Skechers D’Lites X One Piece Collection Introduces Second Series of Limited Edition Styles

by Zach | Jan 16, 2019 | Press Release

Jan 16, 2019 • 12:15 pm EST

Seven characters set to be featured in unique colorways on the
next generation Skechers D’Lites 3.0

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
After landing as one of the hottest footwear collaborations of 2018, the
Straw Hat Pirates are back for a second limited edition series in the
acclaimed Skechers D’Lites X One Piece collection. This ongoing
collaboration unites returning and new characters from Toei Animation’s
anime series with the next generation Skechers D’Lites 3.0—an evolution
of the footwear company’s iconic chunky sneaker.

Skechers launches a new collaboration with the best-selling manga series on a fresh update of its original chunky sneaker style. The limited edition Skechers D’Lites 3.0 X One Piece collection drops now in Asia and is set to roll out to the US in March and Europe in May. (Photo: Business Wire)

Skechers launches a new collaboration with the best-selling manga series on a fresh update of its original chunky sneaker style. The limited edition Skechers D’Lites 3.0 X One Piece collection drops now in Asia and is set to roll out to the US in March and Europe in May. (Photo: Business Wire)

The new Skechers D’Lites 3.0 X One Piece collection spans seven
colorful styles for women, and six for men. Returning from the first
series are new designs featuring Monkey D. Luffy and Trafalgar Law.
Rounding out the range, there are five new characters making their
Skechers debut: Jimbei, Whitebeard, Blackbeard, Marco, and Boa Hancock.
The new designs will be seen on the Skechers D’Lites 3.0, now with an
even chunkier outsole that modernizes the classic retro sneaker profile
without losing that old school aesthetic.

“Uniting our heritage Skechers D’Lites collection with One Piece
far exceeded our expectations. Given the success, our design team
created a second limited edition series to feed the appetite for this
fun collaboration,” began Michael Greenberg, president of Skechers.
“With the amazing press, influencer response, and consumer reaction
around the globe, it’s befitting that series two of our One Piece
collaboration will be on the highly sought after Skechers D’Lites 3.0.”

“We knew One Piece was cool but Skechers elevated our brand
perception with the collaboration on one of the hottest trends of
2018—chunky sneakers,” said Masayuki Endo, president of Toei Animation,
Inc. “We think this trend is still in high demand and this partnership
with Skechers will again be a win for our best-selling anime in 2019.”

Following the global rollout of the first series, the new Skechers
D’Lites 3.0 X One Piece limited edition collection launches
across Asia in January, arrives in the United States early March 2019,
and reaches Europe in May 2019. The footwear will be available at
Skechers retail stores, www.skechers.com,
and select specialty stores.

Eiichiro Oda’s One Piece is the best-selling manga in history
with more than 430 million copies worldwide. In 1997, it spawned an
acclaimed anime series that has produced 890+ episodes. Following the
adventures of Monkey D. Luffy and his fearless Straw Hat Pirates, fans
are taken on a fantastical journey across a world teeming with wonders
and imagination. A multi-generational property, it continues to
captivate viewers both young and old. The story and its characters have
also expanded across other media into film, television, and video/mobile
games, as well as a theme park in Japan.

The original Skechers D’Lites X One Piece collection launched in
January 2018 with awareness driven by media coverage on fashion site Highsnobiety.
Popular trend-focused outlets Hypebeast and Hypebae also
helped spread the word on the first series and will continue their media
partnership by generating global excitement for series two.

Skechers pioneered the chunky sneaker look two decades ago with the
Skechers Energy for men and women as well as the Skechers Stamina for
men. The style evolved and the Company introduced Skechers D’Lites—a
lighter version of its original style—in 2007. Though the collection has
always had a dedicated consumer base, sales accelerated across Asia over
the last two years after regional marketing included K-Pop groups. In
2017, the Company relaunched an even lighter update of Skechers D’Lites
in celebration of its ten-year anniversary. Skechers will be celebrating
the 20^th anniversary of the Skechers Energy with a revival of
the original style in 2019.

About SKECHERS USA, Inc.

Skechers U.S.A., Inc. (NYSE:SKX), based in Manhattan Beach, California,
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,
2,802 Skechers Company-owned and third-party-owned retail stores, and
the Company’s e-commerce websites. The Company manages its international
business through a network of global distributors, joint venture
partners in Asia and the Middle East, and wholly-owned subsidiaries in
Canada, Japan, throughout Europe, and Latin America. For more
information, please visit about.skechers.com
and follow us on Facebook,
Instagram,
and Twitter.

About Toei Animation, Inc.

Based in Los Angeles, Toei Animation Inc. manages the film distribution
of Toei’s top properties, including Dragon Ball all series, Sailor Moon,
One Piece, Digimon series, Saint Seiya, and many others to North
America, Latin America, South Africa, Australia, and New Zealand. Toei
Animation’s Los Angeles office further handles all categories of
consumer product licensing based on its film and television brands
within these territories.

For more information, please visit http://www.toei-animation-usa.com/.

This announcement contains forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include,
without limitation, Skechers’ future domestic and international growth,
financial results and operations including expected net sales and
earnings, its development of new products, future demand for its
products, its planned domestic and international expansion, opening of
new stores and additional expenditures, and advertising and marketing
initiatives. Forward-looking statements can be identified by the use of
forward-looking language such as “believe,” “anticipate,” “expect,”
“estimate,” “intend,” “plan,” “project,” “will be,” “will continue,”
“will result,” “could,” “may,” “might,” or any variations of such words
with similar meanings. Any such statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those projected in forward-looking statements. Factors that might cause
or contribute to such differences include international economic,
political and market conditions including the challenging consumer
retail markets in the United States; sustaining, managing and
forecasting costs and proper inventory levels; losing any significant
customers; decreased demand by industry retailers and cancellation of
order commitments due to the lack of popularity of particular designs
and/or categories of products; maintaining brand image and intense
competition among sellers of footwear for consumers, especially in the
highly competitive performance footwear market; anticipating,
identifying, interpreting or forecasting changes in fashion trends,
consumer demand for the products and the various market factors
described above; sales levels during the spring, back-to-school and
holiday selling seasons; and other factors referenced or incorporated by
reference in the Skechers annual report on Form 10-K for the year ended
December 31, 2017, and its quarterly report on Form 10-Q for the three
months ended September 30, 2018. The risks included here are not
exhaustive. Skechers operates in a very competitive and rapidly changing
environment. New risks emerge from time to time and the companies cannot
predict all such risk factors, nor can the companies assess the impact
of all such risk factors on their respective businesses or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. Given these risks and uncertainties, you should not place
undue reliance on forward-looking statements as a prediction of actual
results. Moreover, reported results should not be considered an
indication of future performance.

Media Contact:
Jennifer Clay
SKECHERS USA, Inc.
[email protected]

Source: SKECHERS USA, Inc.

Skechers Performance™ Elite Athlete Matt Kuchar Wins Sony Open in Hawaii

by Zach | Jan 14, 2019 | Press Release

Jan 14, 2019 • 6:28 pm EST

Wearing Skechers GO GOLF Pro 4, the PGA Tour pro claims second
victory this season

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers USA, Inc. (NYSE:SKX), celebrates Olympic medalist and Skechers
Performance ambassador Matt Kuchar’s victory at the Sony Open at Waialae
Country Club yesterday in Honolulu. Kuchar—who competes wearing Skechers
GO GOLF footwear—finished at 22 under par overall for his second title
this season, moving him up seven slots to 2^nd place in season
points for the FedEx Cup.

Skechers Performance elite athlete Matt Kuchar wins Sony Open in Honolulu wearing Skechers GO GOLF Pro 4 footwear on January 13, 2019. (Photo: Business Wire)

Skechers Performance elite athlete Matt Kuchar wins Sony Open in Honolulu wearing Skechers GO GOLF Pro 4 footwear on January 13, 2019. (Photo: Business Wire)

“It was a great week, and I have a lot of confidence in my game,” said
Matt Kuchar. “Staying comfortable on the course is key, and I thank the
team at Skechers for supporting me along the way.”

“We’re exceptionally proud to be on Matt Kuchar’s team in what’s already
turning out to be a career season for this amazing athlete,” said
Michael Greenberg, president of Skechers. “His dedication and will to
pull through for victory is an inspiration, and we love that fans are
watching him do it all in Skechers GO GOLF.”

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. He earned two victories in a
season for the first time in 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. The 2019 season is already
turning out to be notable, as he’s now earned multiple titles in a
single season for only the second time in his career. With 100 top-10
finishes since 2001 and nine overall Tour titles, Kuchar currently sits
at number 22 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, Wesley Bryan, Russell Knox,
Colin Montgomerie, and Billy Andrade. Kuchar has driven our Skechers GO
GOLF marketing campaigns with a series of humorous commercials.

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. The Skechers Performance GO GOLF apparel line
offers athletes comfort and freedom of movement through a wide
assortment of styles constructed with innovative moisture-wicking
fabrics in a variety of colors for both men and women.

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 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, 2,802
Skechers Company-owned and third-party-owned retail stores, and the
Company’s e-commerce websites. The Company manages its international
business through a network of global distributors, joint venture
partners in Asia and the Middle East, and wholly-owned subsidiaries in
Canada, Japan, throughout Europe and Latin America. For more
information, please visit about.skechers.com
and follow us on Facebook,
Instagram,
and Twitter.

This announcement contains forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include,
without limitation, Skechers’ future domestic and international growth,
financial results and operations including expected net sales and
earnings, its development of new products, future demand for its
products, its planned domestic and international expansion, opening of
new stores and additional expenditures, and advertising and marketing
initiatives. Forward-looking statements can be identified by the use of
forward-looking language such as “believe,” “anticipate,” “expect,”
“estimate,” “intend,” “plan,” “project,” “will be,” “will continue,”
“will result,” “could,” “may,” “might,” or any variations of such words
with similar meanings. Any such statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those projected in forward-looking statements. Factors that might cause
or contribute to such differences include international economic,
political and market conditions including the challenging consumer
retail markets in the United States; sustaining, managing and
forecasting costs and proper inventory levels; losing any significant
customers; decreased demand by industry retailers and cancellation of
order commitments due to the lack of popularity of particular designs
and/or categories of products; maintaining brand image and intense
competition among sellers of footwear for consumers, especially in the
highly competitive performance footwear market; anticipating,
identifying, interpreting or forecasting changes in fashion trends,
consumer demand for the products and the various market factors
described above; sales levels during the spring, back-to-school and
holiday selling seasons; and other factors referenced or incorporated by
reference in the Company’s annual report on Form 10-K for the year ended
December 31, 2017, and its quarterly report on Form 10-Q for the three
months ended September 30, 2018. The risks included here are not
exhaustive. Skechers operates in a very competitive and rapidly changing
environment. New risks emerge from time to time and the companies cannot
predict all such risk factors, nor can the companies assess the impact
of all such risk factors on their respective businesses or the extent to
which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. Given these risks and uncertainties, you should not place
undue reliance on forward-looking statements as a prediction of actual
results. Moreover, reported results should not be considered an
indication of future performance.

Media Contact:
Jennifer Clay
Skechers
310-937-1326
[email protected]

Source: Skechers USA, Inc.

Skechers Breaks Ground on Corporate Headquarters Expansion

by Zach | Jan 14, 2019 | Press Release

Rendering depicting the new Skechers Design Center in Hermosa Beach, California. This is one of several buildings in development for expansion of Skechers Corporate Headquarters. (Graphic: Business Wire)

Skechers breaks ground on Skechers Corporate Headquarters expansion that will more than double design, office and showroom space in adjacent buildings in Manhattan Beach and Hermosa Beach, California. Shown from left: Chief Operating Officer David Weinberg, Chief Financial Officer John Vandemore, Senior Vice President of Real Estate and Construction Peter Mow, Skechers President Michael Greenberg, and Vice President of Commercial Development Tim Ball. (Photo: Business Wire)

Jan 14, 2019 • 11:00 am EST

New Buildings Cement Footwear Company’s Commitment to Global Growth Adding more than 175,000 Square Feet of Office, Design and Showroom Space

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Footwear industry leader Skechers USA, Inc. (NYSE:SKX) on Friday celebrated a new era and commitment to global growth and its hometown community by breaking ground on an expansion of the Skechers Corporate Headquarters that will span several adjacent buildings in Manhattan Beach and Hermosa Beach, California. The project will more than double the Company’s office, design and showroom space in the South Bay, bringing it to just over 330,000 square feet.

Skechers breaks ground on Skechers Corporate Headquarters expansion that will more than double design, office and showroom space in adjacent buildings in Manhattan Beach and Hermosa Beach, California. Shown from left: Chief Operating Officer David Weinberg, Chief Financial Officer John Vandemore, Senior Vice President of Real Estate and Construction Peter Mow, Skechers President Michael Greenberg, and Vice President of Commercial Development Tim Ball. (Photo: Business Wire)

“We started Skechers in a Manhattan Beach condominium in 1992, and now we’re a global brand with annual sales of over $4 billion in 2017,” began Michael Greenberg, president of Skechers. “Through our years of incredible growth, we’ve called the South Bay home, so to be able to expand our headquarters where this Company was born, is important to who we are. This community inspires all that we do, and we share it with visiting customers from around the globe who shop and eat locally and fall in love with our beaches.”

“It’s been a challenge to meet the needs of our growing business with our existing space,” added David Weinberg, Skechers Chief Operating Officer. “This investment in our corporate headquarters allows us to better plan for the future and increase efficiencies. It will allow us to consolidate our teams, give us room to grow, and enhance our work, design, meeting and showroom space.”

At the centerpiece will be a more than 100,000-square-foot Design Center as well as neighboring Executive Offices on Pacific Coast Highway in Hermosa Beach. Additionally, there will be an expansion to the existing building at 330 South Sepulveda Boulevard and a new office across the street in Manhattan Beach.

All buildings are being developed with sustainability in mind to achieve LEED Gold certification upon completion. Earth-friendly features will include solar panels, daylight harvesting and motion-controlled lighting, high-performance glass, R30 insulation, and Forest Stewardship-certified wood. Additionally, landscaping will utilize drought-tolerant bio-filtration planters with low-water use plumbing and irrigation. And Skechers will continue its ongoing commitment to reduce waste at every level across the entire corporate headquarters—from recycling services to eco-friendly kitchen materials.

“As a fast moving, forward-thinking brand, it’s essential for Skechers to expand our office space to stay ahead of the curve,” said Robert Greenberg, Skechers Chief Executive Officer. “We have always focused on meeting the needs of consumers around the world, growing our business significantly including more than doubling our annual sales in four years, but we also believe there are numerous opportunities to strategically expand our business. The new Skechers Corporate Headquarters will give us the much-needed space to achieve this. And with completion anticipated for 2022, this beautiful new headquarters will mark the celebration of our 30^th anniversary.”

A component of the project will be a beautification of the corridor that had become in disrepair due to the closing of several businesses. This will include a “Welcome to Hermosa Beach” sign at Longfellow Avenue and Pacific Coast Highway that will be designed by a local artist as well as the undergrounding of utilities plus improvements to benches, sidewalks and bus stops. The buildings will be designed with increased setbacks and landscaping. Additionally, the project includes subterranean on-site parking for all Skechers employees.

The new Skechers Corporate Headquarters has been designed by architect David Forbes Hibbert, founder of DFH Architects, an independent, award-winning architecture firm with over twenty years experience. The firm also designed and developed the original Skechers Corporate Headquarters building at 330 South Sepulveda Boulevard as well as notable projects like Universal Music Headquarters in Santa Monica and the k2LA Apartments in Koreatown.

About Skechers U.S.A., 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, 2,802 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in the Company’s annual report on Form 10-K for the year ended December 31, 2017, and its quarterly report on Form 10-Q for the three months ended September 30, 2018. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Jennifer Clay
SKECHERS USA, Inc.
[email protected]

Skechers President Michael Greenberg Receives Two Ten Footwear Foundation’s Award for Humanitarian Achievement

by Zach | Dec 6, 2018 | Press Release

Skechers president Michael Greenberg and presenter Brooke Burke with the T. Kenyon Holly Humanitarian Award at the 79th Annual Two Ten Gala in New York. Photo by Natural Expressions.

Skechers president Michael Greenberg accepts the T. Kenyon Holly Humanitarian Award at 79th Annual Two Ten Gala in New York. Photo by Natural Expressions.

Dec 6, 2018 • 3:04 pm EST

The T. Kenyon Holly Award Recognizes the Footwear Executive’s Profound Philanthropic Efforts for Children Worldwide

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– At yesterday’s 79th Annual Two Ten Gala in New York, Skechers president Michael Greenberg was given Two Ten Footwear’s most prestigious honor – the T. Kenyon Holly Award for his outstanding local, national and global humanitarian achievements for children. Greenberg’s wide-ranging philanthropic efforts have funded education, supported children with special needs, and donated to families impacted by natural disasters.

Skechers president Michael Greenberg accepts the T. Kenyon Holly Humanitarian Award at 79th Annual Two Ten Gala in New York. Photo by Natural Expressions.

“Michael Greenberg doesn’t just give his name to causes; he gets deeply involved in them. Every event that he’s supported has thrived because of his passion and personal input,” said Neal Newman, president of Two Ten Footwear Foundation. “He has been a tremendous supporter for Two Ten, and has helped to change the lives of hundreds of footwear employees and their families facing a major life crisis, such as homelessness, a medical emergency, natural disaster recovery, or a job loss. With similar fervor, he’s built charitable events from the ground up – and he cultivates their growth with the same ambitious philosophy that has made Skechers a successful business empire. Two Ten is proud to award Michael with our highest honor. He sets an example for our industry to follow.”

Greenberg saw a need for children with special needs to benefit from a schoolwide mentorship program, and became involved in the South Bay Friendship Foundation in 2005. The Foundation has grown into a thriving organization that offers more than 30 school clubs across Southern California and over 60 classes and outings – from trips and summer camps to Dodgers sporting events. To support the Foundation and local schools, he established the Skechers Pier to Pier Walk (www.skechersfriendshipwalk.com) in 2009. Now California’s largest of its kind, the Nickelodeon-sponsored event has topped donations every year since its inception, gathering thousands every October to raise more than $11 million for the Foundation, schools and college scholarships for exceptional students nationwide.

In 2014, Greenberg honored his son by establishing the Harrison Greenberg Foundation, which raised $4 million to save and revive the historical Roundhouse Aquarium on Southern California’s Manhattan Beach Pier. Designed by world-renowned architectural firm CambridgeSeven, the new state-of-the-art teaching and experiential destination offers galleries, touch tanks, educational programs and camps free of charge to hundreds of thousands of visitors worldwide, including thousands of children throughout the community – some of whom are learning about marine life for the first time.

During Hurricane Katrina’s devastation in 2005, Greenberg reached out to support devastated communities, and has since launched a series of donation events for families affected by national disasters – most recently giving shoes, socks, apparel and backpacks to hurricane victims in Puerto Rico, as well as those affected by last month’s California wildfires. To date, the BOBS from Skechers charity footwear program has donated more than 15 million pairs of shoes to children in need throughout the United States and in more than 60 countries around the world.

“I’m moved and inspired to receive this year’s T. Kenyon Holly Award. And though honored, I feel that everything I’ve done has been based on need, and what any business leader should do,” began Michael Greenberg. “I truly believe that every company should give back in any way that they can, and that every human should do the same. The need is great locally, nationally and globally, and we are an industry of achievers. Together, our impact could be massive.”

The T. Kenyon Holly Award is presented to an individual in the footwear, leather or allied industries who exemplifies the spirit and character of the late T. Kenyon Holly, past president of Two Ten Footwear Foundation.

About Skechers U.S.A., Inc.

Skechers U.S.A., Inc. (NYSE:SKX) based in Manhattan Beach, California, 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, 2,802 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

About the Two Ten Footwear Foundation

Founded in 1939 at 210 Lincoln Street in Boston, MA, the Two Ten Footwear Foundation is the national charitable foundation of the U.S. footwear industry. Two Ten provides emergency financial assistance, natural disaster recovery, educational scholarships, counseling services and professional development programs that improve the lives and careers of the country’s 330,000 footwear employees and their families. The only industry-centric foundation in the country, Two Ten brings the footwear community together to support each other during times of crisis and ensure a bright future for the industry’s workforce. For more information, please visit www.twoten.org.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in the Company’s annual report on Form 10-K for the year ended December 31, 2017, and its quarterly report on Form 10-Q for the three months ended September 30, 2018. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Jennifer Clay
SKECHERS USA, Inc.
[email protected]
310.937.1326