by Zach | Mar 26, 2018 | Press Release
Mar 26, 2018 • 11:30 am EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Following strong demand after launching in Asia, SKECHERS USA, Inc. (NYSE:SKX) is extending its anime collaboration to the United States and Canada with the launch of Skechers X One Piece. The colorful collection unites Toei Animation Inc’s popular anime series with Skechers D’Lites, one of the footwear company’s original styles.
Skechers launches limited edition One Piece collection in the United States and Canada (Photo: Business Wire)
“Pairing the iconic long-running anime series One Piece with one of our top heritage styles resonated with our consumers in South Korea and China who have been driving trends for the past few years,” began Michael Greenberg, president of Skechers. “And now fashion moves at light speed, so as influencers around the world had already been embracing Skechers D’lites and the chunky sneaker trend, we started to see style purveyors—from Hypebae, Hypebeast, GQ, and High Snobiety—covering Skechers X One Piece collaboration as a must have fashion style. We knew it was time to introduce the collaboration to the United States and Canada—and fast, and we’re glad it is with Toei Animation, the pioneers of Japanese animation.”
“As one of the most respected footwear brands in the world, we’re excited to partner with Skechers in launching this exciting fashion initiative in the United States and Canada,” said Masayuki Endo, President of Toei Animation Inc. “Skechers D’Lites embrace the energy and enthusiasm of our fans, who like One Piece’s Straw Hat Pirates, are always on the move looking for life’s next adventure. We are confident that this collaboration will yield long-lasting success for both Toei Animation Inc.’s and Skechers’ merchandising efforts.”
Previously exclusive to the South Korean and China markets, the collection will be imported in six different colorways, each embracing a unique One Piece character: Luffy, Chopper, Sanji, Zoro, Law, and Doflamingo. The footwear will initially be available beginning July 2018 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 game as well as theme park in Japan.
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.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, 2,570 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 skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
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 Skechers’ annual report on Form 10-K for the year ended December 31, 2017. 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.
SKECHERS USA
Jennifer Clay
(310) 937-1326
[email protected]
or
SSA Public Relations
David Syatt
(818) 222-4000
[email protected]
by Zach | Mar 20, 2018 | Press Release
Mar 20, 2018 • 3:40 pm EDT
Skechers Performance™ Elite Athlete Celebrates Second Victory at the Event in only Three Years
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Skechers Performance™, a division of SKECHERS USA, Inc. (NYSE:SKX), celebrates the victory of its own elite athlete, Weldon Kirui, who won the 2018 Skechers Performance™ Los Angeles Marathon® on Sunday, March 18th. Weldon Kirui, of Kenya, won the men’s elite field in a time of 2:11:47. Weldon’s first place win is his fourth career marathon title and marks the second time in three years that he has won the Skechers Performance Los Angeles Marathon, beating his previous time of 2:13:06.
Skechers Performance elite athlete, Weldon Kirui, wins the 2018 Skechers Performance Los Angeles Marathon. (Photo: Business Wire)
“SKECHERS could not be more proud of Weldon and what he has accomplished as a Skechers Performance™ elite athlete – achieving two Los Angeles Marathon® victories in the past three years,” said David Weinberg, Chief Operating Officer of Skechers and presenter of the championship trophy during Sunday’s race. “Wrapping up our third year as title sponsor of the Skechers Performance™ Los Angeles Marathon® on a high note with Weldon’s victory is truly memorable.”
“Winning in Los Angeles for the second time was an amazing experience from start to end,” said Weldon Kirui. “I felt really good the entire course and then after that left turn onto Ocean Avenue, I was finally filled with confidence that it was going to happen. And it was extra special to have the support of the entire Skechers Performance team on my side.”
Weldon Kirui joined the Skechers Performance roster of elite athletes in 2016 and competed in Sunday’s race wearing the Skechers GOmeb Speed 5. Skechers Performance elite athletes Jane Kibii and Heather Lieberg also ran the iconic ‘stadium to the sea’ course as part of the elite women’s field.
Olympic medalist and Skechers Performance elite athlete Meb Keflezighi and Mr. Weinberg held the finish tape as Weldon Kirui won the men’s division. Meb Keflezighi retired from competitive marathon racing at the end of 2017, after an illustrious career highlighted by four Olympic appearances including a silver medal in 2004, as well as wins at both the New York City and Boston Marathons.
Since the launch of the Skechers Performance™ division in 2011, Skechers Performance™footwear and apparel has earned respect throughout the running world and won numerous awards within the footwear industry for its GOrun® collection. For updates on the collection, visit GOSkechers.com and follow @SkechersPerformance on Facebook, Instagram and Twitter. The Skechers GOrun® collection is available at Skechers retail stores and skechers.com as well as select retail partners including run specialty stores.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, more than 2,570 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 skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
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, 2017. 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.
SKECHERS USA, Inc.
Kelly O’Rourke, 310-424-8366
[email protected]
by Zach | Mar 14, 2018 | Press Release
Mar 14, 2018 • 9:00 am EDT
Skechers PerformanceTM Unveils Limited Edition Footwear and Apparel Collection Celebrating the Race’s Iconic Route and Heritage
LOS ANGELES–(BUSINESS WIRE)– In celebration of one of the most iconic marathons in the world, Skechers Performance™—a division of SKECHERS USA, Inc. (NYSE:SKX)—has created a limited edition apparel and footwear collection for its third year as title sponsor of the 2018 Skechers Performance™ Los Angeles Marathon®. At the big event on Sunday, March 18, and throughout race weekend, the performance brand will offer race-branded merchandise and host several events, including a meet and greet with Skechers Performance™ elite athlete and four-time Olympian Meb Keflezighi. At the Health & Fitness EXPO, the Company and its BOBS from Skechers line will host a register round up to assist hundreds of sheltered and foster dogs in the Los Angeles area find permanent homes through Angel City Pit Bulls.
The limited edition, Skechers GO Run Forza 3, designed for the 2018 Skechers Performance Los Angeles Marathon. (Photo: Business Wire)
“The Skechers Performance Los Angeles Marathon is the marquee event for Skechers Performance and meaningful for us to be a part of as we are based in Los Angeles and take so much inspiration from the surrounding community,” said Michael Greenberg, president of Skechers. “As a global brand with Southern California roots, we are excited to welcome runners from all over the world to the place we call home as we celebrate the hard work and dedication that will lead each of them through this iconic race.”
Limited edition footwear, apparel and accessories inspired by the inaugural 1986 marathon will be offered at the Skechers Performance™ booth in the Health & Fitness EXPO, located at the Los Angeles Convention Center. Influenced by sights seen through the iconic “Stadium to the Sea” course, the collection includes limited edition pairs of GO Run Forza 3TM and Skechers GO Meb Razor 2TM. Items from the collection are available now on Skechers.com and at select Skechers retail stores. Following the race, Skechers Performance™ official race merchandise will also be available for purchase during the Finish Festival at Santa Monica Boulevard and 2nd Street.
For any Skechers Performance™ merchandise purchased during the Health & Fitness EXPO, shoppers have the option to round their purchase up to the nearest whole dollar or make a flat donation with proceeds going to Angel City Pit Bulls—an official race charity —to help assist hundreds of sheltered pit bulls in the Los Angeles area find permanent homes. Skechers Performance™ and Angel City Pit Bulls will also host an 80’s-themed cheer zone at mile 15 of the marathon course—near the corner of Santa Monica and Robertson boulevards. Spectators are invited to join the cheer zone in 80’s-inspired costumes and enjoy giveaways for both dogs and their owners.
Murals of iconic landmarks from the marathon course will be painted inside the Skechers Performance™ booth at the Health & Fitness EXPO on Friday and Saturday afternoon. Following the race, the murals will be donated to several Los Angeles area schools to be integrated into their campuses. Race participants will also be able to find their name on the wall of the booth for the duration of the EXPO. Booth visitors will have the opportunity to meet Skechers Performance™ elite athlete and four-time Olympian, Meb Keflezighi, on Saturday, March 17th from 12-1:30 pm. Meb will also make an appearance during Sunday’s live broadcast of the race on KTLA, where he will be providing an inside look on his life post-retirement from competitive racing.
Since the division launched in 2011, Skechers Performance™footwear and apparel has earned respect throughout the running world and won numerous awards within the footwear industry for its Skechers GOrun® collection. For updates on the collection, visit GOSkechers.com and follow @SkechersPerformance on Facebook, Instagram and Twitter. The Skechers GOrun® collection is available at Skechers retail stores and skechers.com as well as select retail partners including run specialty stores.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, 2,570 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 skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
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, 2017. 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.
SKECHERS USA, Inc.
Kelly O’Rourke, (310) 424-8366
[email protected]
by Zach | Mar 12, 2018 | Press Release
Mar 12, 2018 • 9:00 am EDT
Beloved Comic Character to be Featured in BOBS from Skechers Charity Footwear Line
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Hide your lasagna! Global footwear industry leader SKECHERS USA, Inc. (NYSE:SKX) today announced that it will introduce a collection within the BOBS from Skechers division featuring the massively popular Garfield character—star of the world’s most widely syndicated comic strip.
BOBS from Skechers launches Garfield footwear collection. (Graphic: Business Wire)
The new line for women will include an assortment of comfortable BOBS from Skechers styles with designs that utilize Garfield as well as his canine sidekick, Odie.
“We are thrilled to be introducing Garfield—possibly the most famous cat on the planet—to our BOBS collection,” said Michael Greenberg, president of SKECHERS. “Thanks to our efforts saving the lives of dogs and cats, pet lovers have been drawn to BOBS. And now with the help of global pop-culture icon Garfield, we’re reaching a broader fanbase and generating more important awareness for the needs of sheltered dogs and cats everywhere.”
Launched by cartoonist Jim Davis on June 19, 1978 and adored by fans around the globe, the Garfield comic strip appears in 2,100 newspapers, is translated into 42 languages, and is read by over 220 million people every day. With books, television series, feature films and more expanding the character’s reach for 40 years, the Mondays-hating feline continues to be massively popular with 16.2 million likes and 15.7 million followers on Facebook alone.
The BOBS for Dogs campaign partners with Best Friends Animal Society—the only national animal welfare organization dedicated exclusively to eradicating the deaths of about two million dogs and cats every year in America’s shelters. For each pair of specially packaged BOBS from Skechers sold in the United States, twenty-five cents is donated to Best Friends to help save the lives of dogs and cats in America’s shelters. SKECHERS has committed to donating at least $3 million dollars to Best Friends for the promotion, Best Friends’ biggest cause marketing partnership to date.
The Garfield collection from BOBS by Skechers for women will be initially available in select SKECHERS retail stores across the United States and Canada and online at www.skechers.com. Availability will expand to third-party retail partners and around the globe for back-to-school season later this year. Products in the line will be designed, developed and marketed through a multi-year licensing partnership between SKECHERS and Garfield licensing manager, Paws, Inc.
To learn more, follow BOBS from SKECHERS on Facebook (facebook.com/BOBSfromSKECHERS), Twitter (twitter.com/BOBS_SKECHERS), Instagram (Instagram.com/BOBS_SKECHERS) and Pinterest (pinterest.com/BOBSSKECHERS), or visit www.BOBSfromSKECHERS.com.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, 2,438 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 skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
About Paws Inc.
Paws, Incorporated was founded in 1981 by cartoonist Jim Davis as a creative house to support Garfield licensing. Today, the company, located in rural Indiana, handles not only the creative angle, but also the business concerns of the corpulent kitty worldwide. Paws, Inc. is a privately held company and the sole owner of the copyrights and trademarks for Garfield and Garfield characters. Follow Garfield on Facebook (facebook.com/Garfield), Twitter (twitter.com/Garfield), Instagram (instagram.com/garfield/) and YouTube (youtube.com/garfieldandfriends), and visit garfield.com, and Garfield’s free educational site, professorgarfield.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 uncertainty of sustained recovery in Europe; 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, 2017. 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.
SKECHERS USA
Jennifer Clay, 310-937-1326
[email protected]
by Zach | Mar 5, 2018 | Press Release
Mar 5, 2018 • 2:31 pm EST
The Foundation Continues its Annual $100,000 Scholarship Program for Students Nationwide
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– The Skechers Foundation celebrated its ninth record-breaking Skechers Pier to Pier Friendship Walk for children last week at the Shade Hotel in Manhattan Beach, California – presenting more than $510,000 to The Friendship Foundation in support of kids with special needs, and over $1 million for education foundations. The organization also announced the continuation of its annual Skechers Foundation Scholarship Program, and will award $100,000 in college scholarships for the 2018-2019 school year.
Sugar Ray Leonard, Denise Austin and Skechers President Michael Greenberg at the 2018 SKECHERS Friendship Walk Check Presentation (Photo: Business Wire)
“Over nearly a decade, the Skechers Friendship Walk has enabled thousands of children to thrive – with millions of dollars that have made kids with special needs and our schools a top priority,” said Michael Greenberg, president of Skechers. “The Walk has broken attendance and donation records every year since it started – it resonates with families on such a profound level. And it’s supported an entire generation of youth, from elementary kids who are just starting out to twenty-somethings who are now making an impact on the world.”
“The Skechers Foundation Scholarship Program is just another great way that Skechers is making a difference,” added legendary boxer and Skechers ambassador Sugar Ray Leonard, who was in attendance at the celebration. “Scholarships don’t just give kids the ability to pursue higher education – they also give them more confidence and motivation to follow their dreams. This prestigious program has helped ambitious students from all over the country attend top state and Ivy League schools including Emory, Penn, Dartmouth and Brown – and I’m so proud to back a brand that inspires our kids to excel.”
In addition to new community service scholarships for exceptional Friendship Foundation volunteers, the Skechers Foundation will continue to award more than a dozen $1,000 to $5,000 scholarships to deserving students nationwide based on financial need, academic performance, athletic abilities and leadership qualities. Administered by leading education support manager Scholarship America®, the application is currently available to all high school seniors on www.SkechersFriendshipWalk.com. Winners will be announced in early June.
The Skechers Pier to Pier Friendship Walk has grown into California’s largest charity event for children with special needs and education – raising $9 million and uniting more than 67,000 participants since its inception. Funds have supported The Friendship Foundation’s programs and events for children with special needs and their families, as well as educational foundations’ commitments to saving teachers’ jobs, retaining vital academic programs, maintaining smaller class sizes and upgrading school libraries, facilities and technology.
ABOUT Skechers Foundation
The Skechers Foundation was established to provide families around the world with the necessities and skills to succeed in life. In addition to organizing the Skechers Pier to Pier Friendship Walk, the Skechers Foundation funds tax-exempt, 501(c)(3) nonprofit organizations that provide education and job training, shoes, clothing, fitness and nutrition guidance to communities in need.
ABOUT The Friendship Foundation
The Friendship Foundation is a non-profit organization that assists children with special needs and their families through one-on-one peer mentoring and social recreational programming (www.gotfriends.com).
ABOUT Skechers USA, Inc.
Skechers USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, 2,570 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 skechers.com and follow us on Facebook (facebook.com/Skechers) and Twitter (twitter.com/SkechersUSA).
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. 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:
Anne Kelly
SKECHERS USA
[email protected]
(310) 318-3100
by Zach | Mar 1, 2018 | Press Release
Mar 1, 2018 • 4:05 pm EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced that David Weinberg, Chief Operating Officer, and John Vandemore, Chief Financial Officer, will present at the 2018 UBS Global Consumer and Retail Conference on Thursday, March 8, 2018 at 9:45 AM ET at the Four Seasons Hotel in Boston, Massachusetts.
The audio portion of the presentation 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.
SKECHERS USA, Inc., 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 160 countries and territories worldwide via department and specialty stores, 2,570 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 skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 uncertainty of sustained recovery in Europe; 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, 2017. 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.
SKECHERS USA, Inc.
David Weinberg
Chief Operating Officer
or
John Vandemore
Chief Financial Officer
(310) 318-3100
or
Press:
Jennifer Clay
Vice President, Corporate Communications
(310) 318-3100
or
Investor Relations:
Addo Investor Relations
Andrew Greenebaum
(310) 829-5400