Footwear brand Skechers saw record sales of US$2.02 billion in the third quarter of FY23, up 7.8 per cent year on year.

The company said sales grew in all its regions, including the Americas, which it attributed to the strength of its direct-to-consumer channel.

Net earnings surged 69.3 per cent to $145.4 million while gross margin rose to 52.9 per cent.

“Our record third-quarter sales were the result of our continued innovation and determination to deliver comfort, style and quality in every pair,” said Robert Greenberg, CEO.

During the quarter, Skechers launched a collaboration with Snoop Dogg and another with Harry Kane.

“Designing desirable footwear for fans of Snoop Dogg as well as our ambassador Martha Stewart demonstrates the diversity of style, offering and demographic of the Skechers brand and our customers,” said Greenberg.

“We believe our constant innovation to meet the needs of consumers from all walks of life—including professional athletes, and our impactful marketing will drive our success for years to come.”