International Business News - SKX http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Crocs Inc., which makes plastic clog shoes, said Wednesday it has agreed with rival shoe maker Skechers Inc. to settle all outstanding litigation. The litigation mainly involves Croc's allegations that Skechers infringed on a number of Crocs' patents. Skechers denied the allegations and filed counterclaims against Crocs. http://www.ibtimes.com/articles/20081203/crocs-skechers-settle-legal-dispute.htm Wed, 03 Dec 2008 09:10:14 EST Shoe maker Skechers USA Inc. said Tuesday it is expanding wholesale distribution in Hong Kong and Macau through a partnership with the Onwel Group. The move follows the opening of Skechers' first retail store in Hong Kong's West Kowloon area last month. The company plans seven other store openings before the end of the year. Another 20 stores are planned for the next two years. http://www.ibtimes.com/articles/20080902/skechers-to-expand-hong-kong-distribution.htm Tue, 02 Sep 2008 10:18:03 EDT Sneaker maker Skechers USA Inc. said Thursday it was disappointed that wheeled-footwear manufacturer Heelys Inc. rejected its proposal to enter discussions regarding a business combination. http://www.ibtimes.com/articles/20080821/skechers-still-interested-in-heelys-tie-up.htm Thu, 21 Aug 2008 08:46:37 EDT Heelys Inc. rejected a second unsolicited buyout offer from Skechers USA Inc., saying the shoemaker's $142.8 million cash offer is too low. In a statement issued Tuesday, the maker of wheeled shoes for children said its board rejected Skechers' $5.25 per share bid. http://www.ibtimes.com/articles/20080819/heelys-rejects-skechers-buyout-bid.htm Tue, 19 Aug 2008 18:07:37 EDT Among the premarket stories for Thursday, Aug. 14, from AP Financial News: NEW YORK (AP)--A Piper Jaffray analyst said Thursday that Amazon.com Inc. is still taking e-commerce market share and its third-quarter growth "appears intact." http://www.ibtimes.com/articles/20080814/premarket-roundup-amazon-com-skechers-heelys.htm Thu, 14 Aug 2008 09:31:22 EDT Analysts on Thursday said they expect wheeled-shoe maker Heelys Inc. will reject sneaker-maker Skechers USA Inc.'s $142.8 million acquisition offer. Late Wednesday, Manhattan Beach, Calif.-based Skechers made a $5.25-per-share offer for Heelys Inc. The offer is a nearly 8 percent premium over Heelys closing price on Wednesday. In late May, Skechers offered to buy Heelys for between $4.75 and $5.10 per share, but Carrollton, Texas-based Heelys rejected the offer. http://www.ibtimes.com/articles/20080814/ahead-of-the-bell-heelys-seen-rejecting-skechers.htm Thu, 14 Aug 2008 08:52:34 EDT Skechers USA Inc. raised its once-rebuffed buyout offer for Heelys Inc. on Wednesday as the popular sneaker company tried to acquire the maker of wheeled shoes for children. http://www.ibtimes.com/articles/20080813/skechers-tries-to-acquire-heelys-for-143-million.htm Wed, 13 Aug 2008 17:06:20 EDT Two analysts on Thursday said shoe maker Skechers USA Inc.'s brand remains strong, despite missing expectations in the second quarter, but the market sent shares down sharply in morning trading. http://www.ibtimes.com/articles/20080724/out-of-the-gate-skechers-usa-drops-sharply-on-2q.htm Thu, 24 Jul 2008 09:49:46 EDT ProLogis received a contract to build a distribution center for footwear maker Skechers USA Inc.'s European unit, the company said Wednesday. ProLogis said it will build the 247,000-square-foot facility in Liege, Belgium, for Skechers EDC. The company did not disclose financial terms of the contract. http://www.ibtimes.com/articles/20080611/prologis-to-build-distribution-center-for-skechers.htm Wed, 11 Jun 2008 10:48:14 EDT Among the stock activity stories for Tuesday, June 10, from AP Financial News: NEW YORK (AP)--Shares of Winn-Dixie Stores Inc. fell Tuesday, one day after a rival grocer agreed to buy 49 stores in Florida. http://www.ibtimes.com/articles/20080610/movers-roundup-winn-dixie-stores-shuffle-master.htm Tue, 10 Jun 2008 14:35:11 EDT After years of weakness, analysts are cautiously predicting improving results in the U.S. athletic footwear sector, in time for the back-to-school season, although they stress the overall environment remains difficult. http://www.ibtimes.com/articles/20080610/analysts-see-improvement-in-athletic-shoe-sector.htm Tue, 10 Jun 2008 13:51:30 EDT Skechers USA Inc. shares dropped Tuesday after an analyst downgraded the footwear maker's stock, citing shifting trends toward more athletic styles and broad pressures on consumer spending. http://www.ibtimes.com/articles/20080610/skechers-usa-shares-drop-after-analyst-downgrade.htm Tue, 10 Jun 2008 17:11:35 EDT