All Skechers articles
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ArticleSkechers raises full-year earnings guidance as DTC continues to bolster Q3 sales gains
Skechers once again raised its earnings guidance for the full year after reporting better-than-expected results in the third quarter and despite continued uncertainty about the macroeconomic environment and consumer spending. Sales in the three months ended Sept. 30 reached a record $2,025.0 million, up by 7.8 percent compared to the ...
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ArticleSkechers commits to English pickleball
Skechers has been named the official footwear sponsor of the 2023 English Open and English Nationals pickleball tournaments by Pickleball England. Last year, Skechers signed its first two elite pickleball athletes in the US and Canada, Tyson McGuffin and Catherine Parenteau. Shortly thereafter, the brand introduced the ...
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News briefsSkechers acquires Scandinavian distributor
Skechers has signed an agreement to acquire its existing Scandinavian distributor, Sports Connection Holding ApS. Sports Connection’s business includes 58 existing Skechers retail locations, several e-commerce solutions and more than 1600 wholesale customers. The company was established in Denmark in 1994 and has been Skechers’ exclusive distributor in the Nordic ...
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ArticleSkechers opens flagship store in Ireland
Source: Business Wire Skechers opens its first flagship store on Grafton Street, expanding the company’s presence in Ireland Skechers has opened a flagship store on Dublin’s Grafton Street. In addition to the Henry Street concept store and four other retail outlets in the greater Dublin area, the ...
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News briefsSkechers sues Hermès over patent infringement
Skechers USA has sued French fashion house Hermès International and Hermès of Paris for patent infringement of its proprietary Massage Fit® sole technology. The lawsuit was filed on Oct. 18 in the United States District Court for the Southern District of New York in Manhattan. In 2022, Hermès introduced two ...
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ArticleSkechers performs despite China, supply chain concerns
Net income jumped 23 percent to $121.2 million in the first quarter on 27 percent revenue growth to a record $1.82 billion versus $1.43 billion for the period ended March 31. Skechers’ top and bottom-line gains were accomplished despite a challenging environment in the APAC region and persistent higher unit ...
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News briefsSkechers launches pickleball footwear and sponsors US Open
Skechers is getting involved in one of the fastest-growing sports in North America as the official footwear sponsor of the US Open Pickleball Championships, organized by Spirit Promotions since 2016. With no corresponding footwear in the Skechers collections until now, the brand will introduce a range of specific Skechers pickleball ...
