Skechers: One Of The Fastest Growing Footwear Companies In The United States

Stocks_Pedia
2022-06-20

Hey, this is Stocks_Pedia.

I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I'm going to introduce is $Skechers USA(SKX)$.  It went public on June 9, 1999.

[Company Profile]

Skechers U.S.A., Inc. designs and markets Skechers-branded lifestyle footwear for men, women and children; performance footwear for men and women under the Skechers Performance brand name; and work footwear for men and women under Skechers Work brand name.

The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores.

[History & Events]

1992: Skechers was founded and launched their first shoe.

1997: Skechers Kids has been launched.

1998: Skechers Sport has become a vital part of the company's business.

2000: Business Week placed Skechers fifth on their "100 Best Small Companies" list and was named "Company of the Year" by Footwear News.

2002: The company signed worldwide endorsement deals with L.A. Lakers star Rick Fox and award-winning actor Robert Downey, Jr..

2007: The Footwear Plus magazine's 8th annual Plus Awards  acknowledged Skechers as Company of the Year.

2019: Skechers bought out fashion and lifestyle conglomerate Future Group from the minority share of its joint venture in India.

2020: Skechers named Women’s Footwear Brand of the Year at the Drapers Footwear Awards 2020

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

$Nike(NKE)$

$adidas AG(ADDYY)$

$Asics Corp.(ASCCF)$

$Under Armour(UA)$

$Puma SE(PUMSY)$

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