Skechers’ Journey Towards 10,000 Retail Outlets

Skechers U.S.A., Inc. (NYSE: SKX), renowned as The Comfort Technology Company® and the third-largest athletic footwear brand globally, declares the achievement of surpassing 5,000 Skechers-branded retail store locations across 120 countries. The strategic expansion, culminating in this milestone, encompasses key openings in Chile, Greece, India, Mexico, South Korea, the United States, and the landmark 5,000th store in Bogotá, Colombia.

Michael Greenberg, President of Skechers, emphasizes the significance of these retail outlets, stating, “Every Skechers store brings valuable engagement with consumers to build increased awareness for our brand. Skechers stores serve as the ultimate destination for fans to experience the signature comfort, style, and innovation of our products, fostering lasting loyalty. The journey began in 1995 with the inaugural Skechers store near our corporate offices in Manhattan Beach. Since then, our global expansion has seen milestones like the first international store in Japan, the 100th in Times Square, the 3,000th in China, and now the 5,000th store in Colombia. Maintaining a consistent brand experience across six continents, each location reflects the unmistakable Skechers identity.”

Looking forward, Skechers aims to add 140 to 160 more Company-owned stores in the current year, with ongoing annual launches in collaboration with partners, propelling them toward the ambitious goal of reaching 10,000 Skechers stores.

Beyond sheer store numbers, Skechers’ diverse product range caters to fashion trends, lifestyle preferences, and athletic pursuits. The company distinguishes itself through a spectrum of comfort innovations, featuring patented technologies such as Skechers Hands Free Slip-ins®, Skechers Arch Fit® Technology, Skechers Max Cushioning® Technology, Skechers Hyper Burst Pro™ Technology, Skechers Air-Cooled Memory Foam®, Skechers Relaxed Fit® Technology, and Skechers Performance FitKnit® Technology. This commitment to innovation underscores Skechers’ dedication to providing a comprehensive and comfortable footwear experience for consumers worldwide.

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