Skechers USA Inc., which recently passed Adidas to become the number two athletic footwear brand in the United States, is on the fast track.
The company, whose second quarter sales beat estimates, has carved out a lucrative niche in casual athletic footwear and in kids’ athletic footwear. It is in expansion mode, with plans to open 125 to 135 company-owned and third-party-owned stores later this year.