Skechers USA Inc.(SKX)- NYSE
  • Jun. 25, 2015, 7:23 AM
    • Skechers (NYSE:SKX) is an attractive target for Nike (NYSE:NKE) or Adidas (OTCQX:ADDYY, OTCPK:ADDDF), according to the The Business of Fashion.
    • An acquisition would give either a company a stronger position in the growing fashionable walking shoe market.
    • Skechers trades at stretched-out valuation after doubling in share price this year.
    • SKX +101.9% YTD.
    | Jun. 25, 2015, 7:23 AM | 17 Comments
  • Jun. 13, 2011, 10:23 AM
    Usually it doesn't work this way: VF Corp. (VFC +10.8%) soars after its $2B deal for Timberland (TBL +42.9%). The M&A rule of thumb - the stock price of the buyer gets pounded over worries that the price paid is too high - has come undone lately because Wall Street is welcoming industry consolidation on hold since the crisis. Footwear peers: SHOO +1.9%, DECK +1.7%. SKX +0.6%.
    | Jun. 13, 2011, 10:23 AM
Company Description
SKECHERS USA, Inc. engages in design, development and marketing of lifestyle footwear that appeals to men, women and children of all ages. It operates its business through four segments: Domestic Wholesale Sales, International Wholesale Sales, Retail Sales, and e-Commerce Sales. The Domestic... More
Industry: Textile - Apparel Footwear & Accessories
Country: United States