Shares of Skechers USA Inc (NYSE:SKX) ended Wednesday session in green amid volatile trading. The shares closed up +0.02 points or 0.08% at $24.32 with 2.38 million shares getting traded. Post opening the session at $24.25, the shares hit an intraday low of $24.08 and an intraday high of $24.35 and the price vacillated in this range throughout the day. The company has a market cap of $3.83 billion and the numbers of outstanding shares have been calculated to be 133.32 million shares.
On September 1, 2016 Skechers Performance™, a division of SKECHERS USA, Inc. (SKX), announced that LPGA rising star and World number three golfer, Brooke Henderson, will join the roster of elite Skechers GO GOLF athletes. The LPGA champion signed a multi-year global deal with Skechers Performance and will be featured in marketing campaigns for Skechers GO GOLF footwear.
“From the moment I tried the shoes and tested them on the course, I immediately loved the Skechers GO GOLF line,” said Henderson, who is teeing it up this week at the Manulife LPGA Classic. “I can’t think of a better fit for me and I’m excited for the opportunity to represent the brand. The exceptional product has really helped me with my game.”
At 18 years old, Henderson returned home to her native Canada after a solid performance in Rio. One month prior to Rio, Henderson had her first Major win at the KPMG Women’s PGA Championship on June 16, 2016. As an amateur in 2014, Henderson’s 10th place tie for the 2014 Women’s US Open quickly positioned her as the top ranking woman amateur golfer in the world at the age of 16. Since her professional debut in December of that same year, Henderson has continued to climb with a current rank of number three in the world.
“We really love Brooke’s game, and her input is going to be so valuable,” said Skechers Performance Senior Vice President Merchandising/Marketing, Rick Higgins. “She’s just getting started, and we’re thrilled to be partnering with her.”
Shares of Coach Inc (NYSE:COH) ended Wednesday session in green amid volatile trading. The shares closed up +0.69 points or 1.82% at $38.53 with 4.91 million shares getting traded. Post opening the session at $37.87, the shares hit an intraday low of $37.58 and an intraday high of $38.56 and the price vacillated in this range throughout the day. The company has a market cap of $10.66 billion and the numbers of outstanding shares have been calculated to be 278.94 million shares.
Coach Inc (COH) provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions.