Skechers launches new subsidiary in Latin AmericaStaff writer ▼ | August 14, 2015
Skechers USA announced that it is transitioning its business in Latin America from a third-party distributor to a wholly-owned subsidiary, Skechers Latin America.
Skechers in Latam More than 30 countries in the region
Building on its nearly 20 years of business in Latin America, Skechers plans to grow its operations and footprint – transitioning 21 Skechers stores in the region to subsidiary-owned and -operated locations, looking at new retail destinations and expanding its account distribution base.
Key executives at Dabsan International, including Dabsan company president Daniel Bassan, will help manage Skechers’ subsidiary business in Latin America.
Based in Panama City, Skechers Latin America LLC will oversee the Company’s business with regional showrooms in Panama, Peru, Colombia and Costa Rica. Additional regions under the new subsidiary include the Caribbean, Ecuador, Guatemala, El Salvador, Honduras and Nicaragua. ■