Skechers USA news and archive

Skechers launches collaboration with Diane von Furstenberg

US footwear brand Skechers has teamed up with fashion designer Diane von Furstenberg on a footwear and apparel collaboration. The Skechers x DVF ‘Endless Kisses’ capsule, available globally, blends the designer brand’s recognisable “lips” prints and its use of bold colours with the comfort of Skechers footwear. The footwear range includes...

Business

Skechers posts marginal drop in Q4 sales

Fourth quarter sales at Skechers U.S.A. Inc. decreased 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. Domestic declines were driven by lower retail sales partially offset by growth of 142.7 percent in e-commerce and growth in the wholesale channel....

Business

Skechers Q1 sales and profit plummet due to coronavirus outbreak

First quarter sales at Skechers USA, Inc., decreased 2.7 percent to 1.24 billion dollars, as a result of a 6.8 percent decrease in its international business, which was partially offset by a 2.9 percent increase in the company’s domestic business. On a constant currency basis, the company’s total sales decreased 1.2 percent. Comparable same...

BusinessFeatured

Skechers posts robust rise in Q3 sales and earnings

Skechers USA, Inc., for the third quarter ended September 30, 2019 reported sales growth of 15.1 percent as a result of a 21.9 percent increase in the company’s international business, or 25.7 percent on a constant currency basis, and a 6.7 percent increase in its domestic business. On a constant currency basis, the company’s sales increased...

BusinessFeatured

Skechers posts strong sales and earnings growth in Q2

Second quarter sales at Skechers USA, Inc., the company said, grew 10.9 percent as a result of a 19.8 percent increase in the company’s international business and 1.5 percent in its domestic business. On a constant currency basis, sales increased 13.7 percent. Earnings from operations increased 29.7 million dollars or 36.5 percent to 111.1...