Who Founded Skechers
Skechers was founded by Robert Greenberg in 1992 in Manhattan Beach, California. Greenberg previously ran LA Gear before establishing Skechers as a brand focused on comfort and lifestyle footwear. The company grew from a small distributor into one of the largest footwear brands globally, with a market capitalization that has placed it among the top publicly traded apparel and footwear companies. Skechers USA, Inc. trades on the NYSE under the ticker SKX.
Robert Greenberg remains the Chairman and CEO of Skechers, maintaining direct operational and strategic control over the company. His leadership style emphasizes direct-to-consumer retail expansion, celebrity endorsements, and a broad product portfolio spanning athletic, casual, and work footwear. Greenberg's net worth has been reported by Forbes as tied to Skechers' public market valuation and private holdings.
Skechers Growth and Financial Performance
Skechers expanded rapidly through the 2000s and 2010s by entering international markets and signing high-profile brand ambassadors. The company's revenue grew from hundreds of millions to over $10 billion in annual sales in recent fiscal years, driven by North American retail, e-commerce, and a strong presence in China. Skechers' distribution network includes company-owned stores, licensed shops, and major online platforms.
The company's financial results are reported quarterly and annually through filings with the U.S. Securities and Exchange Commission. Skechers' gross margin, inventory turnover, and advertising spend are closely watched metrics by analysts. The brand competes directly with Nike, Adidas, and Puma in the global footwear market, often leveraging price competitiveness and celebrity-driven marketing campaigns.
Leadership Structure and Corporate Governance
Skechers' executive team is led by Robert Greenberg as Chairman and CEO, with family members and long-tenured executives holding key operational roles. The company's governance structure includes a board of directors that oversees major strategic decisions, capital allocation, and risk management. Skechers has maintained a relatively stable leadership core compared to peers in the apparel and footwear sector.
The corporate headquarters remains in Manhattan Beach, California, with additional offices and distribution centers across the United States and abroad. Skechers' public filings and investor relations materials provide details on executive compensation, share structure, and major subsidiaries. Investors seeking official corporate data can access Skechers' latest proxy statements and annual reports through the SEC's EDGAR system.