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Article Date: September 2020
Word Count: 321

Skechers Sees Opportunity in Post-Pandemic Market


Skechers is taking an agonistic approach to investment in e-ecommerce versus brick-and-mortar growth as the company moves through pandemic recovery, it told the Goldman Sachs Global Retailing Conference. The company is prioritizing its standalone, big box-style footprint for new store growth. The format has led the recovery by dodging impacts like indoor mall shutdowns and tourist-driven traffic faced by concept stores and outlet stores, respectively. The big box format still has not fully penetrated the domestic market and its full product offering is ideal for omni-channel compatibility. Calling the current retail real estate market “more attrition than growth,” Skechers believes ... Log in to view full article.

 


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