On February 3, Skechers, a US comfort technology company, released its financial report for the fourth quarter and full year of 2022, ending December 31, 2022. The report showed that the full-year sales for 2022 reached a historical high of $7.4 billion, an 18% increase from YoY. The sales for the fourth quarter were $1.88 billion, a 13.5% increase from the same period in 2021. However, due to factors such as the measures taken to control the COVID-19 pandemic and increased freight costs in the Chinese market, the full-year gross margin declined by 230 basis points, and net profit dec …
