Skechers USA Inc. news and archive

Skechers welcomes Sofía Vergara as new brand ambassador

Skechers is pleased to introduce the world-renowned actress, entrepreneur and fashion icon Sofía Vergara as its new brand ambassador. Known for her distinctive style and charismatic presence, both in front of and behind the camera, Vergara will help Skechers shape the future of footwear fashion that combines style and comfort. Throughout her...

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Business

European Commission approves Skechers acquisition by 3G Capital

Investment firm 3G Capital Partners LP (3G Capital) has been granted approval to acquire the American footwear brand Skechers. The European Commission announced this in a press release on Tuesday, July 1. Although both companies operate from the US, their activities in the European market require approval from the European Commission. Skechers...

People

Skechers signs footballer Mohammed Kudus for Skechers Football

Skechers has signed West Ham United and Ghana National Team football player Mohammed Kudus to its growing roster of athletes. Set to star in several marketing campaigns for Skechers Football, the footwear and apparel brand, Kudus previously played in Razors from the brand and will now showcase Skechers' new Evolution Pack. Marking a year since...

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Report

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,...

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Management

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...

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Report

Skechers´ Q1 profits increase 25.2 percent

US shoe maker Skechers said on Thursday its Q1 net profit increased 25.2 percent. Revenues increased by 16.5 percent from the same period last year. The company’s net profit for Q1 2018 was 117.7 million US dollars, up from 94 million US dollars a year earlier. Revenues increased to 1250 million US dollars. Skechers USA, Inc. Was founded 1992...