Skechers dropped sales
20.02.2012 3907

Skechers dropped sales

Skechers announced a 37,7% drop in net sales in the fourth quarter of 2011, which was reflected in the retailer's stock price, which dropped 4% in value.

“We see a noticeable drop from the 4Q2010 record high. This is due to the fact that a year ago the prices for our tonic sneakers were noticeably higher. Now the demand for them has fallen sharply, which, of course, affected the business. Plus, economic difficulties persist in many markets, ”the company says. Skechers reported net sales of $ 4 million in Q2011 283.2 (up from $ 454.6 million a year earlier).

At the end of last year, Skechers was at the center of the scandal. The sports shoes company was accused of cheating customers. Experts in the United States concluded that her tonic running shoes are not able to pump up the buttocks and calves. After this incident, Skechers had to pay a large fine, writes fashionunited.ru.
Skechers announced a 37,7% drop in net sales in the fourth quarter of 2011, which affected the value of the retailer's shares - they fell in price by ...
5
1
Rating

Latest News

The turnover of counterfeit branded sneakers in Russia exceeds 40 billion rubles.

The results of the second analytical study assessing counterfeit products in the athletic footwear segment have been released for the last quarter. Earlier this year, a study by the ANO "NNTsK" determined the share of counterfeit products in the athletic footwear market…
13.03.2026 198

Boot Design Trends for Fall/Winter 26

The recent Paris Fashion Week set the trends in boot design for the Fall/Winter 26 season.
13.03.2026 266

The APLF Leather & Materials 2026 International Leather Fair opened today in Hong Kong.

The largest international leather exhibition, APLF Leather & Materials 2026, is taking place in Hong Kong from March 12 to 14. It brings together suppliers of leather, materials, and components for the production of footwear, bags, and other leather goods…
12.03.2026 323

Saint Laurent is bringing back the see-through shoe trend for Fall '26.

Anthony Vaccarello's latest collection featured a plethora of clear, pointed-toe pumps. Elongated pumps are a signature piece for Saint Laurent, often featured on celebrity outfits in red…
12.03.2026

The highlight of the new Loewe collection are rubber shoes with a small heel.

At Paris Fashion Week, Loewe's creative directors, Jack McCollough and Lazaro Hernandez, presented the brand's Fall/Winter 2026 collection, which included a rather unusual model of athletic footwear – rubber shoes with a small…
11.03.2026 480
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning