Wednesday was another day full of announcements from U.S. retailers looking to do their part to combat the spread of Covid-19 by implementing store closures. J.C. Penney, Skechers and J.Jill were among the latest batch.
Skechers has reported record sales of $1.259 billion in Q2 2019, up 10.9% from the prior-year period – progress which set the California-based footwear company up for a comfortable earnings beat after a disappointing Q1.
Shares of US online luxury reseller The RealReal Inc jumped 40% in their debut on Friday, giving it a market capitalization of $2.32 billion and signalling increased investor appetite for listings of consumer companies.
Skechers has announced the appointment of Katherine J. Blair to its board of directors as an independent member. The appointment brings the total number of directors to ten, including six independent members.