A Skechers investor alleged that CEO Robert Greenberg, company president Michael Greenberg and COO David Weinberg used company jets extensively for personal travel, costing the company as much as nearly $1.1 million per executive in some years, while directors failed to limit the use. Directors said personal trips were allowed under compensation plans; a judge had not yet ruled whether the case could proceed.
Top executives at Skechers USA allegedly cost the footwear maker millions of dollars by hopping on corporate jets for personal jaunts to vacation hot spots such as Fiji, Bora Bora and Hawaii — and the company’s directors didn’t do anything to stop them.
A Skechers USA Inc. investor filed suit in Delaware against current and former members of its board, claiming they stood aside while three top executives cost the footwear company millions by using its two corporate jets mainly to fly themselves and their friends to ritzy vacation spots.
Top executives at Skechers USA Inc. allegedly cost the footwear maker millions of dollars by hopping on corporate jets for personal jaunts to vacation hot spots such as Fiji, Bora Bora and Hawaii — and the company’s directors didn’t do anything to stop them.
In lawsuits reported in 2025 and 2026, investors alleged Skechers leaders manipulated projections and overstated tariff risks to depress the share price before 3G Capital’s $9.4 billion take-private in September 2025. They also accused financial adviser Greenhill of using lower projections. Skechers declined to comment; the claims remain allegations.
By Jessica Corso ( October 22, 2026, 8:24 PM EDT) -- Skechers USA Inc. is facing a lawsuit in California federal court accusing it of overstating the impact that tariffs would have on its business in order to defraud investors into agreeing to a $9. 4 billion take-private transaction. . . .
Investors accuse Skechers executives of manipulating financial projections to facilitate a discounted buyout by a private equity firm, 3G Capital.
In March 2024, the SEC said Skechers failed to disclose employment of two executives’ relatives and a consulting relationship involving an executive’s household member from 2019 through 2022. The SEC also said the company omitted more than $120,000 in unreimbursed executive personal expenses. Skechers agreed to a $1.25 million penalty and cease-and-desist order without admitting or denying the findings.
According to the U.S. Securities and Exchange Commission, Manhattan Beach, California-based Skechers employed relatives of executives from 2019 to 2022, but failed to report that on securities filings. It also allegedly concealed a consulting relationship with an executive’s housemate.
Company also charged with failing to disclose outstanding loans to its executives
Wisconsin appellate courts ruled against Skechers over transferring intellectual property to a subsidiary and claiming state tax deductions. The appeals court found the company lacked a purpose for the arrangement other than tax avoidance; the Wisconsin Supreme Court declined review in May 2026. Skechers had argued the case could clarify the sham-transaction doctrine, while the state said existing statutes controlled.
Skechers USA Inc. failed to convince the Wisconsin Supreme Court to review a decision that it owed about $1.1 million in franchise tax for transferring intellectual property to a holding company with the sole intention of evading taxes.
The agency’s brief comes in response to the footwear maker’s petition for review of a June appeals court ruling that the company’s decision to hand over its intellectual property to a subsidiary ...
Skechers USA lacked purpose, other than avoiding taxes, for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly half a billion dollars in deductions...
By Maria Koklanaris ( May 22, 2026, 5:22 PM EDT) -- Wisconsin's top court let stand a ruling that found Skechers USA lacked purpose — other than avoiding taxes — for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly half a billion dollars in deductions in the state. . . .
In June 2024, DHS added Dongguan Oasis Shoes, a Skechers supplier, to the UFLPA Entity List over suspected forced-labor transfers involving Uyghur workers. Skechers said audits found no signs of forced labor and workers were treated under the same conditions as others; it said it would follow DHS’s decision, but did not say whether it would drop the supplier.
The U.S. Department of Homeland Security has added a Skechers supplier, Dongguan Oasis Shoes Co., to a list of Chinese firms banned from entering the United States due to suspicions of involvement in forced labor transfer schemes targeting Uyghur and other Turkic Muslims in China.
Skechers has been linked with using forced labor from the Xinjiang Uyghur Autonomous Region before, despite claiming a strictly maintained supplier code of conduct that governs its factories.
On June 27, 2022, Skechers President Michael Greenberg said the company would expand benefits to reimburse up to $4,000 in travel expenses for employees seeking medical care, including abortion services where legally available. He said the support applied regardless of employees’ state and included other family-planning decisions.
Skechers President Michael Greenberg said Monday that the company will expand its benefit program to include $4,000 in travel expense reimbursement so that employees can receive medical care, including abortion services, where legally available. The move comes as many companies, from Dick's Sporting Goods to Nike to Adidas issued similar statements in the wake of the Supreme Court's Friday decision to overturn Roe v. Wade.
In 2021, nonprofits and a former Uyghur detainee filed a complaint in Paris accusing Skechers and other retailers of encouraging and profiting from Uyghur forced labor. The prosecutor’s office dropped its investigation in 2023, citing lack of jurisdiction. Skechers also denied a 2022 Global Times claim that U.S. customs seized one of its shipments.
Skechers's ties with Dongguan Oasis have come back to haunt it before. It was the subject of a 2021 complaint that a group of nonprofits and a former Uyghur detainee filed with the public prosecutor's office in Paris. Together with Zara owner Inditex, Uniqlo and Sandro and Maje parent SCMP, Skechers was accused of "encouraging and profiting" from Uyghur forced labor, whether directly or indirectly. The office dropped the investigation in 2023, citing its lack of jurisdiction.
The Human Rights Campaign’s Skechers USA, Inc. corporate profile shows a score of 5 out of 5 on its equity scorecard. The supplied evidence provides no date or further detail about the criteria behind the rating.
A December 2024 Vogue ad for Skechers drew social-media criticism after viewers pointed to visual irregularities they said suggested AI generation. TikTok creator @polishlaurapalmer criticized the image, and other users echoed the reaction. Fortune reported Skechers did not immediately respond to requests for comment; the company’s use of AI was alleged, not confirmed.
Skechers is treading on thin ice with some would-be customers after taking out a full-page ad in Vogue that many found quite fishy. The advertisement in question appears in the December issue of the magazine, notably curated for the first time by a guest editor, Marc Jacobs.
OpenSecrets reports $13,808 in contributions for the 2024 election cycle, all from individuals rather than the organization; 80.73% went to candidates, 17.07% to party committees and 2.19% to outside groups. Its historical figures show contributions varied by cycle, including a Democratic majority in 2020 and a Republican majority in 2022.
Washington residents Stephen Liss and Boni Melchor allege Skechers used urgent email subject lines for discounts that continued after stated deadlines. On May 19, 2026, a federal judge denied Skechers’ bid to dismiss the claims, allowing the proposed class action to proceed; the suit seeks millions in damages. Skechers did not immediately comment.
In September 2025, Washington residents Stephen Liss and Boni Melchor filed a complaint accusing Skechers of using urgent phrases like "Today Only!", "The Clock Is Ticking," and "Don't Miss Out" in their emails, but then keeping the deals going after the deadlines had passed. For example, the plaintiffs said Skechers sent a May 26, 2025, email saying "Long Weekend Savings End Tonight," followed by another the next morning titled "Surprise! Long Weekend Savings Extended for Today," according to Reuters.
Two Washington shoppers behind a proposed class action accusing Skechers USA Inc. of sending false and misleading marketing emails must take their claims to arbitration, the footwear brand told a Seattle federal court Friday.
While many retailers send frequent emails to consumers, the lawsuit said Skechers had become "practiced" in sending emails to consumers in Washington state with such phrases as "the clock is ticking" and "Today Only!" to pressure them into making purchases in a hurry.