May 19 2015, 13:51 ET | About: Skechers USA Inc. (SKX) | By: Clark Schultz, SA News Editor Contact this editor with comments or a news tip
Skechers passed Adidas to become the 2nd largest athletic U.S. footwear seller, notes the WSJ.
The company’s 5% market share topped the 4.6% from Adidas as well as the 4% share held by Asics and New Balance.
Nike holds a commanding market share position of 62%.
Shares of Skechers are up 92% YTD, while Nike is +9.1% to outpace the S&P 500.
Skechers passed Adidas to become the 2nd largest athletic U.S. footwear seller, notes the WSJ.
Wow. I knew they were growing quickly, but I had no idea they were grabbing that kind of market share. Impressive.
Fletch
What is truly impressive is Nike’s share, considering the number of brands which have gone after this space. But, of course, from an investment perspective it is a lot easier to double a 6% share than to double a 62% share! 
That is very impressive.
Karen
(I’m a fitness instructor - I wear Asics)