Skechers Pier to Pier Friendship Walk Celebrates 10 Years with Record-Breaking Donation for Kids

by Zach | Mar 11, 2019 | Press Release

Brooke Burke, Skechers Foundation president Michael Greenberg, and Denise Austin celebrate the 10th anniversary of the Skechers Pier to Pier Friendship Walk. (Photo: Business Wire)

Skechers Foundation president Michael Greenberg (second from right) and executive director Robin Curren (third from left) present Skechers Pier to Pier Friendship Walk donations to the Friendship Foundation. Check recipients included executive director Rabbi Yossi Mintz (far right) and managing director Nina Patel (center). (Photo: Business Wire)

Mar 11, 2019 • 3:15 pm EDT

The Walk’s Latest Event Raised More Than $2 Million for Children with Special Needs, Schools and College Scholarships

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– The Skechers Foundation distributed checks for its largest-ever donations to children with special needs and education after a record-setting year at its 10^th annual Skechers Pier to Pier Friendship Walk, sponsored by Nickelodeon and NBC4 Southern California. Celebrities Brooke Burke and Denise Austin as well as executives from Skechers and the foundations receiving donations were on hand for a check presentation ceremony at the Shade Hotel in Manhattan Beach, California on Thursday, March 7.

Brooke Burke, Skechers Foundation president Michael Greenberg, and Denise Austin celebrate the 10th anniversary of the Skechers Pier to Pier Friendship Walk. (Photo: Business Wire)

Among the presentations was nearly $600,000 to the non-profit organization Friendship Foundation to advance its efforts for children with special needs and their families. Additionally, checks totaling more than $1 million were presented to six education foundations. And the Skechers Foundation also continued its annual scholarship program, announcing that college scholarships will be awarded to exceptional high school students nationwide for the third year in a row.

“Since its start, the Walk has raised an incredible $11 million for our kids – and it’s all because of the tens of thousands of walkers, donors and sponsors who have believed in our event as passionately as we believe in our children,” said Michael Greenberg, president of Skechers. “For the past decade, they’ve supported and have rallied for us as we’ve grown into the largest event of our kind in the state. This event’s great success is really thanks to them.”

“The Skechers Pier to Pier Friendship Walk inspires, it educates, it empowers. A generation of children have benefitted from our love and support with new opportunities that came straight out of this event,” said Brooke Burke, a long-time supporter of the Skechers Pier to Pier Friendship Walk. “I’m so honored to take part in this annual tradition of inclusiveness, positivity and belief in our kids. It’s community movements like this that are changing our children’s lives.”

Exclusively funded by the Walk’s sponsors, the Skechers Foundation’s scholarship program will offer the high school class of 2019 the latest opportunity to receive scholarships based on need and exceptional achievements in academics, athletics and leadership. Administering the program is Scholarship America® – the nation’s largest designer and manager of scholarships, tuition assistance and education support programs. The application at www.SkechersFriendshipWalk.com is currently available to all high school seniors in the United States; winners will be announced in early June.

In just 10 years, the Skechers Pier to Pier Friendship Walk has grown from a passionate community of a thousand that raised $220,000 in 2009, into an annual, star-studded festival – attracting celebrities including South Bay fitness guru Denise Austin, sport legends like Sugar Ray Leonard and Tommy Lasorda, as well as Brooke Burke, Jimmy Kimmel, and more than 13,000 people in 2018 to support children with special needs and education. In addition to the Friendship Foundation, the Walk supports educational foundations committed to improving public schools – protecting teachers’ jobs, retaining STEM and vital academic and cultural programs, maintaining smaller class sizes, improving libraries and upgrading school technology.

Greenberg continued: “We want to extend special thanks to our co-presenter Nickelodeon, media sponsor NBC4 Southern California and the more than 100 companies with a conscience, who’ve returned year after year to support our Walk, instill confidence and joy in our kids with special needs, and inspire our kids to realize their dreams and all the ways they can shape the world.”

In addition to Nickelodeon and NBC4 Southern California, The Skechers Foundation thanks the many sponsors who have contributed to the Skechers Pier to Pier Friendship Walk’s successful first decade – from The Claudette & Ethan Rickett Care Foundation and United Legwear & Apparel to dozens of other companies who have lent their support.

About Skechers Foundation

The Skechers Foundation was established to provide families around the world with the necessities and skills to succeed in life. In addition to organizing the Skechers Pier to Pier Friendship Walk, the Skechers Foundation funds tax-exempt, 501(c)(3) nonprofit organizations that provide education and job training, shoes, clothing, fitness and nutrition guidance to communities in need.

About Skechers U.S.A., 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 3,000 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, India, 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. 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, Inc.
[email protected]

Skechers GO RUN Razor 3 Hyper™ Named Editors’ Choice By Runner’s World

by Zach | Mar 7, 2019 | Press Release

The innovative Skechers GO RUN Razor 3 Hyper™ performance running shoe lands the cover as Editors’ Choice in Runner’s World. (Photo: Business Wire)

The innovative Skechers GO RUN Razor 3 Hyper™ performance running shoe was named Editors’ Choice by Runner’s World. (Photo: Business Wire)

Mar 7, 2019 • 1:19 pm EST

Innovative Performance Running Shoe Receives Top Accolades As New Colorway Launches at Skechers Performance™ Los Angeles Marathon®

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Skechers today announces that Runner’s World has named the Skechers GO RUN Razor 3 Hyper™ performance training shoe as the “Editors’ Choice” in a March/April 2019 cover story of best new running shoes. The editors raved that the style is the first example featuring the buzz-worthy new Skechers-developed midsole foam called Hyper Burst™.

The innovative Skechers GO RUN Razor 3 Hyper™ performance running shoe lands the cover as Editors’ Choice in Runner’s World. (Photo: Business Wire)

Given to an outstanding running shoe that successfully combines the highest-quality design and technology, the Editors’ Choice was awarded to Skechers GO RUN Razor 3 by the publication’s editors after more than 100 styles were tested by the Runner’s World Shoe Lab. This included feedback from over 250 runners who wear tested each product through a month’s worth of mileage. Runner’s World noted that the testers “found the Razor likes to be pushed hard and go fast. The foam underfoot is relatively firm, but at the same time feels protective and takes the harshness out of the pavement when you’re cranking.”

“It’s always an honor for our products to be recognized and Runner’s World is one of the most prestigious reviewers of gear in the sport,” said Michael Greenberg, president of Skechers. “We’ve been perfecting our new Hyper Burst cushioning foam for some time, so for this technology to reach the market in the Skechers GO RUN Razor 3 Hyper and be viewed so positively is really a testament to the hard work of our designers, developers and even Meb Keflezighi and Edward Cheserek who train in the shoe. We expect Runner’s World readers and the vast running community to see how Skechers continues pushing the innovation platform in performance footwear.”

Introduced by the Skechers Performance Division late last year, the foundation of the 6.4 oz. Skechers GO RUN Razor 3 Hyper is the Hyper Burst midsole, which is made using a “super critical™” foaming process to create spherically-shaped cells in tight format. It is the lightest and most resilient midsole foam that Skechers Performance has offered to date. The unique irregular cell structure is unlike most other EVA foams on the market today.

The style also features a durable, translucent ripstop mesh upper that ensures support and breathability plus strategically-placed rubber on the outsole for durability and traction. A seamless upper construction helps enhance comfort while the signature M-Strike technology helps promote a midfoot strike for greater efficiency in every stride. It’s a versatile fast trainer or race-day shoe. A new Skechers GO RUN Razor 3 Hyper gray and black colorway is set to debut later this month at the Skechers Performance Los Angeles Marathon—where the brand has been title sponsor since 2014.

The Skechers Performance division was established when Meb Keflezighi wore the first model of Skechers GO RUN in 2012, and the collection has earned respect throughout the running world and won numerous awards within the footwear industry. Skechers Elite runner Edward Cheserek trains, races and has won numerous events in products featuring the new Hyper Burst midsole.

The Skechers GO RUN collection for men and women is available at Skechers retail stores and skechers.com as well as select retail partners.

About Skechers U.S.A., 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 3,000 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, India, 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. 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, Inc.
[email protected]

Skechers Hits Runway At London Fashion Week

by Zach | Feb 19, 2019 | Press Release

Feb 19, 2019 • 12:00 pm EST

LONDON – 19 February 2019 – The iconic Skechers D’Lites footwear collection stepped onto the runways of Mercedes-Benz London Fashion Week as part of the Autumn/Winter 2019 collections from three celebrated designers. Models wore the global footwear brand’s iconic and retro Skechers D’Lites line during the shows of Jayne Pierson and Pam Hogg, as well as at the Malan Breton event. 

The Skechers appearance at Mercedes-Benz London Fashion Week follows its entrance at New York Fashion Week Spring/Summer 2019 as well as runways in Johannesburg, Dubai, Auckland and Berlin. The three designers featuring Skechers D’Lites helped illustrate how the fashion sneaker line easily coordinates with a wide assortment of styles.

“The chunky sneaker phenomenon has been making appearances on runways and in top fashion design houses, so we’re excited that Skechers D’Lites is bringing that buzz and excitement to London,” said Marvin Bernstein, managing partner of Skechers S.à.r.l. “This look has been resonating with trend-focused consumers in the UK, across Europe and around the globe. After a successful launch with Highsnobiety for our Skechers D’Lites X One Piece collaboration in 2018, we’re seeing the enthusiasm from influencers, designers and fans continuing as style and comfort remain at the forefront in 2019.”

Known for designing bespoke garments for musicians and actors, Welsh designer Jayne Pierson’s edgy collection rocked the runway at Fashion Scout, Freemason’s Hall. Pierson played with graphic leather and faux fur pieces in her carefully crafted designs, which she paired customized Skechers D’Lites 3.0 trainers. The sneakers hit the catwalk embellished with graphic paint and faux fur accents complimenting her designs.

British designer Dr. Pam Hogg has a celebrated history designing for musicians and the SoHo scene dating back to the Eighties. Her Autumn/Winter 2019 collection shown at Fashion Scout, Freemason’s Hall brought her provocative flair to the forefront. Models in skin-tight catsuits, bright monochromatic ensembles and PVC embellishments walked the runway wearing the retro chunky Skechers D’Lites 3.0—some of which were also embellished.

Skechers D’Lites final appearance was in Malan Breton’s elegant collection of exaggerated outlines, tailoring and daring patterns. The Taiwanese designer’s beautifully constructed pieces complimented the period features of The House of St Barnabas venue as well as the jewelled accents on the Skechers D’Lites 3.0 sneakers. The execution of the relationship between chunky street style and straight tailoring was a statement to both the power of the fashion sneaker and the direction of comfort in women’s styling.

Styles from the collection worn last week include selected colourways from the updated Skechers D’Lites 3.0 collection that features an even chunkier outsole.

Skechers pioneered the chunky sneaker look two decades ago with the Skechers Energy for men and women as well as the Skechers Stamina for men. The style evolved and the Company introduced Skechers D’Lites—a lighter version of its original style—in 2007. Though the collection has always had a dedicated consumer base, popularity accelerated across Asia over the last two years after regional marketing included K-Pop groups. The collection has since been featured on the fashion editorial pages of Elle, Marie Claire and GQ, among others. And in 2017, the Company relaunched an even lighter update of Skechers D’Lites in celebration of its ten-year anniversary. Fashion site Hypebae declared D’Lites the “It Shoe of 2018.” 

Skechers D’Lites 3.0 at Jayne Pierson fashion show during London Fashion Week. Image courtesy of Alicja Romanowska.

Skechers D’Lites 3.0 at Pam Hogg fashion show during London Fashion Week. Image courtesy of Alicja Romanowska.

About Skechers U.S.A., 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 3,000 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, India, 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 the Company’s annual report on Form 10-K for the year ended December 31, 2017, and its quarterly report on Form 10-Q for the three months ended September 30, 2018. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.