Footwear Company and National Pet Brand Announce Their Plan to
Help Save Animal Lives and Improve Pet Health Through Pet Adoptions and
Animal Welfare Programs
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Building on its philanthropic history with animal charities, Skechers
has entered a multi-year partnership with the Petco Foundation. The
footwear company will continue to help save the lives of dogs and cats
through its charity line BOBS from Skechers, donating a portion of its
proceeds to the Petco Foundation’s charity network, which funds and
facilitates adoption and medical care programs, spay and neuter
services, pet cancer research, service and therapy animals and
additional initiatives.
BOBS from Skechers continues to help save animals’ lives with new partner Petco Foundation. (Photo: Business Wire)
BOBS from Skechers continues to help save animals’ lives with new partner Petco Foundation. (Photo: Business Wire)
Skechers is also partnering with Petco to launch BOBS for Dogs and BOBS
for Cats shoes in select Petco retail stores nationwide as well as at petco.com
this April. Along with the footwear, consumers will be able to purchase
coordinated animal accessories branded with BOBS from Skechers.
“Petco’s strength as a leading national brand enables us to give back
like never before,” said Michael Greenberg, president of Skechers. “As a
company that has already donated more than $3 million to save and
support shelter pets, we wanted to find a partner that shares our
ambitious animal welfare goals – and we loved how Petco nurtures pet
parents’ lifelong bonds with their animals, from hosting local
organizations’ adoption events to creating in-store and online
communities where animals and their families can regularly visit for
knowledge and support.”
“We’re excited to launch our new partnership with Skechers – a company
with decades of proven success, whose philanthropic message to save
animals’ lives has resonated with millions,” said Susanne Kogut,
president of the Petco Foundation. “As a global lifestyle company, they
know how much pet owners love to dress, wear and celebrate their
relationship with their beloved animals. We see a real synergy between
the BOBS charity movement and our efforts at the Petco Foundation, and
we’re looking forward to expanding the partnership this spring as animal
lovers visit us in stores and online.”
Skechers’ partnership with the Petco Foundation is its newest commitment
to improving animals’ lives through BOBS for Dogs and BOBS for Cats.
Over the past three years, Skechers helped more than 583,000 shelter
pets, including saving the lives of more than 241,000 rescued animals in
the United States. The Company’s wide-ranging initiatives included a
BOBS Roving Rescue bus to help transport shelter pets to their forever
homes.
Now a year-round lifestyle brand, Skechers’ iconic BOBS for Dogs and
BOBS for Cats collection features popular shelter pets, cartooned animal
mosaics, and world-famous animal personalities like Garfield and Grumpy
Cat – as well as apparel from its recently launched animal-themed casual
and sleepwear collections.
For every pair of BOBS from Skechers shoes sold at Petco, Skechers
stores, other national retail stores and online shopping sites in the
United States, twenty-five cents will be donated to the Petco Foundation
to help animals across the country. To learn more, follow BOBS from
Skechers on Facebook,
Twitter,
Instagram
and Pinterest,
or visit www.BOBSfromSKECHERS.com.
About Skechers U.S.A., Inc.
Skechers U.S.A., Inc. (NYSE:SKX) based in Manhattan Beach, California,
designs, develops and markets a diverse range of lifestyle footwear for
men, women and children, as well as performance footwear for men and
women. Skechers footwear is available in the United States and over 170
countries and territories worldwide via department and specialty stores,
2,802 Skechers Company-owned and third-party-owned retail stores, and
the Company’s e-commerce websites. The Company manages its international
business through a network of global distributors, joint venture
partners in Asia and the Middle East, and wholly-owned subsidiaries in
Canada, Japan, throughout Europe and Latin America. For more
information, please visit about.skechers.com
and follow us on Facebook,
Instagram,
and Twitter.
About Petco and the Petco Foundation
Petco is a leading pet specialty retailer with more than 50 years of
service to pet parents. Everything we do is guided by our vision for
Healthier Pets. Happier People. Better World. The Company operates more
than 1,500 Petco and Unleashed by Petco locations across the U.S.,
Mexico and Puerto Rico; prescription services and pet supplies from the
leading veterinary-operated pet product supplier, Drs. Foster & Smith;
complete pet care services and veterinary advice through PetCoach; and
petco.com. The Petco Foundation, an independent non-profit organization,
has invested more than $230 million since it was created in 1999 to help
promote and improve the welfare of companion animals. In conjunction
with the Foundation, it works with and supports thousands of local
animal welfare groups across the country and, through in-store adoption
events, helps find homes for more than 400,000 animals every year.
This announcement contains forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include,
without limitation, Skechers’ future domestic and international growth,
financial results and operations including expected net sales and
earnings, its development of new products, future demand for its
products, its planned domestic and international expansion, opening of
new stores and additional expenditures, and advertising and marketing
initiatives. Forward-looking statements can be identified by the use of
forward-looking language such as “believe,” “anticipate,” “expect,”
“estimate,” “intend,” “plan,” “project,” “will be,” “will continue,”
“will result,” “could,” “may,” “might,” or any variations of such words
with similar meanings. Any such statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those projected in forward-looking statements. Factors that might cause
or contribute to such differences include international economic,
political and market conditions including the challenging consumer
retail markets in the United States; sustaining, managing and
forecasting costs and proper inventory levels; losing any significant
customers; decreased demand by industry retailers and cancellation of
order commitments due to the lack of popularity of particular designs
and/or categories of products; maintaining brand image and intense
competition among sellers of footwear for consumers, especially in the
highly competitive performance footwear market; anticipating,
identifying, interpreting or forecasting changes in fashion trends,
consumer demand for the products and the various market factors
described above; sales levels during the spring, back-to-school and
holiday selling seasons; and other factors referenced or incorporated by
reference in Skechers’ annual report on Form 10-K for the year ended
December 31, 2017 and its quarterly report on Form 10-Q for the three
months ended September 30, 2018. The risks included here are not
exhaustive. Skechers operates in a very competitive and rapidly changing
environment. New risks emerge from time to time and the companies cannot
predict all such risk factors, nor can the companies assess the impact
of all such risk factors on their respective businesses or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. Given these risks and uncertainties, you should not place
undue reliance on forward-looking statements as a prediction of actual
results. Moreover, reported results should not be considered an
indication of future performance.
Jennifer Clay
SKECHERS USA, Inc.
[email protected]
Petco Foundation
Lisa Lane
[email protected]
Petco
Ventura Olvera
[email protected]
Source: Skechers U.S.A., Inc.