Skechers jobs
Skechers to be acquired by 3G Capital in 9.4 billion dollars deal
In a significant development in the footwear industry, Skechers U.S.A., Inc. has announced its agreement to be acquired by global investment firm 3G Capital for approximately 9.4 billion dollars. The transaction, unanimously approved by Skechers' board of directors, will transition the company from a public to a privately held entity. Commenting...
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Skechers’ AI shop assistant is friendly, chatty—and watching what you wear
The physical store is not dead, but it is being reprogrammed. Skechers, the U.S. footwear company known less for fashion cachet than for functional comfort, is attempting a digital leap forward with the launch of Luna—an AI-powered retail assistant installed at its new flagship in Singapore’s Punggol Coast Mall. Described as a “personal stylist,...
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Skechers Q1 sales up, withdraws guidance due to economic uncertainty
Sportswear company Skechers announced its first quarter 2025 financial results, reporting sales of 2.41 billion dollars, a 7.1 percent increase driven by a 7.2 percent increase internationally and a 6.9 percent increase domestically. However, due to macroeconomic uncertainty, Skechers is withdrawing its annual 2025 financial guidance. CEO Robert...
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Skechers Q1 guidance falls short of analyst estimates despite strong Q4
Footwear company Skechers sales of 2.21 billion dollars for the fourth quarter of FY24, increased 12.8 percent meeting Wall Street estimates of 2.22 billion dollars. However, their first-quarter fiscal year 2025 revenue guidance of 2.42 billion dollars fell 2.6 percent short of analysts' expectations. Skechers posts strong Q4 results The company...
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Skechers opens world's first Performance Flagship store in Canada
Footwear and apparel brand Skechers has opened its first-ever Performance store in Canada. A new retail format offering customers an immersive experience, the store includes half-courts where customers can try out the brand’s latest products across several categories, including basketball, running, golf, soccer, and pickleball. An experiential...
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Skechers reports strong growth in Q3 sales and earnings
Skechers reported third quarter sales of 2.35 billion dollars, a 15.9 percent increase over the same period last year. For the fourth quarter, the company expects to achieve sales between 2.165 and 2.215 billion dollars and diluted earnings per share of between 70 cents and 75 cents. For fiscal 2024, Skechers expects sales to be between 8.925...
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Skechers debuts new collection with John Deere
Footwear and apparel brand Skechers has launched a new collection with work and outdoor brand John Deere. The collaborative collection includes footwear styles for men and children that blend John Deere’s heritage with Skechers' innovative comfort-driven technologies. Designed with agricultural professionals, construction workers, outdoor...
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Skechers reports strong Q2 results, sales increase by 7.2 percent
Second quarter sales at Skechers increased 7.2 percent to 2.16 billion dollars as a result of a 6.9 percent increase internationally and a 7.7 percent increase domestically. On a constant currency basis, sales increased 8.7 percent. For the third quarter of 2024, the company expects to achieve sales between 2.30 and 2.35 billion dollars and...
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Skechers expands legwear distribution deal to the UK and Europe
Footwear and apparel brand Skechers has expanded its 20-year legwear licensing partnership with New York-based designer, manufacturer, and distributor of legwear, apparel, and accessories, United Legwear & Apparel Co. (ULAC), to include distribution in the UK and European Union. The license will be managed in these two added territories through...
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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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Skechers unveils apparel collection with Harry Kane
Footballer Harry Kane, the current captain of England, has launched a capsule apparel collection with Skechers. The comfort technology company states that the limited-edition capsule is the first signature collection between the two, following Kane fronting Skechers’ first football boots, which launched in the UK and Europe in September 2023....
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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...
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