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Article: SKECHERS Expands South American Operations.
- Article from:
- Business Wire
- Article date:
- March 26, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Global Footwear Company Opens New Subsidiary in Chile
MANHATTAN BEACH, Calif. -- SKECHERS USA, Inc. (NYSE:SKX), a global leader in the lifestyle footwear industry, today announced that it has expanded its operations in South America by assuming the distribution of its brand in Chile through a newly established subsidiary, SKECHERS Chile Ltda.
With roots stretching back more than a decade in Chile through a distributor agreement and recent sales improving considerably, SKECHERS believes the brand can evolve into one of the most desirable and recognized footwear brands in the country with direct involvement by the Company.
"Chile has become an ...