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The company’s third-quarter highlights included an 11 percent sales increase, currency adjusted to €990 million (+8 percent reported), with growth across all regions, along with improved sell-through at Puma-owned retail and key retail partner locations. Gross profit margin, however, lay flat at 45.8 percent, despite...

Skechers, a global leader in lifestyle and performance footwear, is transitioning its business in South Korea from a third-party distributor to a new joint venture with Luen Thai Enterprises. LS Networks distributed Skechers in South Korea from 2009 to 2016....