The American shoe provider Skechers USA Inc. remains on the expansion course in Europe.
On Thursday, the company announced the opening of a new concept store in the center of Milan. In the Lombardy fashion metropolis, the brand moved rooms with an area of 294 square meters on the popular Corso Buenos Aires shopping street.
Skecher’s president Michael Greenberg commented on the recent reopening. “Italy plays a key role in our growth in Europe. We look forward to further expanding our business in this important market with this top -class location, ”he said in a statement.
The EMEA region, which includes Europe, the Middle East and Africa, was recently the most dynamic growth market in Skechers. In the 2024 financial year, the company was able to increase its sales there by 21.4 percent to around $ 2.22 billion (2.14 billion euros). Total sales global turnover rose by 12.1 percent to the new record of $ 8.97 billion.