Reported about 1 month ago
In an interview at Goldman Sachs's Global Retailing Conference, Skechers CFO John Vandemore highlighted the company's commitment to providing stylish, comfortable, and reasonably priced footwear. Despite broader economic pressures, he noted that consumers are willing to trade up for higher-end comfort technologies. Vandemore maintained a cautious approach regarding pricing strategies, aiming to avoid further burdening consumers already affected by post-COVID inflation, while expressing confidence in the brand's appeal in both domestic and recovering international markets, like China.
Source: YAHOO