Manhattan Beach, California — Skechers, the US based-footwear company, saw earnings rise 67% to $333.5m in 2015 compared to $209m in 2014, according to a filing with the US Securities and Exchange Commission.
The filing shows that sales rose by $770m to $3.147bn. Skechers said that the growth in sales was "broad based across our domestic wholesale, international wholesale and retail segments." This was driven by new products with increased margins, the company said adding, "we became the second largest footwear brand in the US, the number one walking brand and number one work brand."
During 2016 the firm said it will continue to invest in lifestyle and performance product lines and will expand into new categories.