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| Region | Net sales, in million USD |
|---|---|
| APAC | 2,222.76 |
| EMEA | 1,831.85 |
| Americas | 3,945.74 |
- Source: Skechers - Net Sales
- Region: Worldwide
- Time period: 2023
- Published: Feb 2024
Data Analysis and Insights
Americas Lead in Net Sales
The Americas region stands out as the leading contributor to Skechers' net sales with a substantial figure of 3,945.74 million USD, which accounts for a significant portion of the company's total revenue. This dominance underscores the Americas' pivotal role in Skechers' global market presence and profitability.APAC and EMEA Significant Contributions
Following the Americas, the APAC region made a noteworthy contribution to Skechers' net sales, amounting to 2,222.76 million USD. The EMEA region, although not as high as APAC or the Americas, still played a crucial role with net sales of 1,831.85 million USD. These figures highlight the diversified geographical revenue streams of Skechers.Comparison Between Regions
When comparing regions, the net sales in the Americas are over 1.7 times higher than those in APAC and more than twice the net sales in EMEA. This stark contrast not only illustrates the Americas' dominance but also showcases the varying degrees of market penetration and consumer demand across different regions.Overall Global Presence
Combining the net sales from all regions reveals Skechers' strong global presence with total net sales reaching 8,000.35 million USD in 2023. This consolidated figure underscores the company's successful expansion and the global appeal of its product offerings.EMEA's Strategic Position
Despite having the lowest net sales among the three regions, EMEA's contribution of 1,831.85 million USD is crucial, indicating a solid foothold in a diverse and competitive market. This presence in EMEA is vital for Skechers, serving as a strategic base for potential growth and expansion in European, Middle Eastern, and African markets.Frequently Asked Questions
What region contributed the most to Skechers' net sales?
The Americas region had the highest contribution to Skechers' net sales with 3,945.74 million USD.
Terms and Definitions
Skechers is an American multinational corporation that designs, develops, and markets a diverse range of lifestyle and performance footwear, apparel, and accessories.
Net sales refer to the total revenue a company makes from its business operations, minus the costs of returns, allowances, and discounts. It provides a clear and accurate picture of the actual sales generated by a company.
Sales revenue is the income received by a company from its sales of goods or the provision of services. It's usually considered the 'top-line' number as it's the primary revenue that a business receives.
COGS refers to the direct cost associated with the production of goods sold by a company. It includes the cost of materials and direct labor used to produce the particular item. When subtracted from sales revenue, it gives the company’s gross profit.
Gross profit is a company's total revenue minus the cost of goods sold. It represents the profit a company makes after deducting the costs associated with producing and selling its products.
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