Skechers bets on the middle class to sprint to $1 bilion in India revenue – Feedback

USA lifestyle and footwear brand Skechers said India could generate a billion dollar in revenues, helped by rapid expansion of stores and newer categories.

“We do believe it (India) can be a multi-hundred million dollar country for us, maybe even close to a $1 billion for us as we take hold and build through what’s a massive population as the middle class grows,” David Weinberg, chief operating officer at Skechers said in an investors call. “Right now, we do less than $100 million”.

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *