David Weinberg

Skechers U.S.A. Inc. announced on Thursday record sales of $2.25 billion, a 12.5% increase, for the first quarter, on the back of double-digit increases in international and direct-to-consumer sales, respectively. Skechers The Los Angeles-based footwear company quarterly sales increased thanks to a 15.2% increase in international sales, and a 7.8% increase domestically.  Wholesale sales grew $127.1 million, or … Read more

U.S. footwear firm Skechers announced on Thursday record-breaking revenues in 2023, up 7.5% to $8 billion, on the back of another strong quarter ending December 31 thanks to a rebounding Asia-Pacific market. Skechers Fourth quarter sales increased 4.4% as a result of a 6.9% increase internationally and a 0.3% increase domestically. Direct-to-consumer increased 20.3% and … Read more