Another record year for Skechers

13/02/2019
Another record year for Skechers
US footwear brand Skechers recorded revenue of more than $4.6 billion in 2018, an increase of 11.5% compared to the previous year.

This was a new annual sales record. It was supported by a record fourth quarter in which it achieved revenue of more than $1 billion for the first time. 

For the full year, the company’s international wholesale business grew by 18.8%, while it recorded 12% growth of its own retail business.

Its overall international business grew by 19.2%, while revenue from the US market was 3.5% higher year on year.