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The Company designs and markets Skechers-branded contemporary footwear for men, women and children under several unique lines.
Major consumer brand with multiple successful product lines suffering from failure of "Toner Sneakers" fad. Temporary setback and overselling sets this stock up for a nice comeback.
agreed. but you're in a little too high sapphire. its going to be a while before skechers finds its way back to $40. we will see a run-up on the stock price in july/august but I'm becoming ever more skeptical that we will even see it return to $20 by the end of the year.
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