Skechers Debuts on Fortune 500 List

Skechers, the third largest athletic footwear brand globally, has made its debut on the prestigious Fortune 500 list following a record-breaking year of sales in 2022. With annual sales reaching $7.4 billion, Skechers secured the 488th spot on the list, making it one of only four brands in the Apparel industry sector to achieve this recognition. The company's inclusion reflects its successful business model, which prioritizes comfort, innovation, style, and quality at affordable prices. Skechers aims to continue climbing the list in the future and has set a goal of $10 billion in annual sales by 2026. Led by founder-CEO Robert Greenberg, Skechers is among the few companies on the Fortune 500 list still helmed by its original founder. The company's growth trajectory continued in 2023, with first-quarter sales surpassing $2 billion. Skechers' achievement is featured in the June/July issue of Fortune magazine.