Skechers released its first-quarter performance. Sales increased 12.5% YoY to $2.25 billion, setting a new record. Net profit amounted to $210 million, with a gross profit margin of 52.5%, up by 360 basis points. By market, sales in the Asia-Pacific region grew by 16%, with China specifically maintaining double-digit growth in the first quarter, reaching $320 million, a year-on-year increase of 13.3%. Europe, the Middle East, and Africa saw a 17% increase, while the Americas experienced 8% growth.