Skechers Company Profile, Origin Country, Market Cap

Skechers is an American multinational footwear and apparel company. It is headquartered in Manhattan Beach, California, United States. The company is known for its stylish and comfortable lifestyle and performance products. Skechers has two dedicated divisions, namely performance and lifestyle. Performance division is concerned with athletic and work-focused footwear/apparel/accessories, while lifestyle division offers casual and fashionable options.

Company Profile

Skechers was founded in the year 1992 by Robert Greenberg. The company commenced operations by producing men’s casual street shoes and utility-style boots. By the year 1998, Skechers had expanded its product offerings to women and children, with over 900 shoe styles. Subsequently, the company expanded into apparel, accessories and performance gear. In the year 2011, Skechers launched its sportswear line for athletes.

Skechers is the third-largest brand of athletic footwear in the world. The company is known for incorporating innovative technologies in its products, such as Arch-Fit, Air-Cooled Memory Foam and Hands-Free Slip-Ins. Skechers has a network of over 5300 company-owned retail stores and franchise stores. Its products are also sold through wholesale channels comprising of department stores, international partners and specialty retailers.

Origin Country

Skechers has its origins in the United States of America. United States is also the largest market for the company, accounting for 40-45% of its sales. Skechers is also present in over 180 countries worldwide, with a particularly strong presence in Germany, Spain and United Kingdom.

Market Cap

Skechers was acquired by 3G Capital in September 2025. Consequently, it was de-listed from the New York Stock Exchange and is no longer available for public trading. Prior to acquisition, Skecher’s market capitalisation was approximately USD 9.49 billion. The company’s share price on the last trading day before de-listing was $63.20.