---
title: Why Skechers Is Suddenly Beating Adidas and New Balance
description: Consumers are increasingly choosing walking and fashion-casual over running sneakers, according to a new report by NPD Group. Nike and its Jordan brand still command 62% of the sneaker market, but Skechers grew to 5% market share, topping Adidas.
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published: '2015-05-19T14:18:04.000Z'
modified: '2023-11-27T18:57:39.000Z'
section: Business
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  - athletics
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  - footwear
  - Nike
  - pubdesk
  - Skechers
  - sneakers
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![144578035_360](https://img.money.com/2015/05/144578035_360.png)

With consumers increasingly choosing walking and "fashion-casual" over running sneakers, California-based Skechers has pulled into second place in the sports footwear market, according to a new report by retail tracker NPD Group.

Nike and its Jordan brand still command a dominant 62% of the sneaker market. But Skechers grew to 5% market share last quarter. Third-place Adidas accounted for 4.6% of the market.

Though running shoes are still by far the most popular type of sneaker in the U.S., the growth in Skechers’s sales—up 29% last year—has mostly come from its casual and walking segments.

“[Walking](https://money.com/best-walking-shoes-for-men/) has been relatively dormant for a number of years, and they’ve kind of reignited it,” NPD Group analyst Matt Powell told the *[Wall Street Journal](http://www.wsj.com/articles/skechers-strides-into-second-place-in-u-s-sports-footwear-market-1431982249)*.

This hot streak follows choppier performance in the early 2000s, and amounts to a turn-around for a company that in 2012 was forced to pay $40 million in fines after the Federal Trade Commission found it falsely claimed its "Shape Ups" shoes could tone the buttocks.

![SKX Chart](http://media.ycharts.com/charts/41eae24d9f215d5eff56d1d3748d8c79.png)

[SKX](http://ycharts.com/companies/SKX) data by [YCharts](http://ycharts.com)

One trend that's helped the company? [Men are increasingly driving](https://www.npd.com/wps/portal/npd/us/news/press-releases/men-increasingly-embrace-fashion-in-footwear/) the shift to sneaker-as-fashion staple.

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