Skechers’ Plans for Its Global Retail Business
Skechers’ (SKX) retail segment is its second-largest segment. The retail segment accounted for 30.6% of the company’s overall sales in the third quarter. Skechers operated 681 company-owned stores at the end of the third quarter, including 216 international stores. Including third-party operated stores, Skechers’ retail network had 2,802 stores worldwide at the end of third quarter. Skechers’ company-owned retail business is comprosed of three types of store formats—concept stores, factory outlets, and warehouse outlet stores.