Skechers

Skechers USA, Inc. is an American multinational footwear and apparel company. Headquartered in Manhattan Beach, California, it was founded in 1992 and is the third largest footwear brand in the world.

History

Skechers was founded in 1992 by Robert Greenberg, who had previously founded LA Gear in 1983 (he stepped down as CEO of that company the same year he founded Skechers). Greenberg sought to focus on men's street shoes; Skechers' early products were utility-style boots popular in grunge fashion. The company quickly expanded to include women and children, with casual and athletic styles, and went public in 1999. In 2011, Skechers launched its performance sportswear line for athletes and signed Meb Keflezighi as a spokesman.

Skechers is the third largest footwear brand in the world by sales. In January 2019, the company started an expansion of its corporate headquarters to double its office, design and showroom space in the South Bay. In 2023, Skechers had its debut on the ''Fortune'' 500.

Litigation

In 2012, Skechers agreed to settle a class action lawsuit for $40 million based on a U.S. Federal Trade Commission complaint that it had misled customers with its Shape-Ups rocker bottom shoe advertisements.

In 2015, Adidas filed a trademark infringement lawsuit against Skechers. Among the numerous infringements was the Skechers Onix, which was allegedly a copy of the Adidas Stan Smith. Both sides reached a confidential settlement on May 30, 2018.

In 2019, Nike filed a patent infringement lawsuit against Skechers because, according to Nike, Skechers had infringed on the design of its VaporMax and Air Max 270 sneakers.

Forced labor investigation

In 2021, French prosecutors launched an investigation into whether Skechers and other brands had concealed or profited from forced Uyghur labor. A December 2023 report by Sheffield Hallam University again found connections to forced Uyghur labor. Skechers has found no evidence of forced labor taking place. In September 2024, Skechers opened a store in Ürümqi, Xinjiang amid criticism from the Worker Rights Consortium.

Privatization

On May 5, 2025, Skechers announced that it would be acquired by private equity firm 3G Capital. Following the closure of the transaction within the third quarter of that year, pending regulatory approval, Skechers would delist from the New York Stock Exchange and become a privately held company.

Products and advertising

Skechers designs, develops and markets a range of lifestyle and performance footwear, apparel and accessories for adults and children. Its brands include Skechers Sport, Slip-ins, D'Lites, the charity line Bobs, Mark Nason, Skechers Work, Go Walk, Go Run, and Go Golf. Since 2020, select shoes have utilized Goodyear rubber.

Skechers has promoted its products with musicians including Ringo Starr, Britney Spears, Christina Aguilera, and Snoop Dogg; television personalities Martha Stewart, Brooke Burke, and Amanda Kloots; baseball player Clayton Kershaw and boxer Sugar Ray Leonard; and American football players Joe Montana, Tony Romo, Howie Long, and Cris Carter. Since 2010, Skechers has been a regular Super Bowl advertiser.

On March 1, 2019, Skechers launched a print and digital comparative advertising campaign titled "Just Blew It" to highlight the Zion Williamson failed shoe incident with rival Nike.

Skechers has been a partner of W Racing Team (WRT) in sports car racing, including former MotoGP champion Valentino Rossi, since 2021. WRT's parent company, Weerts Group, services Skechers' European distribution center in Liège, Belgium.

Skechers Performance has featured distance runner Meb Keflezighi and professional golfers Brooke Henderson and Matt Fitzpatrick. The brand expanded into pickleball in 2022, signing several of the sport's top players and sponsoring the first nationally televised pickleball tournament in the U.S. In 2023, Skechers announced a move into soccer and basketball, introducing new technical shoes worn and promoted by England national football team player Harry Kane and NBA players Julius Randle, Terance Mann, and Joel Embiid. In 2024, Skechers replaced Nivia Sports as the kit sponsor of one of India's oldest and most successful football teams, Mohun Bagan Super Giant.

File:Edward Cheserek running the indoor mile at the 2018 BU David Hemery Valentine Invitational (3).jpg, Edward Cheserek has endorsed Skechers Performance since 2017.
File:A Skechers shoe store in Rehoboth Beach, Delaware.jpg, A Skechers retail store in the United States
File:GT Masters 2021 Spielberg Nr. 32.jpg, Car #32 at the 2021 ADAC GT Masters in Austria

Philanthropy

Skechers launched its Skechers Foundation in 2010. Skechers and the Friendship Foundation host an annual walk in Manhattan Beach to raise money for a nonprofit that helps connect special-needs students with their peers.

Skechers donates new shoes to children in need worldwide through its Bobs charity program. The shoes support Head Start programs, education foundations, homeless shelters, disaster relief and 501(c)(3) organizations. Bobs also supports animal welfare groups including Petco Love and Woodgreen Pets Charity. In 2024, Skechers donated $20,000 to Austin High School men and women's soccer teams.

Entertainment

Skechers has developed—with MoonScoop Entertainment and animator/co-producer John Massé—an animated series, '' Zevo-3'', and several direct-to-DVD features produced by SD Entertainment:
*''Hydee and the Hytops: The Movie'' (2011)
*''Twinkle Toes'' (2012)
*''Twinkle Toes Lights Up New York'' (2016)

References

External links

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1992 establishments in California
1999 initial public offerings
1990s fashion
2000s fashion
American companies established in 1992
Athletic shoe brands
Clothing brands of the United States
Clothing companies based in Los Angeles
Clothing companies established in 1992
Companies based in Los Angeles County, California
Companies listed on the New York Stock Exchange
Companies in the S&P 400
Manhattan Beach, California
Manufacturing companies based in Greater Los Angeles
Manufacturing companies established in 1992
Shoe brands
Shoe companies of the United States
Sportswear brands
Announced mergers and acquisitions