Increased automation on the cards for fast-growing Skechers
30/07/2014
                    The company last week reported its highest quarterly net sales in its history for the second quarter, with double digit growth seen in Europe.
"Additional space is needed for future storage and operational requirements," said Sophie Houtmeyers, Skechers EDC vice-president of distribution. "This extension will give us more flexibility. Combined with new automation technologies that we expect to completely install by the end of 2014, these investments will allow us to expand operations in the execution of our European logistics."
The EDC distributes goods arriving from China via the port of Antwerp to European markets. The customers of the EDC are third-party accounts, 31 company-owned and 19 franchisee-owned stores throughout Western Europe, e-commerce in Europe, as well as the company's international distribution partners in the region.
It also operates a 170,000 m2 distribution centre in California for North and South America.
Second quarter sales were $587.1 million compared with $428.2 million for the second quarter of 2013; profit was $269.4 million compared with $194.9 million last year.
 
                 
                     
                     
                     
                     
     
 
