Covid exercising leads to record quarter for Ske - sportstextiles: Lea SportsTextiles

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Covid exercising leads to record quarter for Skechers

29/04/2021
Footwear brand Skechers has reported record revenues of $1.43 billion for quarter ending March 31, 15% higher than same three months last year.

CEO Robert Greenberg said: “Skechers' new sales record in the first quarter is a remarkable achievement, especially given the lockdown measures in many key countries, including across Europe.

“This significant growth is the result of continued demand for Skechers product as consumers desire comfort and quality in their footwear and walking remains a top pandemic activity. 

“With warmer weather and increased vaccination rates around the world, traffic is improving in many of our retail stores, and our digital business continues to be a very strong growth driver.”

There was a triple digit growth in China and a 143% increase in US e-commerce. 




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