Skechers Elite Athlete Brooke Henderson Wins Amundi Evian Championship

Skechers Elite Athlete Brooke Henderson Wins Amundi Evian Championship

Jul 25, 2022 • 2:08 pm EDT

Wearing Skechers GO GOLF footwear, Canada’s Top-Winning Golfer Earns Second Major Championship Victory

LOS ANGELES–(BUSINESS WIRE)–
Earning the second major championship victory of her career and 12th professional win overall, elite golfer Brooke Henderson, competing in Skechers GO GOLF® footwear and apparel, took the win yesterday at the Amundi Evian Championship at the Evian Resort Golf Club in Evian-les-Bains, France. Holding the overall lead through the first three rounds as the first LPGA player to ever card back-to-back 64s in a major, Henderson finished 17 under par and won by a single stroke, moving up to #2 on the Race to CME Globe season standings.

Skechers Elite Athlete Brooke Henderson Wins Amundi Evian Championship

Skechers Elite athlete Brooke Henderson, competing in Skechers GO GOLF Elite 4 HYPER™ footwear, wins Amundi Evian Championship to earn second career major championship victory. Photo Credit: Stuart Franklin / Getty Images

Skechers Elite athlete Brooke Henderson, competing in Skechers GO GOLF Elite 4 HYPER™ footwear, wins Amundi Evian Championship to earn second career major championship victory. Photo Credit: Stuart Franklin / Getty Images

“What a great feeling it was to sink that birdie putt to close a wild final round for the win!” said Brooke Henderson. “I signed with Skechers only a couple months after my first major championship six years ago and I’ve had some huge wins along the way since, so I’m excited to earn my second major alongside a brand I trust that’s been on my team for most of my career.”

“This amazing season for Brooke (Henderson) continues as she follows her ShopRite Classic win last month with an exciting major championship victory at the Amundi Evian Championship in our innovative GO GOLF shoes,” said Michael Greenberg, president of Skechers. “Brooke’s a true inspiration and her passion for this sport is clear in each of her wins. She brings her A-game to all that she does, and we’re proud she’s finding such phenomenal success on the course in our supportive and comfortable golf footwear.”

Henderson has become a prominent face in women’s golf since turning professional in December 2014. She won her first LPGA Tour event in 2015 at the Cambia Portland Classic, a title she would defend in 2016. She went on to become the second youngest player to capture a major championship with her win at the 2016 KPMG Women’s PGA Championship. Brooke also represented Canada at the Olympic games in Brazil and again in Tokyo in 2021. In 2018, she won the Lotte Championship, and she also became the first Canadian in 45 years to win the national championship at the CP Women’s Open. Now with 12 titles including the ShopRite LPGA Classic in June 2022, Henderson owns the record for most professional golf wins by a male or female Canadian, and in 2019 won the ESPY for Best Female Golfer. She is currently ranked #6 in the World Golf Rankings.

Henderson joined the Skechers elite golf team in 2016, wears Skechers GO GOLF footwear and apparel on tour and has been featured in ongoing marketing campaigns for the brand. She has competed in recent tournaments wearing Skechers GO GOLF Elite 4 HYPER footwear. Additional pros wearing Skechers GO GOLF on tour include Matt Fitzpatrick, who earned his own major championship win at the U.S. Open last month, Colin Montgomerie and Billy Andrade. Known for its lightweight, high-quality, stable and comfortable designs, Skechers GO GOLF has achieved prominence within the golf category alongside the brand’s award-winning running, walking and training collections.

Skechers GO GOLF footwear is available at Skechers retail stores and skechers.com as well as select retail partners, including specialty golf pro shops.

About Skechers USA, Inc.

Skechers USA, Inc. (NYSE:SKX), The Comfort Technology 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. The Company’s collections are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 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, Twitter, 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 around the world, the challenging consumer retail markets in the United States and the impact of Russia’s recent invasion of 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, 2021 and its quarterly reports on Form 10-Q in 2022. 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 Contact:

Jennifer Clay

Skechers

[email protected]

Source: Skechers USA, Inc.

Skechers Collaborates With tokidoki on Limited-Edition Collection

Skechers Collaborates With tokidoki on Limited-Edition Collection

Jul 21, 2022 • 9:00 am EDT

LOS ANGELES–(BUSINESS WIRE)–
In the spirit of the universal mantra that something unexpected and special can happen on any given day, tokidoki and Skechers have partnered for a global footwear collaboration. The fun and whimsical Skechers | tokidoki line launches today and features an all-star cast of colorful characters from the tokidoki universe and its iconic heart and crossbones logo across a range of popular Skechers fashion sneakers for women including Skechers Uno.

Skechers Collaborates With tokidoki on Limited-Edition Collection

Skechers collaborates with tokidoki on limited-edition fashion sneaker collection. (Photo: Business Wire)

Skechers collaborates with tokidoki on limited-edition fashion sneaker collection. (Photo: Business Wire)

“It’s always been my mission to expand the reach of our vision to the greatest audience possible and what better way than on the canvas of Skechers,” said Simone Legno, co-founder and chief creative officer of tokidoki. “Seeing the realized collection with Skechers come to life, it feels like we’ve always been meant for each other, and I can’t wait to see this new expression of tokidoki helping to spread joy and happiness around the world.”

“The playfully inspired designs and iconography of tokidoki is a perfect match for our fashion sneaker collections,” said Michael Greenberg, president of Skechers. “We work with creative and artistic brands like tokidoki to generate excitement among fashion-forward shoppers who seek out opportunities to express themselves in unique ways. These collaborations open the door to new consumers experiencing the unmatched style and comfort that is distinctly Skechers.”

“It’s exciting to debut this new collection that leverages the power of the tokidoki brand and our devoted fanbase along with the reach of Skechers to fashionable consumers in key style markets,” said Pooneh Mohajer, co-founder and CEO of tokidoki. “Skechers has been a truly amazing partner and this collaboration merging tokidoki’s art and Skechers’ footwear designs has resulted in styles that we know will resonate with tokidoki fans of all ages.”

Skechers | tokidoki launches with an initial drop of four styles for women. Sunny Street lace-up fashion joggers feature an all-star cast of tokidoki Unicorno characters and a color-blocked design with black suede accents. Skechers Uno sneakers take color-popping to a whole new level with tokidoki’s signature heart and crossbones logo printed on each pair in bright blue, pink and yellow hues. The cuteness is criminal with Skechers Uno 2 retro-style fashion sneakers with a fun allover print of tokidoki’s adored characters on one of Skechers most treasured silhouettes. And Upbeats are the perfect white sneaker for the summer, with colorful piping and pops of tokidoki character designs on the outsole.

Styles in the Skechers | tokidoki collection for women are available at select Skechers retail stores and at Skechers.com in the United States and Canada today and is rolling out to key fashion markets around the world. A second global fashion drop will follow in September.

About SKECHERS USA, Inc.

Skechers USA, Inc. (NYSE:SKX), The Comfort Technology 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. The Company’s collections are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 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, Twitter, and TikTok.

About tokidoki

tokidoki, which translates to “sometimes” in Japanese, is an internationally recognized and iconic lifestyle brand based on the vision of Italian artist Simone Legno and his partners, serial entrepreneurs Pooneh Mohajer and Ivan Arnold. Since debuting in 2005, tokidoki has amassed a cult-like following for its larger-than-life characters and emerged as a sought-after global lifestyle brand. tokidoki offers an extensive range of products which include apparel, handbags, cosmetics, accessories, toys and more. Simone Legno, tokidoki’s Chief Creative Officer, was born in Rome, Italy and from a very young age developed a deep love of Japan and a fascination with world cultures. Combining Legno’s unique talent and creativity with Mohajer’s business acumen, tokidoki has grown exponentially. As an innovative company, tokidoki is known not only for its eye-popping aesthetic and criminally cute characters but also its megawatt partnerships. For more information please visit www.tokidoki.it and, www.facebook.com/tokidoki and www.instagram.com/tokidokibrand.

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 challenging consumer retail markets in the United States and the impact of Russia’s recent invasion of 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, 2021 and its quarterly report on Form 10-Q for the three months ended March 31, 2022. 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 USA, Inc. [email protected]

Source: SKECHERS USA, Inc.

Skechers to Partner With Woodgreen Pets Charity to Raise Money for Rescue Animals

Skechers to Partner With Woodgreen Pets Charity to Raise Money for Rescue Animals

Jul 19, 2022 • 4:00 am EDT

BOBS from Skechers Charitable Movement Launches in the United Kingdom to Support Animals Nationwide

LONDON–(BUSINESS WIRE)–
Rescue pets are jumping for joy in response to a special new partnership: Skechers USA Ltd., a subsidiary of Skechers USA Inc., is bringing its successful BOBS from Skechers animal lifesaving movement to the UK, teaming up with the pets charity, Woodgreen, to help animals across the country. Through sales of the brand’s playfully fun footwear and apparel, Skechers will give funds that will save and support thousands of Woodgreen pets and their people throughout the UK.

Skechers to Partner With Woodgreen Pets Charity to Raise Money for Rescue Animals

Woodgreen pet Samosa with product from the BOBS from Skechers range. (Photo: Business Wire)

Woodgreen pet Samosa with product from the BOBS from Skechers range. (Photo: Business Wire)

“The BOBS from Skechers program has been a great success in North America, helping more than 1.5 million animals – and now, with the charitable component in the UK through our partnership with Woodgreen, we think we can make a substantial impact in the lives of animals in need,” said Peter Youell, managing director of Skechers UK & Ireland. “BOBS from Skechers has grown into a well-recognised brand, with hugely popular styles that resonate with consumers and animal lovers across our market. For consumers, it’s an easy-to-understand message: for every purchase of specially marked BOBS from Skechers footwear, apparel and accessories, you can make a difference. Look good, feel good—you can’t beat that.”

For every sale of specially marked BOBS from Skechers in the UK, Skechers will donate 25p to Woodgreen. This is expected to raise vital funds enabling Woodgreen to provide safe shelter, specialist care and a brighter future for thousands of dogs, cats and small pets—as well as help owners in need with services such as free advice from the charity’s pet experts, events, workshops, and outreach support in local communities. The new partnership also includes promoting pet adoptions and raising funds in Skechers stores.

Clive Byles, chief executive of Woodgreen, added, “All of us here at Woodgreen are very excited to share our new partnership, and by working together we’ll make a bigger difference for pets and their owners in need. We all love the designs and patterns in the BOBS range, but what we love even more is what the range stands for. Pets play an important part in all of our lives, and this is a fabulous opportunity to help give them the lives they deserve.”

Since 2015, Skechers has donated over US $8 million to save and support over 1.5 million animals through sales of BOBS from Skechers footwear, apparel, and accessories. In the United Kingdom, the collection is available at www.Skechers.co.uk, Skechers stores and key retailers. To learn more, follow Skechers on Facebook, Twitter and Instagram. For more on Woodgreen, visit Woodgreen Pets Charity or follow the organisation at Facebook, Instagram and Twitter.

About Skechers USA Ltd. and Skechers USA, Inc.

Skechers USA Ltd. Is an English subsidiary of Skechers USA, Inc. (NYSE:SKX), The Comfort Technology Company™ based in Manhattan Beach, California. Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 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 Twitter.

About BOBS from Skechers

BOBS from Skechers’ charitable collection of shoes, apparel and accessories have improved animals’ lives: over the past seven years, Skechers has contributed more than $8 million to help over 1.5 million shelter pets, including saving 1.1 million rescued pets in the United States and Canada. It all started in 2011, when Skechers launched a movement to support children impacted by natural disasters and poverty – a cause that has helped the Company donate more than 16 million new pairs of shoes to kids in more than 60 countries worldwide. To learn more about BOBS from Skechers’ commitment to making a difference, visit BOBSfromSkechers.co.uk and follow the brand on Facebook, Instagram and Twitter.

About Woodgreen

Every year, Woodgreen’s dedicated teams work tirelessly to provide safe shelter, specialist care, and a brighter future for thousands of dogs, cats and small pets. Ever since we first opened our doors in north London in 1924, we’ve been transforming pets’ lives – and through them, the lives of their owners. Many of the pets who arrive at Woodgreen’s gates have been abandoned and neglected, leaving them with serious medical conditions and complex behavioural issues. Others simply need a new home because their owners can’t keep them any longer. Whatever the reason for a pet coming to us, we don’t turn them away. And we never judge anyone for giving up their pet or turning to us for support. Our priority is to help every animal and provide the care and rehabilitation they need – and a second chance at happiness.

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 challenging consumer retail markets in the United States and the impact of Russia’s recent invasion of 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, 2021 and its quarterly report on Form 10-Q for the three months ended March 31, 2022. 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.

Petra Kereem

Skechers USA Ltd.

[email protected]

+44 (0) 1707 655 955

Source: Skechers USA Ltd.

Skechers to Report Second Quarter 2022 Financial Results on Tuesday, July 26th

Skechers to Report Second Quarter 2022 Financial Results on Tuesday, July 26th

Jul 12, 2022 • 9:00 am EDT

LOS ANGELES–(BUSINESS WIRE)–
SKECHERS USA, Inc. (NYSE: SKX), The Comfort Technology Company™, today announced that the Company will release its second quarter 2022 financial results after market close on Tuesday, July 26, 2022. Following the press release, David Weinberg, Chief Operating Officer, and John Vandemore, Chief Financial Officer, will host a conference call to review the results 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 USA, Inc., The Comfort Technology 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. The Company’s collections are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 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, Twitter, and TikTok.

Investor Relations

Eunice Han

[email protected]

Source: SKECHERS USA, Inc.

Skechers Opens Superstore in New Jersey

Skechers Opens Superstore in New Jersey

Jun 28, 2022 • 9:00 am EDT

The New Nearly 22,000-Square-Foot Retail Destination at The Mills at Jersey Gardens is the Footwear and Apparel Company’s Largest on the East Coast

LOS ANGELES–(BUSINESS WIRE)–
Skechers announced that the world’s third largest athletic lifestyle footwear brand has opened its biggest East Coast retail destination in New Jersey. Centered around The Comfort Technology Company™ and its many innovations, the new nearly 22,000-square-foot superstore at The Mills at Jersey Gardens will showcase the brand’s renowned styles and latest innovations for men, women and children.

Skechers Opens Superstore in New Jersey

The new nearly 22,000-square-foot Skechers superstore at New Jersey’s The Mills at Jersey Gardens is the Company’s largest destination on the East Coast. (Photo: Business Wire)

The new nearly 22,000-square-foot Skechers superstore at New Jersey’s The Mills at Jersey Gardens is the Company’s largest destination on the East Coast. (Photo: Business Wire)

“Skechers is a multifaceted lifestyle brand that offers footwear of every kind, from sandals and boots to occupational shoes, running, walking, golf and now pickleball shoes, and more,” said Michael Greenberg, president of Skechers. “To help us meet consumers’ growing demand for our product, Simon Property Group found the ideal size and location for our new home—a nearly 22,000-square-foot superstore significantly larger than our previous 2,900-square-foot location at The Mills at Jersey Gardens, and one that allows us to showcase our apparel in a dedicated 4,000-square-foot space. A complete fashion, lifestyle and performance destination that enables regional consumers, locals and tourists to explore our entire comfort offering.”

Located on the second floor of The Mills at Jersey Gardens, the new store features dedicated Skechers Performance and Skechers Work shop-in-shop areas, a 4,000-square-foot dedicated Skechers apparel shop, as well as a vast offering of casual footwear and athletic styles. Designed as an easy-to-shop circulation path, the store is an interactive gallery of the Skechers experience, with captivating digital displays and fabric lightboxes presenting the brand’s marketing. Environmental features include LED lighting, concrete and recycled vinyl flooring and energy-conscious ceiling fans as well as recycled rubber seating throughout the store.

From fashion styles to lifestyle product and performance shoes for sport enthusiasts, Skechers’ offering is enhanced with the Company’s signature comfort innovations—including its patented Skechers Arch Fit Technology™, Skechers Max Cushioning Technology™, Skechers Hyper Burst Technology™, Skechers Air-Cooled Memory Foam®, Skechers Relaxed Fit Technology™, Skechers Stretch Fit Technology™, Skechers Hands Free Slip-ins Technology™ and Massage Fit Technology™.

The Mills at Jersey Gardens is near New York City and Newark International Airport, and the center offers daily transportation from Manhattan Port Authority Bus Terminal for tax-free shopping.

Consumers can shop for Skechers at over 540 Skechers stores in the United States, more than 3,700 international stores, online at Skechers.com, and at many leading retailers worldwide.

About Skechers USA, Inc.

Skechers USA, Inc. (NYSE:SKX), The Comfort Technology 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. The Company’s collections are available in over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 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, Twitter, 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 challenging consumer retail markets in the United States and the impact of Russia’s recent invasion of 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, 2021 and its quarterly report on Form 10-Q for the three months ended March 31, 2022. 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 USA

[email protected]

Source: Skechers USA, Inc.