Benzinga | Nov 30, 2021 04:58PM EST

Skechers Steps Up Effort To Improve Sustainability

* Skechers USA Inc (NYSE:SKX) is partnering with global environmental nonprofit The Nature Conservancy through a multi-year commitment, with a minimum of $800,000 to protect lands and waters.

* Skechers has also created Our Planet Matters, a new collection of sustainable men's, women's, and children's products that use recycled materials in its designs to help reduce environmental impact.

* The Our Planet Matters offering contains materials such as recycled cotton, polyester, rubber, EVA, and TPU and durable designs and washable technologies.

* Price Action: SKX shares are trading lower by 4.69% at $44.34 on the last check Tuesday.