special needs and education. This year’s goal is to raise $2 million. The event will be hosted by South Bay residents and supported by local media, celebrities and more than 100 companies. “The Skechers […]
BOBS From Skechers Footwear Donations Surpass 16 Million Pairs
With 105,000 pairs of BOBS from Skechers donation clogs en route to Lebanon, Romania and Nicaragua, Skechers has now given more than 16 million new pairs of shoes to kids around the world.
Skechers Opens Flagship On Rue de Rivoli In Paris
Skechers has opened a flagship store on Rue de Rivoli, one of the biggest shopping boulevards in Paris. The new store offers a full Skechers retail experience that will appeal to locals and eventually returning visitors to shop an expanded range of Skechers lifestyle and performance footwear and apparel.
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