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Skechers USA Inc. Message Board

  • somethinghappeninghere somethinghappeninghere Sep 28, 2011 11:01 AM Flag

    Skechers shares move lower after Reebok settles deceptive ad claims

    Skechers shares move lower after Reebok settles deceptive ad claims
    The Federal Trade Commission announced that Reebok International has agreed to resolve charges that the company deceptively advertised “toning shoes,” which it claimed would provide extra tone and strength to leg and buttock muscles. Reebok will pay $25M as part of the settlement agreement. Skechers, which markets a line of Shape-Ups toning shoes, is trading lower following the announcement, down 28c, or 1.86%, to $14.80

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