BOBS® FROM SKECHERS® LAUNCHES SECOND YEAR OF PAWS FOR A CAUSE DESIGN SCHOLARSHIP

by Zach | Sep 3, 2024 | Press Release

Sep 3, 2024 • 11:30 am EDT

The Company kicks off the sophomore year of its popular contest for college designers, welcoming its first scholarship winners to the judges’ panel 

LOS ANGELES – September 3, 2024 – Skechers continues to connect young creatives across the country to the Company’s lifesaving BOBS movement with the second year of its national Skechers Paws for a Cause Design Scholarship. Officially kicking off today, the program engages students as designers to create animal-themed prints for the BOBS collection that build awareness for shelter pets as part of its philanthropic offering.

The second year of the program will include last year’s scholarship winners Maki S. and Teeny N., who will join the judging panel to aid in the selection of the next generation of talent.

Said new student judge Maki, whose rescue pups inspired her winning “Bark ‘n’ Drive” design: “The scholarship I received from Skechers is now helping to fund my current school year—and their mentorship has helped me learn how to take my ideas to a professional level. It’s been invaluable to go from designing styles in school to seeing what it takes to create them for consumers—and it was so exciting to get press for the first produced print I’ve ever made.”

“It’s hard to believe that the loss of my best friend Firefly has inspired such an incredible journey of growth in my life,” added Teeny, who designed her winning feline print in honor of her childhood shelter cat. “She meant the world to me—and to see the style she inspired in stores and on animal lovers across the country has been such a profound gift. To join this year’s panel of judges on top of everything we’ve received has made this experience even sweeter. I look forward to seeing more students share their hearts and designs this fall, and to play a role in helping them achieve their dreams, just like Skechers has for us.”

Established to enable young creatives and designers to further their education and help shelter pets through their personal stories, the BOBS from Skechers Paws for a Cause Design Scholarship will select BOBS from Skechers prints designed by two winning college students for production in the 2025 collection. The winners will each receive a $10,000 college scholarship from the Skechers Foundation and one-on-one corporate mentorship sessions.

Skechers’ scholarship program is open to students who are presently enrolled in colleges and universities in the United States and will be enrolled in the 2025/2026 academic year. The application consists of creating a dog- or cat-themed print for a BOBS from Skechers shoe, as well as writing about the design and why the BOBS from Skechers mission is important to them. Applications will be accepted through October 31, 2024; winners will be announced in early 2025. 

With $11 million donated since 2015, BOBS from Skechers has now helped save and support over 2 million shelter dogs and cats and continues to impact animals through sales of the collection. A supporter of Petco Love’s network of 4,000 animal welfare organizations in the United States, Skechers has given funds to help provide pet adoptions, vaccination events, check celebrations for organizations, and even flight transport for animals to reach future homes.

BOBS from Skechers product is available at Skechers stores and retailers nationwide. For every specially marked item purchased in 2024, a donation is made to support shelter pets and animal welfare organizations in the United States, Canada and select international markets. To learn more, follow BOBS from Skechers on Facebook and Instagram, or visit BOBSfromSkechers.com.

* No purchase necessary. Application period starts September 3, 2024 at 10:00 AM Pacific Time (PST) and ends October 31, 2024 at 11:59 PST. Two winners will be chosen; approximate retail value (ARV) of each prize is $10,555 ($21,110 total ARV for both prizes). Full rules can be found at https://my.reviewr.com/site/bobsfromskechersdesignscholarship. 

About Skechers U.S.A., Inc.

Skechers (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 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,200 Skechers retail stores. A Fortune 500^® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

About BOBS^® from Skechers^®

BOBS from Skechers’ charitable collection of shoes, apparel and accessories have improved animals’ lives: over the past eight years, Skechers has contributed more than $11 million to help over 2 million shelter pets, including saving more than 1.6 million rescued animals in the United States, Canada, United Kingdom and Japan. 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.com and follow the brand on Facebook and Instagram.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; 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, 2023 and its quarterly reports on Form 10-Q in 2024. 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.

Football Legend Ruud Gullit Joins Team Skechers

by Zach | Aug 26, 2024 | Press Release

Aug 26, 2024 • 3:00 am EDT

Former Netherlands National Team Captain Will Appear in Skechers Marketing Campaigns as the Brand’s First Ambassador for Benelux

BRUSSELS & AMSTERDAM–(BUSINESS WIRE)–
Ruud Gullit, football legend and former captain of the Netherlands National Team, has signed on with global footwear brand Skechers as its first ambassador in Benelux. Named World Soccer Player of the Year twice and known as a “Total Footballer,” Gullit will be featured in multi-platform marketing for Skechers’ footwear and apparel collections, including Skechers Hands Free Slip-ins® as his first campaign.

Skechers Benelux ambassador and football legend Ruud Gullit in Skechers Hands Free Slip-ins® footwear. (Photo: Business Wire)

Skechers Benelux ambassador and football legend Ruud Gullit in Skechers Hands Free Slip-ins® footwear. (Photo: Business Wire)

“I’ve always had a love for stylish shoes. My time playing football in Italy only enhanced that, and the look and feel of Skechers continues to impress me,” Ruud Gullit said. “I’ve thoroughly studied their shoes and visited several stores before engaging with the brand. The versatility of their range immediately appealed to me—especially the comfort, convenience and style of Skechers Hands Free Slip-ins. There’s something for everyone, as I like to say. Whether I’m doing analysis on television, working out, playing golf, or attending a more formal event, Skechers offers appropriate shoes for every occasion.”

“Skechers not only boast stylish looks, but they also provide comfort, thanks to the innovative technologies they’re known for,” Gullit continued. “Their dedication to active lifestyles and sports perfectly aligns with my own motivations and values as a former professional football player. I am looking forward to our collaboration and am proud to be the brand’s first ambassador in my home country.”

“Ruud Gullit is the ideal choice for Skechers because of his charisma, enthusiasm and humor,” said Maurice van Berkel, Country Manager, Skechers USA Benelux B.V. “As a football legend who has made significant contributions to Dutch and European football, Ruud has an instant connection with fans across the region. We are excited to embark on this journey together beginning with our new Skechers Hands Free Slip-ins campaign, reaching new heights, and enhancing his role in our dynamic and ambitious brand growth.”

Born in Amsterdam, Ruud Gullit is considered one of the greatest Dutch footballers of all time. He has played for renowned clubs including HFC Haarlem, Feyenoord, PSV, AC Milan, Sampdoria, and Chelsea. Gullit captained the “golden generation” that became European champions in 1988. Following his illustrious playing career, he transitioned into coaching roles at clubs such as Newcastle United, Chelsea, and Feyenoord. Today, he serves as a football analyst on sports programs.

In addition to Gullit, Skechers features former footballers in its lifestyle advertising across Europe including Jamie Redknapp, Frank Lebœuf, and Fabio Cannavaro. The brand also has a roster of premier league football stars currently competing in Skechers boots on the pitch including Harry Kane, Mohammed Kudus, Oleksandr Zinchenko, and Anthony Elanga.

Skechers’ men’s footwear and apparel are available in Skechers stores, at skechers.nl and skechers.be and in department stores, specialty stores and shoe stores worldwide.

About Skechers U.S.A. Benelux B.V. and Skechers U.S.A., Inc.

Skechers USA Benelux B.V. is a subsidiary of Skechers U.S.A., Inc. (NYSE:SKX), The Comfort Technology Company® based in Southern California. Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,200 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; 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, 2023 and its quarterly reports on Form 10-Q in 2024. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Media Contacts:

Amber van Weert

Skechers USA Benelux B.V.

[email protected]

Serin Tuncehan

TEAM LEWIS

[email protected]

Source: Skechers U.S.A. Benelux B.V.

Howie Mandel Joins Skechers

by Zach | Aug 13, 2024 | Press Release

Aug 13, 2024 • 9:00 am EDT

The America’s Got Talent Host and Comedian Gives the Global Footwear Brand the Golden Buzzer for Skechers Hands Free Slip-ins

LOS ANGELES–(BUSINESS WIRE)–
Skechers caught Howie Mandel in the act: “discovering” the America’s Got Talent host in a Los Angeles-area Skechers store trying to score a discount on his favorite pair of Skechers Hands Free Slip-ins® by claiming he was a Skechers ambassador—when he wasn’t. Caught on camera, the comedian’s story resulted in the brand’s version of a golden buzzer: an official invitation to join Team Skechers and appear in a Skechers Hands Free Slip-ins marketing campaign inspired by the original pair he grabbed in his serendipitous visit.

America’s Got Talent host and comedian Howie Mandel joins the Skechers team as the brand’s newest ambassador. (Photo: Business Wire)

America’s Got Talent host and comedian Howie Mandel joins the Skechers team as the brand’s newest ambassador. (Photo: Business Wire)

“What can I say—they caught me red-handed because I was thinking with my feet. This is penance for trying to get away with that discount—but honestly, their comfort is worth it,” said Howie Mandel. “I’ve been a devoted fan of the brand for years, so the thought of shooting Skechers ads in Skechers Hands Free Slip-ins—and having a new footwear wardrobe—is the kind of payback I’m thrilled to have.”

“America’s got Skechers—and now Skechers has Howie Mandel! The way we found him buying our new Skechers Hands Free Slip-ins was so funny, we’re making it his inaugural Skechers campaign,” said Skechers CEO Robert Greenberg, who was sent a photo of Mandel at the Skechers store purchasing his Slip-ins styles, and promptly signed him to join the Skechers team.

“Howie’s a remarkable judge of great performers—and we’re elated to be his top choice for comfort that performs,” said Michael Greenberg, president of Skechers. “Through decades of comedy and charisma, he possesses a magnetic personality that has endeared him to millions. We’re glad that his life has changed for the better since discovering our Skechers Hands Free Slip-ins, and that he wants to share our message of comfort with the world.”

Added Mandel: “Skechers Hands Free Slip-ins technology is unparalleled. Their styles are so comfortable and with so many designs, they work everywhere I go. The brand’s even made footwear more accessible and convenient for me and my OCD, removing the need to touch them since I can just slip in and go. This partnership is a great way to show the world how Skechers Hands Free Slip-ins simplifies day-to-day life for others, just like they’ve done for me.”

A comedian, television personality, actor, and producer, Mandel’s wide-ranging career includes the voice of Gizmo in Gremlins and Gremlins 2: The New Batch, the role of ER resident Dr. Wayne Fiscus on the NBC medical drama St. Elsewhere, and creator and star of the Fox children’s cartoon Bobby’s World. The longtime host of the game show Deal or No Deal, he has been a judge on NBC’s America’s Got Talent since 2010, and Citytv’s Canada’s Got Talent since 2022.

Mandel joins a team of global Skechers ambassadors—from music icon Snoop Dogg, lifestyle legend Martha Stewart, and TV and fitness personalities Amanda Kloots and Brooke Burke to former professional athletes such as Tony Romo, Howie Long, and Sugar Ray Leonard. The roster of elite pros around the world currently competing in Skechers footwear includes NBA basketball players Joel Embiid, Julius Randle and Terance Mann; golfers Matt Fitzpatrick and Brooke Henderson; soccer players Harry Kane, Mohammed Kudus and Oleksandr Zinchenko; baseball players Clayton Kershaw, Aaron Nola, Chris Taylor and Brendan Donovan; and pickleball pros Tyson McGuffin and Catherine Parenteau.

Skechers offers its complete range of footwear at Skechers retail stores and skechers.com, as well as at department stores and footwear retailers around the globe.

About Skechers U.S.A., Inc.

Skechers (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 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,260 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; 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, 2023 and its quarterly reports on Form 10-Q in 2024. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Jennifer Clay

Skechers U.S.A., Inc.

[email protected]

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

Skechers Launches Footwear Collection With John Deere

by Zach | Aug 1, 2024 | Press Release

Aug 1, 2024 • 9:00 am EDT

The new work, outdoor and fashion offering for men and children pairs John Deere’s rich heritage with innovative Skechers comfort technologies

LOS ANGELES–(BUSINESS WIRE)–
Fans of the iconic John Deere brand and Skechers comfort technologies now have the best of both worlds with the new Skechers x John Deere collection available today. Designed for agricultural professionals, construction workers, outdoor enthusiasts, fashion-minded individuals and children, the new styles boast the perfect mix of innovation and style.

Skechers x John Deere features include Skechers Hands Free Slip-ins® Technology; Skechers Arch Fit®; and composite toe protection, as well as other innovations. (Photo: Business Wire)

Skechers x John Deere features include Skechers Hands Free Slip-ins® Technology; Skechers Arch Fit®; and composite toe protection, as well as other innovations. (Photo: Business Wire)

“Our team has been focused on developing the perfect collection reflective of the active, hard-working customers that bring the John Deere brand to life. We feel our inaugural Skechers x John Deere offering will impress and resonate with shoppers everywhere,” said Michael Greenberg, president of Skechers. “We’ve given this iconic pairing the attention it deserves, with an array of signature features and innovations that have made Skechers ‘The Comfort Technology Company’ demanded worldwide.”

“We’re excited to bring high-quality footwear to all who share the same hardworking spirit as our customers, including fun and playful designs for our youngest brand fans,” said Mara Downing, vice president of Corporate Communications and Brand Management at John Deere.

Skechers’ legendary comfort innovations are prominently used throughout the collection, with patented Skechers Hands Free Slip-ins^® Technology, Skechers Arch Fit^® Technology and Skechers Relaxed Fit^® Technology.

Backed by a commercial highlighting the new collection, the first capsule consists of various styles for men, including all-terrain sneakers featuring Goodyear^® Performance Outsoles built from the brand’s soy-based rubber compound with silica for enhanced traction, stability and durability. The rugged-inspired Skechers x John Deere collection is designed with waterproof materials and protective features like composite toe, nano carbon safety and PORON^® XRD metatarsal protection. A leading brand in the occupational footwear industry, Skechers has also integrated its slip-resistant (ASTM F3445) and electrical hazard-rated technologies into the new offering.

The children’s line includes tractor-inspired designs and kid-friendly features such as S-Lights^® with on/off buttons, Skechers Air-Cooled Memory Foam^® insoles, and machine washable technology.

The Skechers x John Deere sport adventure, work, utility sneaker, boot, and casual footwear collections for adults and kids are now available at Skechers retail stores and www.skechers.com, as well as premium retail partners and specialty retailers worldwide.

About Skechers U.S.A., Inc.

Skechers (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 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,260 Skechers retail stores. A Fortune 500^® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.

About John Deere

Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what’s possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world’s increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial. For more information on Deere & Company, visit us at www.deere.com/en/news/.

About Goodyear

Goodyear is one of the world’s largest tire companies. It employs about 72,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; 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, 2023 and its quarterly reports on Form 10-Q in 2024. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Media Contacts:

Jennifer Clay

Skechers U.S.A., Inc.

[email protected]

(310) 937-1326

Jen Hartmann

Director, Public Relations

Deere & Company

[email protected]

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