Skip to content
Subscriber Only

Skechers Said to Mull Options Including IPO for Asia Arm

  • U.S. shoemaker weighs options including Hong Kong listing
  • China contributed about 20% of the company’s total sales
Customers in a Skechers shoe store in San Francisco, California.
Customers in a Skechers shoe store in San Francisco, California.Photographer: Michael Short/Bloomberg
Updated on

Skechers USA Inc. is considering strategic options for its Asia business, people with knowledge of the matter said.  

The Manhattan Beach, California-based shoemaker has held preliminary talks with advisers to evaluate possibilities including a Hong Kong initial public offering of the business, said the people, who asked not to be identified as the information is private. An IPO could raise about $1.5 billion, the people said.