Skechers takes over in the Philippines 

Featured image of the article Skechers takes over in the Philippines 
Publication

6 January 2022 à 16h08

Updated on 7 January 2022 à 22h09

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1 minute

Publication: 6 January 2022 à 16h08, Updated on 7 January 2022 à 22h09

Reading time: 1 minute

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Publication

6 January 2022 à 16h08

Updated on 7 January 2022 à 22h09

Reading time

1 minute

Publication: 6 January 2022 à 16h08, Updated on 7 January 2022 à 22h09

Reading time: 1 minute

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With a population of 110 million and a G.D.P. of US$8,573 per capita, the Philippines is a strong potential retail market, clearly understood by Skechers (sales of US$1.55 billion in Q3 2021, up 19%).

Distribution by a local partner, Trendworks International, ended in 2021 and the company sells directly. While two stores recently opened in Manila (downtown Alabang and in Ayala Malls Manila Bay), 10 to 12 openings are expected by June 2022. The footwear retailer will grow a

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