Los Angeles All-Star Clayton Kershaw Signs on to Pitch Skechers

Los Angeles All-Star Clayton Kershaw Signs on to Pitch Skechers

Oct 2, 2019 • 12:00 pm EDT

The Major League Ace Pitcher Wearing Skechers on the Mound and Set to Appear in Global Men’s Footwear Campaign

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Just in time for the exciting baseball post-season, big league footwear brand Skechers announces that it’s teaming up with Los Angeles Dodgers all-star ace Clayton Kershaw on a new multi-year partnership. The popular pitcher will appear in global marketing campaigns for Skechers men’s performance and athletic lifestyle footwear set to launch in 2020. Kershaw is also collaborating with the brand on several styles and recently debuted a custom exclusive baseball cleat.

Los Angeles Dodgers all-star pitcher Clayton Kershaw signs with Skechers. (Photo: Business Wire)

Los Angeles Dodgers all-star pitcher Clayton Kershaw signs with Skechers. (Photo: Business Wire)

“I’ve spent my entire career here in Los Angeles, so it feels perfect that I’m partnering with Skechers—a Los Angeles original since 1992,” said Clayton Kershaw. “I’ve been working with the design team on several styles, and I am extremely impressed with the performance and comfort offered by Skechers. We have some unexpected and exciting ideas that fans will love.”

“We are fortunate to have Clayton Kershaw, one of the best pitchers in baseball today, wearing Skechers,” added Michael Greenberg, president of Skechers. “Clayton proves that the comfort and performance of Skechers footwear delivers even when you’re at the top of your game. Fans have already seen Skechers on the mound in the middle of the action, and we’ll soon follow with a full marketing campaign supporting our performance and athletic lifestyle men’s collections. Clayton’s energy, talent, and international fanbase make this partnership a home run for Skechers for years to come.”

A left-handed starter, Kershaw has spent his major league career with the Los Angeles Dodgers. Drafted seventh overall in 2006, he quickly progressed through the Dodgers’ farm system and reached the majors in 2008 at only 20 years old, making him the youngest active player in MLB for an entire year. In 2011, he won the pitching Triple Crown and the National League Cy Young Award, becoming the youngest pitcher to accomplish either of these feats since Dwight Gooden in 1985. He has since won two more Cy Young Awards and was named National League Most Valuable Player in 2014. An eight-time All-Star, Kershaw has the lowest career earned run average and walks per innings pitched average among starters in the live-ball era with a minimum of 1,000 innings pitched. He led the MLB in ERA for four consecutive seasons from 2011 to 2014 and recently surpassed the legendary Hall of Famer Sandy Koufax for most wins and strikeouts by a left-handed starter in Dodgers history.

Clayton Kershaw Launch Collection Skechers. (Photo: Business Wire)

Off the field, Kershaw and his wife, Ellen, seek to serve vulnerable and at-risk children in Los Angeles, Dallas, Zambia and the Dominican Republic through “Kershaw’s Challenge,” the couple’s charitable organization. Skechers shares their commitment to children and has agreed to sponsor the Kershaw’s Challenge annual PingPong4Purpose charity event held at Dodger Stadium each summer. Kershaw has been honored with the Roberto Clemente Award and the Branch Rickey Award for his humanitarian work.

Skechers has a long history working with athletes to represent its men’s collections. The Company’s extended roster of sports icons includes baseball stars like fellow Los Angeles legend Tommy Lasorda, Pete Rose, Mariano Rivera, Ozzie Smith and David Ortiz, as well as athletes Joe Namath, Ronnie Lott, Karl Malone, Kareem Abdul-Jabbar, Rick Fox, Wayne Gretzky, and Joe Montana, plus Sugar Ray Leonard, Howie Long and Tony Romo, who currently appear in Skechers campaigns.

The range of men’s performance and athletic lifestyle footwear from Skechers is available at Skechers retail stores, online at skechers.com, as well as in department and specialty retailers around the globe.

About SKECHERS USA, Inc.

Based in Manhattan Beach, California, Skechers (NYSE:SKX) 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, more than 3,170 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, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

About Kershaw’s Challenge

Kershaw’s Challenge began in 2011 with a little girl in Zambia named Hope, a very evident need in her life, and the realization of a platform to do great things. Today, Kershaw’s Challenge seeks to serve vulnerable and at-risk children living in Los Angeles, Dallas, Zambia and the Dominican Republic. Our goal is to partner with organizations that are committed to this as well and work alongside them on specific projects to make life better for children. www.kershawschallenge.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. 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, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. 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
[email protected]
(310) 937-1326

Skechers Announces an 85% Reduction of Plastic in Its 170 Million Pairs of Footwear Shipped Annually

Skechers Announces an 85% Reduction of Plastic in Its 170 Million Pairs of Footwear Shipped Annually

Sep 26, 2019 • 9:00 am EDT

94% of Shoeboxes and 100% of Tissue Paper and Foot Form Packaging Are Now Recyclable

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Global footwear brand Skechers USA, Inc. (NYSE:SKX) announced that since 2016, the Company has reduced its use of plastic in its footwear packaging by 85 percent to 10 percent of its foot forms, all of which is recyclable. The achievement is part of an aggressive strategy to increase the Company’s use of sustainable packaging worldwide: 99 percent of Skechers-branded shoeboxes meet FSC® standards for responsible sources, and 94 percent are recyclable*, along with all of the Company’s tissue paper packaging. All of Skechers’ packaging materials are also printed with soy- or water-based ink.

Included in Skechers’ global sustainability philosophy are its shipping methods. All of the Company’s master cartons from its factories are printed with soy- or water-based ink and are 100 percent recyclable, and at the distribution centers managing more than 90 percent of its business, its outbound shipping cartons are made with 96-100 percent recyclable materials and are 100 percent recyclable.

“As the third largest worldwide athletic lifestyle footwear brand with more than 170 million pairs expected to ship this year, we want to be as forward-thinking with our packaging and shipping of our product – and these sustainable improvements can have a tremendous impact on the world,” said Michael Greenberg, president of Skechers. “I’m proud of the ongoing efforts we are making to reduce our footprint as we’ve increased our global presence – and look forward to progressing these initiatives as we continue to find ways to lower our impact on the environment.”

In recent years, Skechers has made environmental responsibility a priority as it expands globally. From the Company’s Moreno Valley distribution center for North America to its upcoming Manhattan and Hermosa Beach offices expected to open in 2020, numerous Skechers facilities have or are slated to achieve LEED Gold certification for their sustainable features, which include natural lighting, drought-tolerant landscaping, renewable energy and reduced waste.

*Recycling guidelines, practices and capabilities vary in communities around the world; packaging may not be recyclable in all areas.

About SKECHERS USA, Inc.

Based in Manhattan Beach, California, Skechers 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, more than 3,170 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, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

Reference in this press release to “Sales” refers to Skechers’ net sales reported under generally accepted accounting principles in the United States. This announcement also 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, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. 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]
310.937.1326

Source: SKECHERS USA, Inc.

Skechers Returns to London Fashion Week

Skechers Returns to London Fashion Week

Sep 23, 2019 • 4:00 am EDT

The global footwear brand’s retro heritage styles appear in three runway shows

LONDON–(BUSINESS WIRE)–
Skechers returned to Mercedes-Benz London Fashion Week as male and female models walked the runways in Skechers footwear from a selection of the global brand’s stylish collections. As part of the Spring/Summer 2020 shows of Jamie Wei Huang, as well as designers for A-List actors, renowned models and singers, Fyodor Golan and Bobby Abley, the third largest athletic lifestyle footwear company in the world showcased its now classic-retro Skechers D’Lites, Skechers Energy and Skechers Stamina lines, as well as the Skechers Premium Heritage Limited Edition collection launching later this month in the U.K.

Skechers Returns to London Fashion Week

Skechers Stamina at the Jamie Wei fashion show during London Fashion Week. (Image courtesy of Johnny Fonseca. Additional images available upon request.)

Skechers Stamina at the Jamie Wei fashion show during London Fashion Week. (Image courtesy of Johnny Fonseca. Additional images available upon request.)

“What a debut for our new Premium Heritage Collection as we return to runways in London with more designers featuring our fashion sneakers in their collections!” said Marvin Bernstein, managing partner of Skechers S.à.r.l. “This chunky sneaker look has been resonating with trend-focused consumers around the globe and our new limited-edition styles really take the fashion appeal of these styles to the next level. And this is the perfect venue for consumers, designers and influencers to get excited about the on-trend impact of our entire range of Skechers D’Lites, Skechers Energy and Stamina styles.”

Renowned for her contemporary luxury womenswear, Jamie Wei Huang was the first Taiwanese designer based in London to be scheduled on the runway for the official London Fashion Week shows. Skechers D’Lites, Energy and Stamina lines were well paired with various bold looks from the SS20 collection in a show called ‘Obsessive Compulsive Disorder’, which focused on the journey of creation rather than the perfect final piece.

London-based fashion house Fyodor Golan is a contemporary designer sportswear brand led by duo Fyodor Podgorny and Golan Frydman. Pairing Skechers Energy and Stamina lines within their overarching SS20 theme, ‘Pantastic’, extreme hybrid identities were created, effortlessly combining luxury and street styles.

Skechers also collaborated with imaginative London-based designer Bobby Abley, whose fascination with cartoons has seen him feature iconic characters from The Little Mermaid, Star Wars, Spongebob Squarepants and Aladdin in his designs. For his SS20 ‘Friends of Dorothy’ collection, Bobby Abley takes a trip to Oz to celebrate the 80th anniversary of his mother’s favourite film The Wizard of Oz. The collection paired with Skechers D’Lites, Energy and Stamina styles for men and women.

Skechers pioneered the chunky sneaker two decades ago with the Skechers Energy, and the look soon gained popularity around the globe thanks to the help of stars like Britney Spears. The style evolved with the introduction of Skechers D’Lites—a lighter version of its original style—in 2007. Ten years later, Skechers D’Lites reemerged in Asia on the retro chunky sneaker trend, sparking a global movement that included models walking runways in New York, London, Milan, Berlin, Moscow and Budapest. Always remaining fresh and relevant, the classic look was updated with the more modernized chunkier Skechers D’Lites 3.0 collection and featured in numerous celebrated collaborations. The styles have appeared on fashion editorial pages globally, and covered by taste-making sites like HypeBae, HypeBeast and High Snobiety. The brand is now launching the Skechers Premium Heritage Limited Edition collection, a five-pack of luxe Skechers Energy and Skechers D’Lites styles crafted with high-end materials and on-trend embellishments available in select markets.

About Skechers USA Ltd. and Skechers USA, Inc.

Skechers USA Ltd. is an English subsidiary of Skechers USA, Inc. (NYSE:SKX), which is based in Manhattan Beach, California. Skechers 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, more than 3,170 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, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

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, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. 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.

Petra Kereem

Skechers UK

T: +44 (0) 1707 655 955

Source: Skechers

Skechers Returns to New York Fashion Week Appearing on Runways in Seven Shows

Skechers Returns to New York Fashion Week Appearing on Runways in Seven Shows

Sep 12, 2019 • 3:40 pm EDT

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Models walked the runways at seven New York Fashion Week shows this season in Skechers footwear from a selection of the global brand’s stylish collections. As part of the Spring/Summer 2020 shows hosted during the 15th annual STYLE360 celebrity fashion platform, the third largest athletic lifestyle footwear company in the world showcased its most on-trend and forward styles including iconic chunky heritage Skechers D’Lites sneakers and sandals, Skecher Street, Skechers Sport, as well as the BOBS from Skechers line.

Skechers Returns to New York Fashion Week Appearing on Runways in Seven Shows

Model Sofia Resing wears Skechers D’Lites at the Mery Playa by Sofia Resing show hosted by Klarna STYLE360 during New York Fashion Week. Photo credit: Tom Concordia.

Model Sofia Resing wears Skechers D’Lites at the Mery Playa by Sofia Resing show hosted by Klarna STYLE360 during New York Fashion Week. Photo credit: Tom Concordia.

Three of the seven shows, all occurring on Wednesday, September 11, exclusively featured all models wearing Skechers footwear. 25 looks at Mery Playa by Sofia Resing as well as 16 looks at Revival Swimwear were all in the popular chunky retro Skechers D’Lites sneakers and sandals. And models in the threeASFOUR show wore exclusively customized Ultra Flex and Elite Flex styles from the Skechers Sport collection.

Four additional shows that featured select looks in Skechers include: Ydamys Simo (Skechers Kids) plus Chick (Skecher Street) on Monday, September 9; and Garo Sparo (Skecher Street and Mark Nason Los Angeles styles custom embellished for the show by the designer) plus Studio 189 by Rosario Dawson & Abrima Erwiah (BOBS from Skechers vegan styles) on Tuesday, September 10.

Several fashion stars walked the runways in Skechers including Real Housewives of New York star Tinsley Mortimer and America’s Next Top Model finalist Khrystyana for Garo Sparo as well as top model Kara Del Toro from Elite Model Management for Revival Swim.

“Last year, we were here with just our Skechers D’Lites collection, and now with so many relevant lines, we’re back at New York Fashion Week with even more styles that pair seamlessly with the beautiful designer swimwear, ready-to-wear, and couture on the runway,” said Michael Greenberg, president of Skechers. “Watching such an eclectic range of our top collections move down the runway proves that there’s a perfect Skechers style for every look. Influencers and fashion press covering New York Fashion Week discovered that Skechers continues to be on-trend and in-style with our signature comfort that people can’t find anywhere else.”

Later this month Skechers returns to Fashion Week runways in London and Milan. The brand has also previously appeared in Budapest, Moscow, Berlin, Johannesburg, Dubai, Auckland and Tel Aviv.

Skechers footwear collections for men, women and kids are available in Skechers retail stores, online at skechers.com, as well as department stores and footwear retailers around the globe.

About SKECHERS USA, Inc.

Based in Manhattan Beach, California, Skechers (NYSE:SKX) 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, more than 3,170 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, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

About STYLE360

Throughout their 15-year run, STYLE360 has been responsible for launching the fashion careers of some of the biggest names in the industry including; Kim Kardashian, Eva Longoria, Adam Levine, Ashley Graham, Kristin Cavallari, Rodarte, Alice & Olivia, Daisy Fuentes, and more since their inaugural showing back in 2004. Top models who have also graced the STYLE360 runway include Kendall Jenner, Kylie Jenner, Naomi Campbell, Camille Kostek, Jessica White, Jordyn Woods and Carol Alt to name a few.

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, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. 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.

Media Contact:

Jennifer Clay

SKECHERS USA

[email protected]

(310) 937-1326

Source: Skechers

Skechers Wins Best Brand of the Year in Germany

Skechers Wins Best Brand of the Year in Germany

Sep 5, 2019 • 9:00 am EDT

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers USA, Inc. (NYSE:SKX) today announced that it has been awarded Best Brand of the Year at the Schuhkurier Awards 2019 in Duessldorf, Germany on September 2. According to Schukurier, Skechers was recognized for its innovative and highly creative collection. Additional criteria noted by Schukurier included the Company’s specialized trade orientation, subsequent delivery performance, very good calculation, as well as the brand’s sales growth in the lifestyle segment.

Skechers Wins Best Brand of the Year in Germany

Skechers receives Best Brand of the Year at the Schuhkurier Awards 2019. From left: Christoph Wilkens, Managing Director Skechers Germany; Skechers presenter Peter Bödeker, Chief Executive Officer of Bödeker Schuhhaus; Marvin Bernstein, Managing Partner of Skechers S.à.r.l. (Photo: Business Wire)

Skechers receives Best Brand of the Year at the Schuhkurier Awards 2019. From left: Christoph Wilkens, Managing Director Skechers Germany; Skechers presenter Peter Bödeker, Chief Executive Officer of Bödeker Schuhhaus; Marvin Bernstein, Managing Partner of Skechers S.à.r.l. (Photo: Business Wire)

“We are thrilled to be named best brand by Schuhkurier and this award celebrates the hard work of our retail partners across Germany who have helped drive growth of the Skechers brand for men, women and kids,” said Michael Greenberg, president of Skechers. “From our trend-forward sneakers seen on the catwalk during Berlin Fashion Week to performance running shoes to casual and comfortable everyday styles to innovative options for kids, Skechers really has something for everyone and we’re honored that our peers and partners in Germany have taken notice. We look forward to continuing on this growth path by delivering more in-demand styles to consumers across Germany and around the world.”

The 16th Schuhkurier Awards ceremony celebrates outstanding performance within four categories: best shoe retailer, best brand, trade and new media as well as an award for lifework. The jury met in May and included executives from Schuhkurier and Step, ANWR, Katag, Schuhhaus Höppner, and Rostock. Quotes from the jury relating to Skechers included “very innovative for many years, constant for years, specialist dealer loyal, excellent subsequent delivery capability”, “Intergenerational attractive products”, “good sales rate” and “fashionable on the pulse of time”.

Skechers footwear collections for men, women and kids are available in Skechers retail stores, online at skechers.com, as well as department stores and footwear retailers around the globe.

About Skechers USA, Inc.

Based in Manhattan Beach, California, Skechers 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, more than 3,170 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, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit www.skechers.de and follow us on Facebook.

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, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. 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.

Media Contact:

Jennifer Clay

SKECHERS USA

[email protected]

(310) 937-1326

Source: Skechers USA, Inc.