Skechers bags record first quarter sales

25/04/2017
Skechers bags record first quarter sales
US footwear brand Skechers reported sales of $1.073 billion in the first quarter of 2017, a 9.6% increase year-on-year. 

David Weinberg, chief operating officer and chief financial officer of Skechers, said this represented a new quarterly record, as well as being the first time the company exceeded sales of $1 billion in a single quarter.

The company revealed that its international business, which includes retail, made up 51.3% of total sales in the first quarter.