News

Upping prices leads to record sales for Sketchers

16/02/2015

Footwear brand Sketchers reported record sales of $2.4 billion for 2014, 29% higher than those in the year before. Chief financial officer David Weinberg attributed it to double-digit improvements in wholesale and retail businesses. He said: “In the US, average prices per pair increased by 7.4% in the fourth quarter, and within our international ...

To continue reading this story, please sign in or register.

Related stories:

Currency effects wipe $20m off Nike’s Q3 profit 24/03/2015
Puma says industry will raise prices next year 20/03/2015
Record revenues at Skechers as it nears 1,000th store 28/10/2014
Increased automation on the cards for fast-growing Skechers 30/07/2014
Footwear brands volunteer 15,000 hours 20/05/2014
Record first-quarter sales at Skechers 23/04/2014
Skechers weathers the storm 14/02/2014
Skechers ordered to pay $40m over Shape-Up toning claims 15/05/2013
Skechers ordered to pay $40 million by FTC over toning shoe claims 17/05/2012
Sports interest in designer outlet idea 28/11/2011

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.