Skechers Obtains European Union-Wide Preliminary Injunction Against Dockers by Gerli for Infringing on Skechers Hands Free Slip-Ins® Design Patents

Skechers Obtains European Union-Wide Preliminary Injunction Against Dockers by Gerli for Infringing on Skechers Hands Free Slip-Ins® Design Patents

Oct 11, 2023 • 7:00 am EDT

Lawsuit Represents One of Many Enforcement Measures That Skechers Is Taking Worldwide to Protect the Brand’s Skechers Hands Free Slip-Ins® Intellectual Property Rights

LOS ANGELES–(BUSINESS WIRE)–
Skechers USA, Inc., The Comfort Technology CompanyTM, announced today that it has obtained a European Union-wide preliminary injunction against Dockers by Gerli (“Dockers”) for selling a shoe style that infringes on Skechers’ proprietary Skechers Hands Free Slip-ins® designs.

Skechers sued Dockers for design infringement in the Dusseldorf Regional Court in Dusseldorf, Germany. In an October 5, 2023 opinion, the German court found that the Dockers shoe infringed on one of Skechers Hands Free Slip-ins®’ heel pillow designs, and issued a preliminary injunction prohibiting Dockers from continuing to offer its shoe for sale in the European Union.

Michael Greenberg, president of Skechers, stated: “This lawsuit is one of the many enforcement measures that Skechers is taking against third parties worldwide to protect its intellectual property rights in Skechers Hands Free Slip-ins® designs and technologies. While the ruling can be appealed, we are very pleased that the German court in the first instance acknowledged Skechers’ rights and immediately stopped the sale of the offending shoe style throughout the European Union. Skechers invests tremendous resources into product development to introduce fresh, unique and exciting footwear to its customers year in and year out. While Skechers always prefers to compete in the marketplace rather than the courtroom, the Company has no choice but to seek legal recourse when competitors infringe on our intellectual property rights. Skechers will continue to aggressively police and enforce its proprietary rights in Skechers Hands Free Slip-ins®.”

About SKECHERS U.S.A., Inc.

Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. Collections from The Comfort Technology Company™ are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and over 4,700 Company- and third-party-owned physical retail stores. The Company manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may 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,” “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 the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States and the impact of Russia’s war with Ukraine; 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, 2022 and its quarterly reports on Form 10-Q in 2023. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business 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 U.S.A., Inc.

[email protected]

(310) 937-1326

Source: Skechers USA, Inc.

Skechers Collaborates With Influential Artist Ricardo Cavolo

Skechers Collaborates With Influential Artist Ricardo Cavolo

Oct 5, 2023 • 3:00 am EDT

Skechers announces the second chapter of its Visual Artist Series with the dynamic imagery of Skechers x Ricardo Cavolo

MADRID–(BUSINESS WIRE)–
Skechers is giving its Visual Artist Series a vibrant burst of energy with the eclectic cast behind one of Spain’s most influential artists, Ricardo Cavolo. The new Skechers x Ricardo Cavolo footwear capsule for women features the illustrator’s renowned flaming heart and eye imagery on a curated selection of top styles and comfort technologies.

Skechers Collaborates With Influential Artist Ricardo Cavolo

The latest in the Skechers Visual Artist Series, the Skechers x Ricardo Cavolo collection reinvents the brand’s iconic profiles with one of Spain’s most influential artists. (Graphic: Business Wire)

The latest in the Skechers Visual Artist Series, the Skechers x Ricardo Cavolo collection reinvents the brand’s iconic profiles with one of Spain’s most influential artists. (Graphic: Business Wire)

“My art tells stories of characters and their experiences through images that transcend culture and time,” said Ricardo Cavolo. “To see them continue their journey into this new dimension, where they now walk among us, is such a beautiful concept. It’s lovely to see Skechers celebrating art, and how they’re bringing artists and the fashion industry together to give us this incredible experience.”

“Ricardo Cavolo’s art is one of a kind. Fiery, direct and straight to the heart—literally. You can feel it the moment you see it—both in his images and on the collection’s uppers, which he personally designed,” said Michael Greenberg, president of Skechers. “In a world where conversations are exploring how best to protect and nurture our creative voice, we are proud to work hand-in-hand with great talent through our Visual Artist Series and show how their ingenuity inspires us. Cavolo’s symbols of love, empathy and hope are all of this, personified.”

A multimedia artisan known for connecting folk and traditional arts with spiritual imagery and modern tattoo culture, Cavolo transforms timeless icons into a dynamic narrative, focusing on portraiture and playfully depicting protagonists through symmetry and symbolism. Known for his illustrations, publications, fashion collaborations and wide range of globally commissioned works, Cavolo’s art has appeared on public murals and in exhibitions from Paris to Moscow, Mexico City and Hong Kong.

The Skechers x Ricardo Cavolo capsule is the second to debut in Skechers’ Visual Artist Series. Launched by American artist and designer Jen Stark’s hypnotic collection of iconic drip patterns this summer, the brand’s gallery of wearable art spotlights visionaries’ distinct designs on Skechers product in a run of launches through 2024. The Skechers x Ricardo Cavolo limited-edition capsule of three unique styles is now available in Spain at skechers.es, the Skechers store at Gran Vía 31 and its shop-in-shop at El Corte Inglés in Madrid, and the brand’s retail location at Portaferrissa 25 in Barcelona—and will roll out to Skechers retail stores and websites in the U.S. and select global markets.

About Skechers USA Iberia, S.L. and Skechers U.S.A., Inc.

Skechers USA Iberia, S.L. is a subsidiary of Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based in Southern California. Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. Collections from The Comfort Technology Company™ are available in 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and over 4,700 Company- and third-party-owned physical retail stores. The Company manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may 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,” “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 the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States and the impact of Russia’s war with Ukraine; 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, 2022 and its quarterly reports on Form 10-Q in 2023. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business 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.

NOHO COMUNICACIÓN

Beatriz Lombana ([email protected])

Abigail Campos ([email protected])

91 534 30 90

Source: Skechers U.S.A., Inc.

Skechers Obtains European Union-Wide Preliminary Injunction Against Dockers by Gerli for Infringing on Skechers Hands Free Slip-Ins® Design Patents

Skechers to Report Third Quarter 2023 Financial Results on Thursday, October 26th

Sep 28, 2023 • 4:05 pm EDT

LOS ANGELES–(BUSINESS WIRE)–
Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™, today announced that the Company will release its third quarter 2023 financial results after market close on Thursday, October 26, 2023. Following the press release, David Weinberg, Chief Operating Officer, and John Vandemore, Chief Financial Officer, will review the results during a conference call at approximately 4:30 p.m. ET / 1:30 p.m. PT.

The conference call will be broadcast live over the Internet and accessible on the Investor Relations section of the Company’s website at investors.skechers.com. For those unable to listen to the live broadcast, a replay will be available at the same location and archived on the site for one year.

About Skechers USA, Inc.

Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. Collections from The Comfort Technology Company™ are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and over 4,700 Company- and third-party-owned physical retail stores. The Company manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

Investor Relations

Eunice Han

[email protected]

Press

Jennifer Clay

[email protected]

Source: Skechers USA, Inc.

Skechers Artist-in-Residence Doja Cat Launches Signature Collection

Skechers Artist-in-Residence Doja Cat Launches Signature Collection

Sep 21, 2023 • 9:00 am EDT

Styles Available Exclusively on StockX for a Limited Time

LOS ANGELES–(BUSINESS WIRE)–
GRAMMY® award-winning global superstar and style icon Doja Cat further ignites her role as Skechers Artist-in-Residence with the debut of her first footwear collaboration—Skechers x Doja Cat. Launching exclusively for a limited time at 9 AM PT/Noon ET today on StockX, the Doja’Lite is an all-new style that fuses Doja’s modern fashion vision with the classic Skechers D’Lites heritage sneaker from the early 2000s that defined a footwear generation. Doja Cat drove the product design process and dreamed up the avant-garde campaign creative—a play on sound and texture from pure white to destructive dark tones.

Skechers Artist-in-Residence Doja Cat Launches Signature Collection

Skechers x Doja Cat footwear collaboration launches exclusively on StockX for a limited time. (Photo: Business Wire)

Skechers x Doja Cat footwear collaboration launches exclusively on StockX for a limited time. (Photo: Business Wire)

“It feels really cool to be able to create my own shoe with Skechers. To design something inspired by the iconic sneaker my peers wore back in the day—Britney Spears and Christina Aguilera—I feel like I am a part of history,” said Doja Cat, who begins her Scarlet tour on October 31.

The StockX drop will include limited quantities of both the black and white pairs in women’s sizing, which will be available while supplies last. StockX’s physical stores will feature displays designed to celebrate the partnership and build excitement around the highly-anticipated September 22 release of Doja Cat’s new album, Scarlet.

“As the marketplace for current culture, StockX is committed to providing access to of-the-moment products, artists, and trends,” said Deena Bahri, CMO at StockX. “Today’s consumer continues to lean into the nostalgia trend and we couldn’t be more excited to partner with Skechers—a brand with a rich history of conversation-driving collaborations—to help release a product that not only draws inspiration from the recently revived Y2K aesthetic, but also pulls at the heartstrings of those of us who grew up wearing the Skechers D’Lites® of the early aughts.”

“Doja Cat is a fashion icon and the perfect visionary to reimagine one of our most iconic Skechers styles in a way that is both unique and forward-thinking,” said Michael Greenberg, president of Skechers. “Doja Cat generates headlines and buzz through everything she does, so the excitement surrounding the Doja’Lite styles presents an opportunity to introduce a remix of Skechers heritage sneaker designs to audiences globally.”

Doja’Lite sneakers blend aspects of the heritage Skechers D’Lites upper on a rugged modern bottom with quality materials and colors selected by Doja Cat. Styles in the capsule offer unique details like translucent pearlized or marbleized metallic lugged outsoles, premium leathers including snake-embossed patent or genuine suede.

Following the exclusive StockX drop today, more colorways across three distinct styles will arrive for the global product and campaign release on September 28 including a patent black, off-white and lavender, an all-white, and olive green. The full Skechers x Doja Cat collection will be available at skechers.com/doja-cat and in select Skechers retail stores, plus specialty stores worldwide.

About Doja Cat

GRAMMY award-winning global superstar Doja Cat made her first upload to Soundcloud in 2013 at just 16 years old. Having grown up in and around the LA area, she developed a knack for music by studying piano and dance as a kid and listening to the likes of Busta Rhymes, Erykah Badu, Nicki Minaj, Drake, and more. Signed to Kemosabe/RCA Records in 2014, she released her Purrr! EP and followed that with her debut album Amala in spring 2018, but it was her August 2018 release of “MOOO!” which catapulted her into the mainstream and was met with critical acclaim. Doja Cat released her sophomore GRAMMY-nominated platinum album Hot Pink in November 2019 to mass critical acclaim; the album has garnered over 6 billion streams worldwide. It features “Streets,” the viral sensation that soundtracked the ‘Silhouette Challenge,’ one of the biggest TikTok trends to date, and her GRAMMY-nominated #1 smash record “Say So” which has been RIAA certified 6x platinum and catapulted Doja Cat into global superstardom.

With over 20 billion worldwide streams to date, Doja Cat’s creativity and showmanship as a performer have been praised time and time again; she has delivered unique and show-stopping performances on nearly all the major Award Show stages and music festivals throughout the world. Doja Cat’s GRAMMY award-winning album Planet Her came out in June 2021 and dominated the charts, debuting at #1 on the Billboard Top R&B Albums chart and #2 on the Billboard Top 200 and Billboard Top R&B/Hip-Hop Albums chart and generated the highest first day Spotify streams for an album by a female rapper. GRAMMY award-winning “Kiss Me More” ft. SZA, the lead single off Planet Her, is certified 5x platinum by the RIAA and hit #1 at Top 40 and Rhythm radio with over 2.2 billion streams worldwide. That fall, Doja Cat became the first rapper to have 3 songs in the Top 10 at Top 40 radio. Last year, “Woman” went to the top of the Billboard Rhythmic Airplay charts which ascended her to become the first woman to have four #1 hits from one album, other hits including “You Right” with The Weeknd and “Need to Know.” She went on to land at #1 on the Billboard Artist 100 chart for the first time.

Amongst others, Doja Cat has won 5 AMAs, 5 Billboard Music Awards, 5 MTV VMAs, 3 BMI Awards, 2 MTV EMAs, 1 GRAMMY Award and 1 NAACP Image Award along with garnering a total of 16 GRAMMY Award nominations. Additionally, Doja Cat has been nominated for 20 Billboard Music Awards, 17 MTV VMAs, 9 AMAs, 9 BET Awards, 8 MTV EMAs, 5 BMI Awards and dozens more. Doja Cat was named one of TIME100’s Most Influential People of 2023 where she was featured on the April 2023 cover issue and performed at the TIME100 Gala in New York City. Most recently, Doja Cat performed at the 2023 MTV Video Music Awards and won a VMA Award for Art Direction for her track, “Attention.” In August 2023, Doja Cat released her official single and music video, “Paint The Town Red” from her upcoming album Scarlet, which hit #1 on the Billboard Hot 100 Chart and the Global 200 Chart. Currently, “Paint The Town Red” still remains #1 on the Global 200 Chart.

About SKECHERS U.S.A., Inc.

Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. Collections from The Comfort Technology Company™ are available in 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and over 4,700 Company- and third-party-owned physical retail stores. The Company manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

About StockX

StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockX’s powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from artists including KAWS and Takashi Murakami; and electronics from industry-leading manufacturers Sony, Microsoft, Nvidia, and Apple. Launched in 2016, StockX employs around 1,500 people across offices and authentication centers around the world. Learn more at www.stockx.com.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may 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,” “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 the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States and the impact of Russia’s war with Ukraine; 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, 2022 and its quarterly reports on Form 10-Q in 2023. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business 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.

Media Contacts:


Jennifer Clay

SKECHERS U.S.A., Inc.

[email protected]

Katy Cockrel

StockX

[email protected]

Lauren Weissman

R&CPMK

[email protected]

Source: Skechers U.S.A., Inc.

Skechers Obtains European Union-Wide Preliminary Injunction Against Dockers by Gerli for Infringing on Skechers Hands Free Slip-Ins® Design Patents

Skechers to Present at the Wells Fargo Consumer Conference on September 21st

Sep 14, 2023 • 9:00 am EDT

LOS ANGELES–(BUSINESS WIRE)–
Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the Wells Fargo Consumer Conference in Dana Point, CA on Thursday, September 21, 2023 at 10:15 a.m. PT / 1:15 p.m. ET.

The audio portion of the fireside chat will be available live and on replay for 90 days on the Company’s website at investors.skechers.com.

About Skechers U.S.A., Inc.

Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. Collections from The Comfort Technology Company™ are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and over 4,700 Company- and third-party-owned physical retail stores. The Company manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

Investor Relations

Eunice Han

[email protected]

Press

Jennifer Clay

[email protected]

Source: Skechers U.S.A., Inc.