Skechers, the USA group, ended the first quarter of 2016 with net earnings up by 74% (97.6 million dollars) compared to 37 forecasted by Wall Street. Revenues (978.8 million dollars) increased by 27.4%, also higher than the market forecasts. The company attributes its success to a new style and to the development of the product, but also to the calibre of testimonials such as Ringo Starr, boxer Sugar Ray Leonard and former football star, Howie Long.
Record-breaking numbers for Skechers
Industry June 6, 2016Skechers, the USA group, ended the first quarter of 2016 with net earnings up by 74%
