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.
by Zach | Nov 27, 2019 | Press Release
Nov 27, 2019 • 9:00 am EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced that management will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference taking place at the Crowne Plaza Times Square, on Wednesday, December 4, 2019, at 9:20 am ET.
The audio portion of the fireside chat will be available live and on replay for 90 days at the Investor Relations section of the Company’s Website at www.skx.com.
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.
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 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 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.
Company Contact:
David Weinberg
Chief Operating Officer
John Vandemore
Chief Financial Officer
SKECHERS USA, Inc.
(310) 318-3100
Investor Relations:
Andrew Greenebaum
Addo Investor Relations
(310) 829-5400
Press:
Jennifer Clay
Vice President, Corporate Communications
(310) 318-3100
Source: SKECHERS USA, Inc.
by Zach | Nov 26, 2019 | Press Release
Nov 26, 2019 • 4:15 pm EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced the closing of a new $500 million, five-year, senior unsecured credit facility. This new credit facility replaces the $250 million asset-backed credit facility that Skechers entered into in 2015, which was due to expire in June 2020.
The syndicate of lenders includes Bank of America N.A., a subsidiary of Bank of America Corporation (NYSE:BAC), as lead arranger, and BofA Securities, Inc., a subsidiary of Bank of America Corporation, HSBC Bank USA, N.A., a subsidiary of HSBC Holdings plc (NYSE:HSBC) and JPMorgan Chase Bank, N.A., a subsidiary of JPMorgan Chase & Co. (NYSE:JPM) as joint lead arrangers for the facility. Additional participants in the syndicate include Bank of China, Los Angeles Branch, MUFG Union Bank, N.A. and City National Bank.
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.
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.
Company Contact:
David Weinberg
Chief Operating Officer
John Vandemore
Chief Financial Officer
SKECHERS USA, Inc.
(310) 318-3100
Media:
Jennifer Clay
Vice President,
Corporate Communications
SKECHERS USA, Inc.
(310) 318-3100
Source: SKECHERS USA, Inc.
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 100th 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.
by Zach | Nov 14, 2019 | Press Release
Nov 14, 2019 • 9:00 am EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
The Skechers Premium Heritage Limited Edition Holiday Collection is set to drop worldwide tomorrow, November 15. The five-pack offering, designed with luxurious materials on the Company’s most iconic outsoles, follows on the heels of the successful launch of the Premium Heritage One collection.
The Skechers Premium Heritage Limited Edition Holiday Collection drops around the world on November 15. (Photo: Business Wire)
The Skechers Premium Heritage Limited Edition Holiday Collection drops around the world on November 15. (Photo: Business Wire)
“In a world with fast trends and social media creating demand for the latest hot item, consumers want newness, freshness, and something that stands out and is available for a limited time,” said Michael Greenberg, president of Skechers. “That’s the foundation of our Skechers Premium Heritage concept. These are statement shoes with high-end materials and design details on signature Skechers outsoles. It’s a capsule that creates buzz with key opinion leaders.”
The new range expands on the first wave of Premium Heritage styles that launched in September. The Skechers Energy – Captains View updates the original chunky sneaker with red leopard print, tassels, blue overlays and an intricate rope collar. The Skechers D’Lites – Golden Idea delivers a subtle luxe look with soft black leather and gold chain detailing. And there are two looks on the Skechers D’Lites 3.0 – the Cheetah Queen delivers animal power with multi-colored cheetah print plus jeweled laces, and the Flashy Stud (available in both white and black colorways) runs with current logo trends with a massive rhinestone D’Lites embellishment over snakeskin detailing.
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 who appeared in the style. 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 and other cities. 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 new range of Skechers Premium Heritage Limited Edition styles launch November 15 exclusively at skechers.com and in select Skechers retail stores in the United States and around the globe as well as in select specialty retailers in international markets.
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.
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
[email protected]
(310) 937-1326
Source: SKECHERS USA, Inc.
by Zach | Nov 4, 2019 | Press Release
Nov 4, 2019 • 5:31 pm EST
Montgomerie Wins in Playoff After Shooting Tournament Course-Record Round to Capture Seventh Career Senior Tour Victory
MANHATTAN BEACH, CA – November 4, 2019 – Skechers celebrates European golf legend Colin Montgomerie’s win at the Invesco QQQ Championship at Sherwood Country Club in Thousand Oaks, CA. Montgomerie, who competes in Skechers GO GOLF footwear and Skechers-branded apparel, came from five shots behind after shooting a tournament course-record 63 on the last round to enter and win a playoff in a dramatic victory. He’s now ranked fourth on the PGA TOUR Champions leaderboard with a shot at the Charles Schwab Cup Championship this weekend in Phoenix.
Skechers GO GOLF athlete Colin Montgomerie celebrates his win at the PGA TOUR Champions Invesco QQQ Championship in Thousand Oaks, CA.
Skechers GO GOLF athlete Colin Montgomerie celebrates his win at the PGA TOUR Champions Invesco QQQ Championship in Thousand Oaks, CA.
“It was an exciting final day, and I felt great in that last round coming back from the eighth position. Then in the playoff, the bunker gave my opponent trouble, so there was also some luck on my side,” said Colin Montgomerie. “There’s nothing like a win, and I’m happy to be supported on and off the field by so many, including Skechers and its comfortable and reliable golf shoes. I’m ready to make a run for the Championship.”
As one of his generation’s most recognizable and endearing athletes, Colin Montgomerie is a true statesman of golf. Known affectionately to millions around the world as “Monty,” Montgomerie is one of Britain’s most admired sportsmen having held center stage in numerous tournament victories with career highlights including two-time Senior Major winner, eight-time European Order of Merit winner, and winning Ryder Cup team captain. He rose to fame in the 1990s during an unprecedented seven-year run as Europe’s number one player and has earned more prize money than any British golfer in history.
“We couldn’t be more thrilled to be part of Colin Montgomerie’s latest win as he gets closer to the Charles Schwab Cup finale,” said Michael Greenberg, president of Skechers. “Colin is a legend among legends. To see him swinging that club with Skechers on his sleeve and earning a tournament course record in Skechers GO GOLF is integral to building awareness for the brand within the golf community. We know how much this incredible achievement means to his fans and Skechers Performance will be there with him on tour looking for the next one.”
Montgomerie joined the Skechers Performance team in 2015, wears Skechers GO GOLF footwear and apparel on tour and has been featured in ongoing marketing campaigns for the brand. This weekend he competed in Skechers GO GOLF Elite 4™ footwear. Known for its lightweight, high-quality, stable and comfortable designs, Skechers Performance GO GOLF has achieved prominence within the golf category alongside the brand’s award-winning running, walking and training collections, and is the official shoe of the Charles Schwab Cup Championship.
Skechers Performance GO GOLF is available at Skechers retail stores and skechers.com as well as select retail partners including specialty golf pro shops.
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.
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 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
[email protected]
(310) 937-1326
Source: Skechers USA, Inc.