Skechers reports record sales

‘Skechers’ has just announced record quarterly sales of $1.88 billion for Q3-2022, a year-over-year increase of 20.5%. This report clearly reflects the ongoing global demand for Skechers’ lifestyle and performance footwear products.

Marketed in 170 countries, ‘Skechers’ reported growth in all regions, led by EMEA with an increase of 48%. The Americas achieved a 16% growth, primarily due to robust demand in the U.S and Canada. Growth in APAC was an optimistic 9%, given the Covid related challenges in China and Japan.

‘Skechers’ CEO Robert Greenberg commented on these financial results and the three consecutive quarters of record sales, calling them “notable achievements that illustrate the Company’s ability and dedication to be the best at designing, marketing and delivering comfortable, innovative footwear to the world while continuing to grow towards the goal of $10 billion in annual sales by 2026”

As one of the most recognizable lifestyle fashion brands in the world, ‘Skechers’ has been helping consumers everywhere to “look good and feel good”, delivering style and quality at a reasonable price. Now celebrating 30 years in business, it’s been named “Company of the Year” for the third time by ‘Footwear News’

Expanding their solid footprint as a global brand in retail stores and e-commerce worldwide, ‘Skechers’ has entered the Travel Retail marketplace through a partnership with Duty Free Dynamics. DFD is proud of this relationship and to be part of Skecher’s growth by representing this great brand for distribution within the Travel Retail channel of Latin America and the Caribbean.

For more information about this partnership, please visit DFD’s website at www.dutyfreedynamics.com