The Traderszone Network

Published in TZ Latest News 10 November, 2017 by The TZ Newswire Staff

Skechers Gets One Step Closer to Making China a $1 Billion Market

Skechers (NYSE: SKX) sold 4.3 million pairs of shoes in China this quarter, which topped last year’s result by a whopping 54%. With the company stocking extra inventory for Singles’ Day, it could surpass that mark and post record sales for the fourth quarter, too. The company has been ramping up its store growth and e-commerce capabilities for what could turn out to be Skechers’ largest market.

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