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Skechers U.S.A., Inc. - SKX STOCK NEWS

Welcome to our dedicated page for Skechers U.S.A. news (Ticker: SKX), a resource for investors and traders seeking the latest updates and insights on Skechers U.S.A. stock.

Skechers U.S.A., Inc. (symbol: SKX) is a global leader in the high-performance and lifestyle footwear industry, boasting a two-billion-dollar market presence. The company designs, develops, and markets over 3,000 styles catering to men, women, and children. Skechers' achievements are deeply rooted in its dedicated employees, high-quality and diverse product offerings, and extensive domestic and international distribution channels. The company's success is further amplified by its targeted multi-channel marketing strategies.

Skechers operates through two main footwear categories:

  • Lifestyle Division: This includes popular lines like Skechers Memory Foam and BOBS from Skechers, a charity initiative.
  • Skechers Performance: Featuring the well-known Skechers GOrun and Skechers GOwalk footwear, designed for athletic and casual wear.

In addition to footwear, Skechers has expanded its brand through licensing agreements to offer a wide range of products, including apparel, bags, eyewear, and more. The company's products are available through various sales channels such as department and specialty stores, athletic and independent retailers, boutiques, and internet retailers.

Endorsements from celebrities like Ringo Starr, Demi Lovato, Kelly Brook, Brooke Burke-Charvet, Joe Montana, Joe Namath, and Pete Rose bolster the brand's appeal and visibility in the market.

Skechers' operations are divided into two segments: Wholesale and Direct-to-Consumer, with the Wholesale segment generating the maximum revenue. This strategic segmentation allows the company to efficiently manage its vast array of products and distribution channels.

With continuous innovation and expansion, Skechers remains a significant player in the global footwear market, known for its commitment to quality and customer satisfaction.

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Skechers' BOBS division has donated over $10 million since 2015 to support 1.9 million shelter pets. They are launching a year-long awareness campaign with a design scholarship to improve shelter animals' lives.
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Global superstar striker Harry Kane has signed a long-term partnership with Skechers and will be wearing their new SKX_01 football boots. He will also appear in a multiplatform marketing campaign as a brand ambassador. The boots will be launching in the UK and Europe in September. Kane transferred to FC Bayern Munich and will wear the unmasked version of the boots in his first match tomorrow.
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Skechers (SKX) Launches New Visual Artist Series with Jen Stark, Featuring Vibrant Drip Patterns on Women's Styles
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SKX: Skechers USA, Inc. commits $250,000 and supplies to aid Maui fire recovery
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Skechers (SKX) and Snoop Dogg launch multi-year partnership with the release of the Skechers x Snoop Dogg collection, featuring street-ready sneakers for all lifestyles. The initial OG and Remix Capsule of unisex styles is available now, with two limited-edition capsules set to launch in the coming weeks. Snoop's unique design vision combined with the comfort of Skechers results in an authentic collaboration and partnership.
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Skechers announces record quarterly sales of $2.01 billion, a year-over-year increase of 7.7%. Direct-to-Consumer sales grew 29.1%. Inventory decreased by $332.0 million or 18.3%. The company aims for $10 billion in annual sales by 2026.
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Ashley Park has launched her first signature collection, Skechers x Ashley Park, featuring Street Glam sneakers that combine comfort and fashion. The collection is inspired by Park's travels around the world and includes styles with a unique trendy silhouette. Each pair features a Skechers Air-Cooled Memory Foam cushioned insole. The collection is available now at skechers.com and select Skechers retail stores worldwide.
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FAQ

What is the current stock price of Skechers U.S.A. (SKX)?

The current stock price of Skechers U.S.A. (SKX) is $67.73 as of December 24, 2024.

What is the market cap of Skechers U.S.A. (SKX)?

The market cap of Skechers U.S.A. (SKX) is approximately 10.2B.

What does Skechers U.S.A., Inc. specialize in?

Skechers specializes in designing, developing, and marketing over 3,000 styles of high-performance and lifestyle footwear for men, women, and children.

What are the main product categories of Skechers?

Skechers offers two main product categories: Lifestyle Division (including Skechers Memory Foam and BOBS from Skechers) and Skechers Performance (including Skechers GOrun and Skechers GOwalk).

Who are some of the celebrity endorsers for Skechers?

Celebrity endorsers for Skechers include Ringo Starr, Demi Lovato, Kelly Brook, Brooke Burke-Charvet, Joe Montana, Joe Namath, and Pete Rose.

How does Skechers distribute its products?

Skechers distributes its products through department and specialty stores, athletic and independent retailers, boutiques, and internet retailers.

What additional products does Skechers offer through licensing agreements?

Through licensing agreements, Skechers offers branded apparel, bags, eyewear, and more.

What are the operating segments of Skechers?

Skechers operates through two segments: Wholesale and Direct-to-Consumer, with the Wholesale segment generating the most revenue.

What is the significance of BOBS from Skechers?

BOBS from Skechers is a charity line within the Lifestyle Division, focusing on giving back to the community.

Where is Skechers' revenue primarily generated from?

The majority of Skechers' revenue is generated from its Wholesale segment.

What is Skechers' approach to marketing?

Skechers employs targeted multi-channel marketing strategies to promote its diverse range of high-quality products.

How does Skechers ensure product quality?

Skechers ensures product quality through dedicated employees, extensive research and development, and a commitment to customer satisfaction.

Skechers U.S.A., Inc.

NYSE:SKX

SKX Rankings

SKX Stock Data

10.23B
130.45M
0.81%
95.11%
4.43%
Footwear & Accessories
Footwear, (no Rubber)
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United States of America
MANHATTAN BEACH