Welcome to our dedicated page for Skechers Usa news (Ticker: SKX), a resource for investors and traders seeking the latest updates and insights on Skechers Usa stock.
Skechers USA Inc (NYSE: SKX) is a global leader in lifestyle and performance footwear, serving consumers through innovative designs and multi-channel distribution. This news hub provides investors and industry observers with direct access to the company's official announcements and market developments.
Track all essential updates in one centralized location, including quarterly earnings reports, product innovation launches, and strategic partnership announcements. Our curated collection ensures timely access to press releases directly from Skechers' corporate communications team, alongside relevant financial analyses.
Discover updates spanning wholesale operations, retail expansion initiatives, and licensing agreements that shape Skechers' market position. The company's commitment to comfort technology and celebrity-endorsed marketing campaigns remains evident across its communications.
Bookmark this page for convenient access to SKX's latest operational milestones and financial disclosures. Check back regularly to stay informed about this footwear innovator's evolving business strategy and industry leadership.
Skechers USA, Inc. (NYSE: SKX) announces a partnership with The Nature Conservancy, committing at least $800,000 to support environmental protection efforts. The company launches the Our Planet Matters collection, featuring sustainable products made from recycled materials. This initiative aims to enhance consumer awareness regarding sustainability while also addressing climate change and promoting responsible sourcing practices. Skechers emphasizes its commitment to reducing its carbon footprint through various environmental advancements across its operations.
Marcolin and Skechers USA have extended their licensing agreement for the design, production, and distribution of Skechers eyewear until December 31, 2024. The collection includes a variety of eyewear for kids and adults, featuring vibrant colors, exciting prints, and comfortable designs. Skechers eyewear is available at authorized online retailers, select opticians, and various retail outlets worldwide. This partnership enhances Skechers' portfolio, further solidifying its presence in the eyewear market.
SKECHERS USA, Inc. (NYSE:SKX), a leader in global footwear, announced that CFO John Vandemore will participate in a virtual fireside chat at the Morgan Stanley Global Consumer and Retail Conference on December 1, 2021, at 5:45 a.m. PT / 8:45 a.m. ET. The audio will be available live and on replay for 90 days on their investor site. SKECHERS designs, develops, and markets a wide range of footwear and accessories available in over 170 countries through various retail channels.
Skechers has enlisted NASCAR Hall of Famer Rusty Wallace for a multi-platform marketing campaign promoting its men’s footwear featuring Goodyear® Performance Outsoles. The campaign aims to tap into Wallace's racing fame and energetic personality to reach a wider audience, particularly within the stock car racing fanbase. Wallace emphasizes the comfort of Skechers footwear, reflecting the brand's focus on innovative comfort technologies. This partnership continues Skechers' strategy of leveraging sports icons for product promotion, aiming to drive sales and brand awareness.
Skechers has signed retired NFL star Cris Carter as the face of its upcoming multichannel campaign for Skechers Max Cushioning footwear and apparel. Carter, a Pro Football Hall of Famer and former Minnesota Vikings player, will help promote the brand's commitment to comfort technology. Skechers has a rich history of innovation, featuring technologies like Skechers Arch Fit Technology and AIR-Cooled Memory Foam. The partnership aims to enhance brand visibility among football fans and highlight the comfort of Skechers products.
SKECHERS USA, Inc. (NYSE:SKX) has announced that CFO John Vandemore will participate in a virtual fireside chat at the Berenberg US CEO Conference on November 10, 2021, at 8:00 a.m. PT. The session will be available for live streaming and replay for 90 days on the company's investor website.
SKECHERS designs and markets footwear and apparel across various demographics, available in the U.S. and over 170 countries, through retail stores and online platforms.
Skechers U.S.A., Inc. (SKX) reported a record third-quarter sales of $1.55 billion for the period ending September 30, 2021, marking a 19.2% increase year-over-year. Diluted earnings per share rose significantly by 61.0% to $0.66. Direct-to-Consumer sales surged by 44.1%, while wholesale sales grew by 10.5%. The company anticipates ongoing supply chain challenges but remains optimistic about future growth as improvements in logistics are noted. Skechers continues to invest in product innovation and advertising, leading to enhanced gross margins of 49.6%.
The Skechers Pier to Pier Friendship Walk raised over $2.6 million this year, bringing its total to more than $17 million in 13 years for children with special needs and education. The event saw approximately 17,000 participants and featured notable appearances and performances. Skechers co-founder Michael Greenberg emphasized the importance of these funds in improving lives and stated that initiatives funded will redefine possibilities for children with special needs. The Friendship Foundation will break ground on a new campus in 2023 to further support education and job training.
Kinecta Federal Credit Union is set to be the presenting sponsor for the 13th Annual Skechers Pier to Pier Friendship Walk on October 24, 2021. The event aims to raise $2.5 million to support children with special needs and students. Since its inception in 2009, the walk has gathered over 17,000 participants and raised more than $17 million for public schools and the Friendship Foundation. Kinecta, recognized for its community involvement, invites the public to register for this significant charitable event.
