Skechers President Michael Greenberg Is Inducted Into the Footwear News Hall of Fame

Core Insights - Skechers co-founder and president Michael Greenberg has been inducted into the Footwear News 2025 Hall of Fame, recognizing his significant impact on the footwear industry and the company's growth to become the world's third-largest footwear company with nearly $10 billion in annual revenues [1][2]. Company Achievements - Skechers operates approximately 5,300 retail stores globally, contributing to its position as a leading footwear brand [1][8]. - The company achieved $1 billion in annual sales in 2005, which has grown to an expected $9 billion by the end of 2024 [2]. - Skechers has been recognized as Company of the Year by Footwear News three times, in 1998, 2014, and 2022 [7]. Philanthropic Efforts - Greenberg has established the Skechers Foundation, which has provided aid to families affected by disasters and donated new shoes to 16 million children in need globally [4]. - The Skechers Pier to Pier Friendship Walk, founded by Greenberg, has raised over $31 million since 2009 to support children with special needs and education [5]. Retail Innovations - Greenberg has spearheaded the launch of Skechers' World of Sports stores, which feature advanced performance collections and immersive shopping experiences [3]. - The company has expanded its retail presence across six continents, showcasing its products in global galleries [3]. Recognition and Awards - Greenberg has previously received Footwear News' Person of the Year award in 2000 and 2023, while his father received the Lifetime Achievement Award in 2015 [7]. - Skechers has also won the Icon for Social Impact Award in 2024 [7].