Skechers GOrun Speed Elite Hyper Now Available to All Competitive Runners

by Zach | Feb 3, 2020 | Press Release

Feb 3, 2020 • 9:00 am EST

Ultra-lightweight Flagship Racing Flat Elevates Skechers’ Performance Running Category

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
The Skechers flagship racing flat, Skechers GOrun Speed Elite Hyper, will now be available to all competitive runners for the first time. This unique racer, originally exclusive to elite Skechers runners, is designed to be as light as possible with quick turnover and running economy in mind.

Skechers GOrun Speed Elite Hyper—the brand’s ultra-lightweight flagship racing flat—is now available to all competitive runners. (Photo: Business Wire)

Skechers GOrun Speed Elite Hyper—the brand’s ultra-lightweight flagship racing flat—is now available to all competitive runners. (Photo: Business Wire)

“Our design team and road testers work tirelessly to ensure that our performance running shoes are fast and deliver the latest innovations,” said Michael Greenberg, president of Skechers. “The pure result of this effort is the Skechers GOrun Speed Elite Hyper—our flagship technical racing flat that represents everything we stand for in the category. We originally designed this shoe specifically for the elite athletes on our team—giving them the competitive edge to win races. Runners around the world have been asking when they could get a pair. We listened, and the Skechers GOrun Speed Elite Hyper is now available to anyone aiming for the podium. We expect the running community buzz generated by the Speed Elite Hyper will also shine the spotlight on our entire collection of award-winning performance running products.”

“The Speed Elite Hyper is a fantastic shoe and it has become my go-to in road races,” said 17-time national champion and Skechers elite runner Edward Cheserek, who tested and provided keen insight on the competitive flat. “It’s great this racer that I helped develop is now available to all runners.”

The Skechers GOrun Speed Elite Hyper is designed to compete with the highest tier of technical running gear in the market. It features a unique patent-pending infused carbon fiber polymer winglet plate that makes the Speed Elite Hyper one of the lightest, fastest, most authentic racers in this category. Developed through biomechanical testing and insights from elite athletes, the winglet plate is designed to help runners transmit power to the ground with reduced energy loss, for improved running economy.

The Speed Elite Hyper is the latest in a collection of running styles from Skechers that feature an innovative 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 shoe also includes Goodyear Rubber Technology on a portion of the outsole for enhanced grip, stability and durability.

Since its debut with the first model of Skechers GOrun worn by Meb Keflezighi in 2012, Skechers Performance footwear has earned respect throughout the running world and won numerous awards within the footwear industry—including 10 editorial awards in 2019 alone.

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 3,300 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 September 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or operations 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

310-937-1326

[email protected]

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

Skechers Elite Athlete Matt Kuchar Wins SMBC Singapore Open

by Zach | Jan 20, 2020 | Press Release

Jan 20, 2020 • 4:51 pm EST

 Wearing Skechers GO GOLF Pro 4, the PGA Tour pro claims first victory in the 2020 season

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers celebrates brand ambassador Matt Kuchar’s victory at the SMBC Singapore Open on the Serapong Course at the Sentosa Golf Club in Singapore. Kuchar—who competes wearing Skechers GO GOLF^® footwear—finished at 18 under par overall and overcame a triple bogey in the final round to end up winning by three strokes. This victory builds off the excitement of his dramatic birdie helping the U.S. team win the Presidents Cup in December.

Skechers elite athlete Matt Kuchar wins the SMBC Singapore Open wearing Skechers GO GOLF Pro 4 footwear. (Photo: Business Wire)

Skechers elite athlete Matt Kuchar wins the SMBC Singapore Open wearing Skechers GO GOLF Pro 4 footwear. (Photo: Business Wire)

“My game took an unexpected turn on the seventh hole, but I was proud to be able to overcome that and regain my focus,” said Matt Kuchar. “I really thank the team at Skechers for supporting me along the way and making sure I stay comfortable on the course.”

“Following his strong 2019 season, we believe Matt Kuchar’s win in Singapore this weekend will be a bright omen for the season ahead,” said Michael Greenberg, president of Skechers. “We’re proud to be along for the ride as we watch and cheer with the fans. Matt’s an important asset for the Skechers GO GOLF brand—a global star in the sport who proves to golfers of all ages and abilities that with dedication and focus it’s possible to energize their game while feeling great on the course—be it 18 holes or a four-day tournament.”

Kuchar has been a leading and respected golfer since breaking onto the golf scene as the U.S. amateur champion in 1998 and as a pro he remains a perennial fixture atop leaderboards. This past season, he earned two victories in a season for the first time since 2013 and also helped the U.S. squad beat the international team at the Presidents Cup. In 2016, Kuchar won a bronze for the United States at the Olympics and was also part of the victorious U.S. team at the Ryder Cup. With more than 100 top-10 finishes since 2001 and now ten overall Tour titles, Kuchar currently sits at number 20 on the Official World Golf Rankings.

Kuchar was one of the first elite pros to join the Skechers Performance Golf Team in 2014. The brand’s roster of elite golfers wearing Skechers GO GOLF also includes Brooke Henderson, Colin Montgomerie, and Billy Andrade. Kuchar has driven several Skechers GO GOLF marketing campaigns with a series of humorous commercials.

Known for its lightweight, high-quality, stable and comfortable designs, Skechers GO GOLF has achieved prominence within the golf category, alongside the brand’s award-winning running, walking and training collections.

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

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 3,300 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 September 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or operations 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

310-937-1326

[email protected]

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

Skechers Celebrates Felix the Cat’s 100th Anniversary With New Collaboration

by Zach | Nov 21, 2019 | Press Release

Nov 21, 2019 • 9:00 am EST

Felix the Cat’s Signature Style Will Appear on the Company’s Lifestyle Collections for Women

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Felix the Cat has a new surprise in his magic bag of tricks: Skechers x Felix the Cat footwear. Launching in celebration of the silent screen star’s 100^th anniversary this month, Felix the Cat will adorn a collection of women’s shoes, all designed in his signature black and white with pops of red.

Skechers x Felix the Cat lifestyle footwear for women launches this month in celebration of the iconic feline’s 100th anniversary. (Graphic: Business Wire)

Skechers x Felix the Cat lifestyle footwear for women launches this month in celebration of the iconic feline’s 100th anniversary. (Graphic: Business Wire)

“Thanks to his iconic status, Felix the Cat boasts a one-of-a-kind cachet that makes him a perfect partner for our women’s footwear,” said Michael Greenberg, president of Skechers. “He brings a fresh retro play to our on-trend Skecher Street product, and his recognizable face on BOBS from Skechers will help drive awareness of our philanthropic collections. We look forward to this new collaboration and seeing all the ways that we can utilize Felix the Cat’s broad appeal across multiple styles to reach more consumers than ever.”

Felix the Cat’s comic strips, character prints, logo details and classic colors are featured on several of Skechers’ popular designs. Initial styles include the brand’s Skecher Street chunky platform cleated and slip-on sneakers, as well as Skechers’ BOBS for Cats alpargatas and casual comfort sneakers.

For every purchase of BOBS from Skechers shoes featuring Felix the Cat, Skechers will make a donation to Petco Foundation to help save the lives of cats and dogs.* Since 2015, the Company has donated more than $4.58 million to animal welfare organizations through sales of its BOBS from Skechers collection — funds that have helped more than 847,000 pets in the United States, including more than 487,000 animals saved through adoptions.

The Skechers x Felix the Cat collection for women will be available at Skechers retail stores, Skechers.com and select department and specialty stores throughout the United States as well as select markets around the world through a multi-year licensing relationship between Skechers and Universal Brand Development.

* Skechers U.S.A., Inc., 228 Manhattan Beach Blvd., Manhattan Beach, CA 90266, 310-318-3100. Petco Foundation, 654 Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During the promotion, twenty-five cents will be donated to the Petco Foundation per item of specially marked BOBS from Skechers footwear sold in the U.S., to help save the lives of dogs and cats in America’s shelters. The promotion runs January 1, 2019 through December 31, 2021.

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 3,300 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.

Felix the Cat: © 2019 DWA LLC. All rights reserved.

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 September 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 we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or operations 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.