by Zach | Sep 23, 2019 | Press Release
Sep 23, 2019 • 4:00 am EDT
The global footwear brand’s retro heritage styles appear in three runway shows
LONDON–(BUSINESS WIRE)–
Skechers returned to Mercedes-Benz London Fashion Week as male and female models walked the runways in Skechers footwear from a selection of the global brand’s stylish collections. As part of the Spring/Summer 2020 shows of Jamie Wei Huang, as well as designers for A-List actors, renowned models and singers, Fyodor Golan and Bobby Abley, the third largest athletic lifestyle footwear company in the world showcased its now classic-retro Skechers D’Lites, Skechers Energy and Skechers Stamina lines, as well as the Skechers Premium Heritage Limited Edition collection launching later this month in the U.K.
Skechers Stamina at the Jamie Wei fashion show during London Fashion Week. (Image courtesy of Johnny Fonseca. Additional images available upon request.)
Skechers Stamina at the Jamie Wei fashion show during London Fashion Week. (Image courtesy of Johnny Fonseca. Additional images available upon request.)
“What a debut for our new Premium Heritage Collection as we return to runways in London with more designers featuring our fashion sneakers in their collections!” said Marvin Bernstein, managing partner of Skechers S.à.r.l. “This chunky sneaker look has been resonating with trend-focused consumers around the globe and our new limited-edition styles really take the fashion appeal of these styles to the next level. And this is the perfect venue for consumers, designers and influencers to get excited about the on-trend impact of our entire range of Skechers D’Lites, Skechers Energy and Stamina styles.”
Renowned for her contemporary luxury womenswear, Jamie Wei Huang was the first Taiwanese designer based in London to be scheduled on the runway for the official London Fashion Week shows. Skechers D’Lites, Energy and Stamina lines were well paired with various bold looks from the SS20 collection in a show called ‘Obsessive Compulsive Disorder’, which focused on the journey of creation rather than the perfect final piece.
London-based fashion house Fyodor Golan is a contemporary designer sportswear brand led by duo Fyodor Podgorny and Golan Frydman. Pairing Skechers Energy and Stamina lines within their overarching SS20 theme, ‘Pantastic’, extreme hybrid identities were created, effortlessly combining luxury and street styles.
Skechers also collaborated with imaginative London-based designer Bobby Abley, whose fascination with cartoons has seen him feature iconic characters from The Little Mermaid, Star Wars, Spongebob Squarepants and Aladdin in his designs. For his SS20 ‘Friends of Dorothy’ collection, Bobby Abley takes a trip to Oz to celebrate the 80th anniversary of his mother’s favourite film The Wizard of Oz. The collection paired with Skechers D’Lites, Energy and Stamina styles for men and women.
Skechers pioneered the chunky sneaker two decades ago with the Skechers Energy, and the look soon gained popularity around the globe thanks to the help of stars like Britney Spears. The style evolved with the introduction of Skechers D’Lites—a lighter version of its original style—in 2007. Ten years later, Skechers D’Lites reemerged in Asia on the retro chunky sneaker trend, sparking a global movement that included models walking runways in New York, London, Milan, Berlin, Moscow and Budapest. Always remaining fresh and relevant, the classic look was updated with the more modernized chunkier Skechers D’Lites 3.0 collection and featured in numerous celebrated collaborations. The styles have appeared on fashion editorial pages globally, and covered by taste-making sites like HypeBae, HypeBeast and High Snobiety. The brand is now launching the Skechers Premium Heritage Limited Edition collection, a five-pack of luxe Skechers Energy and Skechers D’Lites styles crafted with high-end materials and on-trend embellishments available in select markets.
About Skechers USA Ltd. and Skechers USA, Inc.
Skechers USA Ltd. is an English subsidiary of Skechers USA, Inc. (NYSE:SKX), which is based in Manhattan Beach, California. Skechers designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Petra Kereem
Skechers UK
T: +44 (0) 1707 655 955
Source: Skechers
by Zach | Sep 12, 2019 | Press Release
Sep 12, 2019 • 3:40 pm EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Models walked the runways at seven New York Fashion Week shows this season in Skechers footwear from a selection of the global brand’s stylish collections. As part of the Spring/Summer 2020 shows hosted during the 15th annual STYLE360 celebrity fashion platform, the third largest athletic lifestyle footwear company in the world showcased its most on-trend and forward styles including iconic chunky heritage Skechers D’Lites sneakers and sandals, Skecher Street, Skechers Sport, as well as the BOBS from Skechers line.
Model Sofia Resing wears Skechers D’Lites at the Mery Playa by Sofia Resing show hosted by Klarna STYLE360 during New York Fashion Week. Photo credit: Tom Concordia.
Model Sofia Resing wears Skechers D’Lites at the Mery Playa by Sofia Resing show hosted by Klarna STYLE360 during New York Fashion Week. Photo credit: Tom Concordia.
Three of the seven shows, all occurring on Wednesday, September 11, exclusively featured all models wearing Skechers footwear. 25 looks at Mery Playa by Sofia Resing as well as 16 looks at Revival Swimwear were all in the popular chunky retro Skechers D’Lites sneakers and sandals. And models in the threeASFOUR show wore exclusively customized Ultra Flex and Elite Flex styles from the Skechers Sport collection.
Four additional shows that featured select looks in Skechers include: Ydamys Simo (Skechers Kids) plus Chick (Skecher Street) on Monday, September 9; and Garo Sparo (Skecher Street and Mark Nason Los Angeles styles custom embellished for the show by the designer) plus Studio 189 by Rosario Dawson & Abrima Erwiah (BOBS from Skechers vegan styles) on Tuesday, September 10.
Several fashion stars walked the runways in Skechers including Real Housewives of New York star Tinsley Mortimer and America’s Next Top Model finalist Khrystyana for Garo Sparo as well as top model Kara Del Toro from Elite Model Management for Revival Swim.
“Last year, we were here with just our Skechers D’Lites collection, and now with so many relevant lines, we’re back at New York Fashion Week with even more styles that pair seamlessly with the beautiful designer swimwear, ready-to-wear, and couture on the runway,” said Michael Greenberg, president of Skechers. “Watching such an eclectic range of our top collections move down the runway proves that there’s a perfect Skechers style for every look. Influencers and fashion press covering New York Fashion Week discovered that Skechers continues to be on-trend and in-style with our signature comfort that people can’t find anywhere else.”
Later this month Skechers returns to Fashion Week runways in London and Milan. The brand has also previously appeared in Budapest, Moscow, Berlin, Johannesburg, Dubai, Auckland and Tel Aviv.
Skechers footwear collections for men, women and kids are available in Skechers retail stores, online at skechers.com, as well as department stores and footwear retailers around the globe.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers (NYSE:SKX) designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.
About STYLE360
Throughout their 15-year run, STYLE360 has been responsible for launching the fashion careers of some of the biggest names in the industry including; Kim Kardashian, Eva Longoria, Adam Levine, Ashley Graham, Kristin Cavallari, Rodarte, Alice & Olivia, Daisy Fuentes, and more since their inaugural showing back in 2004. Top models who have also graced the STYLE360 runway include Kendall Jenner, Kylie Jenner, Naomi Campbell, Camille Kostek, Jessica White, Jordyn Woods and Carol Alt to name a few.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS USA
[email protected]
(310) 937-1326
Source: Skechers
by Zach | Sep 5, 2019 | Press Release
Sep 5, 2019 • 9:00 am EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers USA, Inc. (NYSE:SKX) today announced that it has been awarded Best Brand of the Year at the Schuhkurier Awards 2019 in Duessldorf, Germany on September 2. According to Schukurier, Skechers was recognized for its innovative and highly creative collection. Additional criteria noted by Schukurier included the Company’s specialized trade orientation, subsequent delivery performance, very good calculation, as well as the brand’s sales growth in the lifestyle segment.
Skechers receives Best Brand of the Year at the Schuhkurier Awards 2019. From left: Christoph Wilkens, Managing Director Skechers Germany; Skechers presenter Peter Bödeker, Chief Executive Officer of Bödeker Schuhhaus; Marvin Bernstein, Managing Partner of Skechers S.à.r.l. (Photo: Business Wire)
Skechers receives Best Brand of the Year at the Schuhkurier Awards 2019. From left: Christoph Wilkens, Managing Director Skechers Germany; Skechers presenter Peter Bödeker, Chief Executive Officer of Bödeker Schuhhaus; Marvin Bernstein, Managing Partner of Skechers S.à.r.l. (Photo: Business Wire)
“We are thrilled to be named best brand by Schuhkurier and this award celebrates the hard work of our retail partners across Germany who have helped drive growth of the Skechers brand for men, women and kids,” said Michael Greenberg, president of Skechers. “From our trend-forward sneakers seen on the catwalk during Berlin Fashion Week to performance running shoes to casual and comfortable everyday styles to innovative options for kids, Skechers really has something for everyone and we’re honored that our peers and partners in Germany have taken notice. We look forward to continuing on this growth path by delivering more in-demand styles to consumers across Germany and around the world.”
The 16th Schuhkurier Awards ceremony celebrates outstanding performance within four categories: best shoe retailer, best brand, trade and new media as well as an award for lifework. The jury met in May and included executives from Schuhkurier and Step, ANWR, Katag, Schuhhaus Höppner, and Rostock. Quotes from the jury relating to Skechers included “very innovative for many years, constant for years, specialist dealer loyal, excellent subsequent delivery capability”, “Intergenerational attractive products”, “good sales rate” and “fashionable on the pulse of time”.
Skechers footwear collections for men, women and kids are available in Skechers retail stores, online at skechers.com, as well as department stores and footwear retailers around the globe.
About Skechers USA, Inc.
Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit www.skechers.de and follow us on Facebook.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS USA
[email protected]
(310) 937-1326
Source: Skechers USA, Inc.
by Zach | Aug 29, 2019 | Press Release
Aug 29, 2019 • 4:05 pm EDT
MANHATTAN BEACH, Calif.—August 29, 2019– SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced its participation in the Goldman Sachs 26th Annual Global Retailing Conference taking place at the Grand Hyatt New York. The Company will participate in a fireside chat on Wednesday, September 4, 2019, at 3:10pm 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 designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.
Reference in this press release to “Sales” refers to Skechers’ net sales reported under generally accepted accounting principles in the United States. This announcement also contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
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 | Aug 26, 2019 | Press Release
Aug 26, 2019 • 9:00 am EDT
Skechers Earns Fifth Award for its Collection of Hyper Burst™ Running Shoes
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
The Skechers GO RUN Razor 3 Hyper™ performance training shoe takes Runner’s World top honor as it’s awarded “Gear of the Year” in its September/October 2019 issue. Featuring the innovative Skechers-developed Hyper Burst™ midsole foam, the shoe was previously named “Editors’ Choice” in a Runner’s World cover story earlier this year.
Skechers GO RUN Razor 3 Hyper™ named “Gear of the Year” by Runner’s World editors in September/October 2019 issue. (Photo: Business Wire)
Skechers GO RUN Razor 3 Hyper™ named “Gear of the Year” by Runner’s World editors in September/October 2019 issue. (Photo: Business Wire)
Runner’s World editors awarded the Skechers GO RUN Razor 3 Hyper because of its innovative new midsole and performance that ranked highly among wear-testers. It also stood out by offering responsive cushioning that felt protective for such a lightweight shoe. Products that earn the “Gear of the Year” award are selected from the past year’s “Editors’ Choice” winners and rank at the top not only in on-the-road testing, but also in measurements at the magazine’s shoe lab, as well as in delivering excellent value for the runner.
“It’s been an incredible year for our Hyper Burst performance running shoes,” said Michael Greenberg, president of Skechers. “Runner’s World naming the Skechers GO RUN Razor 3 Hyper an ‘Editors’ Choice’ in the Spring marked a new era for our Performance Division, but to be back in the magazine as best of the best on the ‘Gear of the Year’ list is a true honor. Our team of designers introduced a groundbreaking evolution with Hyper Burst, which is now found in a range of styles throughout our collection. This recognition serves as a reminder that every type of runner can turn to Skechers for shoes that are lightweight, while still offering the comfort and support they desire.”
Introduced by the Skechers Performance Division in November 2018, 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 engineered monomesh 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.
Styles featuring Hyper Burst have been consistently earning awards this year. Outside named Skechers GO RUN 7 Hyper™ “Gear of the Year” for the road running category in its Summer 2019 Buyer’s Guide. And Skechers made a big impression at the Outdoor Retailer 2019 show with their upcoming road running shoe—Skechers GO RUN Maxroad 4 Hyper™—earning two editorial awards, “Best of Outdoor Retailer” award by Shape magazine, as well as “Editors’ Choice Outdoor Retailer” by Runner’s World.
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 USA, Inc.
Based in Manhattan Beach, California, Skechers (NYSE:SKX) designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Jennifer Clay
SKECHERS USA, Inc.
[email protected]
Source: SKECHERS USA, Inc.
by Zach | Aug 14, 2019 | Press Release
Aug 14, 2019 • 9:00 am EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers (NYSE: SKX) announced today that it has donated more than $4.23 million to animal welfare organizations through its BOBS for Dogs and BOBS for Cats collections. Since 2014, the funds have helped more than 750,000 pets in the United States, which includes more than 396,000 dogs and cats saved through adoptions.
Skechers has helped save 396,000+ animals through its BOBS for Dogs and BOBS for Cats collections. (Photo: Business Wire)
Skechers has helped save 396,000+ animals through its BOBS for Dogs and BOBS for Cats collections. (Photo: Business Wire)
Since Skechers’ partnership with Petco Foundation began in January 2019, the Company has helped save more than 155,000 animals, a new lifesaving record for the BOBS for Dogs brand. Through more than $830,000 in donations to Petco Foundation, the Company has supported more than 63,500 animal adoptions at local shelters and rescues nationwide, over 86,900 adoptions at Petco stores, community-wide adoption events that have found loving homes for more than 5,000 pets, and more than 11,000 spay and neuter surgeries.
“We are thrilled and inspired to see how substantial an impact our collaboration with Petco Foundation has had in such a short period of time,” said Michael Greenberg, president of Skechers. “It’s really thanks to all of our consumers, their impassioned commitment to our shared cause—and all of the creative ways that we have built our partnership with Petco Foundation to make a greater difference.”
Through its collaboration, Skechers and Petco Foundation have employed a wide range of donation-raising strategies to advance the animal life-saving movement: promoting BOBS for Dogs’ popular shelter pet styles and cartooned animal mosaic casuals; expanding its animal-themed casual and sleepwear collections; and coordinating Petco-exclusive pet accessories with BOBS shoes at Petco locations in the United States—the most successful product that the pet company has ever carried for people at its stores. The partners are also looking to expand this successful charity strategy to Canada in 2020 in support of the thousands of shelter pets in need throughout the country.
“Skechers is unique because the company has the ambition of a strategic global brand and the heart of a non-profit charity organization,” said Susanne Kogut, president of the Petco Foundation. “Since the beginning, they’ve shown a strong interest in hitting the ground giving and making a difference in new, impactful ways. We’re excited to pursue new lifesaving records this year and hope to save more shelter pets than ever with their continued support.”
For each pair of specially packaged BOBS shoes and apparel sold online and in retail stores throughout the United States, and coordinating BOBS shoes and pet accessories sold at Petco.com and select Petco stores nationwide, twenty-five cents is donated to the Petco Foundation to help animal welfare and rescue organizations save and support shelter pets across the United States. To learn more, follow BOBS from Skechers on Facebook, Twitter, Instagram and Pinterest, or visit www.BOBSfromSKECHERS.com.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,170 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.
About Petco and the Petco Foundation
Petco is a leading pet specialty retailer with more than 50 years of service to pet parents. Everything we do is guided by our vision for Healthier Pets. Happier People. Better World. We operate more than 1,500 Petco and Unleashed by Petco locations across the U.S., Mexico and Puerto Rico; complete pet care services and veterinary advice through PetCoach; and petco.com. The Petco Foundation, an independent nonprofit organization, has invested more than $250 million since it was created in 1999 to help promote and improve the welfare of companion animals. In conjunction with the Foundation, we work with and support thousands of local animal welfare groups across the country and, through in-store adoption events, help find homes for more than 400,000 animals every year.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended June 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Jennifer Clay
SKECHERS USA, Inc.
[email protected]
Petco
Ventura Olvera
[email protected]
Petco Foundation
Lisa Lane
[email protected]
Source: Skechers USA., Inc.