Skechers USA Inc. news and archive

Skechers achieves Q1 sales growth of 12.5 percent

Skechers first quarter sales increased 12.5 percent as a result of a 15.2 percent increase internationally and a 7.8 percent increase domestically. “For the first quarter, Skechers achieved a new sales record of 2.25 billion dollars, EPS of 1.33 dollars, gross margins of 52.5 percent and an operating margin of 13.3 percent, all notable...

Fashion

Marcolin and Skechers renew global eyewear licensing deal

Eyewear manufacturer Marcolin and American sneaker brand Skechers U.S.A. Inc. have announced the early renewal of their global eyewear licensing agreement. The partnership, where Marcolin designs, manufactures and distributes worldwide Skechers sunglasses, eyeglasses and kids’ eyewear, started in 2014 and has been extended until December 31,...

BusinessFeatured

Skechers Q4 sales and profit increase

Sales at Skechers USA Inc., grew 23.1 percent as a result of a 31.2 percent increase in the company’s international business or 32.3 percent on a constant currency basis, and a 13 percent increase in its domestic business to 1,330.7 million dollars. On a constant currency basis, the company’s total sales increased 23.8 percent. Comparable same...