{
  "docId": "019dd923-622c-750b-8b99-4037ee85af93",
  "docSlug": "4c8f29888304",
  "documentTitle": "Skechers U.S.A., Inc. (SKX)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-07-19 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 10,
  "pageCount": 34,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "villain_critique",
  "function": "name_villain",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a red flag icon to signal warning/risk regarding the partners listed.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "section_divider",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-4037ee85af93/10",
  "deckHref": "/decks/019dd923-622c-750b-8b99-4037ee85af93",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-4037ee85af93.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-4037ee85af93#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.88,
        "x": 0.11,
        "y": 0.0017
      },
      "kind": "callout",
      "text": "Other partners of Skechers have backgrounds that are not without controversy.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "642bd220-ee0d-4b80-99e7-ee3db2afb8d3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.98,
        "x": 0.02,
        "y": 0.004200000000000001
      },
      "kind": "list",
      "text": "Skechers China CEO Willie Tan was directly linked to sweatshops... Tan is also involved with several other family businesses... We also find that the Company's former Hong Kong partner... Several of Skechers' key Chinese suppliers...",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b0486241-8531-441e-ae01-db254a3c5b97",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.98,
        "x": 0.02,
        "y": 0.0072
      },
      "kind": "list",
      "text": "Prior to Skechers forming its distribution center joint venture... A Buzzfeed investigation reported... Together with his brother, Benny, Benzeevi formed Healthcare Conglomerate Associates... In August 2020, the Tulare County DA formally charged Benny...",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bcf0dc2c-eeb5-4ca8-b61f-dd249d2fdcfa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.98,
        "x": 0.02,
        "y": 0.0035
      },
      "kind": "paragraph",
      "text": "Willie Tan (Skechers China), Michael Leung (Formerly Skechers Hong Kong), and The Dalibu Group",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5936b0f4-d0e3-4b67-b6c1-dd3c81ce7641",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.98,
        "x": 0.02,
        "y": 0.0028
      },
      "kind": "paragraph",
      "text": "Skechers Joint Venture Partners and Suppliers",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "86023ff3-d7f9-45c1-bb60-c2aa31aa9da0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.98,
        "x": 0.02,
        "y": 0.0065
      },
      "kind": "paragraph",
      "text": "Iddo Benzeevi (HF Logistics-SKX)",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9533ee2c-58b2-49d1-83d0-12ebe3110100",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.1,
        "x": 0.02,
        "y": 0.0095
      },
      "kind": "source-note",
      "text": "Sources: See page 11",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fafd61e7-94de-4d26-ba54-9d9686e5193f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.68,
        "x": 0.28,
        "y": 0.03
      },
      "kind": "title",
      "text": "Skechers Ignored Checkered Histories When Selecting Strategic Partners, And Issues Remain Today",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9a1e4ee9-95f0-4844-9e53-414c7a762bef",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 10,
      "from": 8,
      "beatId": "8de72ee7-1a61-4275-beee-b7898e132b3c",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Monster",
      "beatSlug": "overcoming-monster-the-monster",
      "evidence": "The document critiques Skechers' management and key advisors as the 'monster'",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}