Skechers USA Iberia broke €200 million in annual revenues (VAT excluded) in full-year 2023, according to CMDsport.
Aside from a dip in the lockdown year of 2020, the Spanish subsidiary has posted increasing revenues every year for at least the past decade, going from €3.9 million in 2013 to the latest figure of €216.7 million, up 20.2 percent. FY22’s revenues, incidentally, amounted to €180.2 million, up a whopping 56.4 percent year-on-year. All of this is exclusive of VAT.
As for net profits, the figure for 2023 marks another historical first, breaking €3 million. The exact figure was €3.76 million.
