Skechers has set up a new sales subsidiary in Panama to oversee more than 30 countries in Latin America including Panama, Peru, Colombia and Costa Rica. It will trade directly in these four markets instead of working with its largest distributor in the region, Dabsan International. The brand will take over ownership of 21 Skechers stores in the region and add new ones, while expanding its wholesale account base. Dabsan's president, Daniel Bassan, will help manage the new Skechers Latin America, based in Panama City, which will have offices also in Costa Rica, Colombia and Peru. It will also cover the Caribbean, Ecuador, Guatemala, El Salvador and Nicaragua. Skechers already has sales subsidiaries in Brazil and Chile. The company will continue to trade through distributors in Mexico, Argentina and Uruguay.

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