After spending much of the past year in the doldrums, Skechers
Skechers' recent sales growth has caught the attention of many CAPS members who see good potential to profit following a big fall in the share price. Hot-selling toning shoes and the benefits they purportedly bring have faced skepticism from the likes of Nike
Skechers' recent success isn't isolated to its own footwear. Other shoemakers such as Deckers Outdoor
And while other U.S.-based apparel companies such as Coach
Skechers is also taking a more direct approach aimed at maintaining the momentum of its toning shoe sales. Similar to the ambitious plans of venerated shoe kings Nike and Under Armour
Do you think Skechers deserves its raised status? Add your thoughts in the comments box below, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.
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Fool contributor Dave Mock recently upgraded his ice cream sundae recipe with a sprinkle of toasted almonds. He owns no shares of companies mentioned here. Under Armour is a Rule Breakers pick. Coach and Nike are Stock Advisor choices. Under Armour is a Hidden Gems selection. The Fool owns shares of Coach and Under Armour.
True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy currently holds a .340 batting average.
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