SKECHERS Pier to Pier Friendship Walk Raises More Than .8 Million for Kids

SKECHERS Pier to Pier Friendship Walk Raises More Than $1.8 Million for Kids

Nov 9, 2017 • 6:01 pm EST

Sugar Ray Leonard, Brooke Burke-Charvet and Denise Austin Joined Lead Sponsors Nickelodeon and NBC4 Southern California to Support Children with Special Needs and Education

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– The SKECHERS Foundation today announced that its 9th annual 2017 SKECHERS Pier to Pier Friendship Walk raised more than $1.8 million for children with special needs and education, exceeding its $1.6 million goal. Supported by lead presenter Nickelodeon and media sponsor NBC4 Southern California, the Walk also reached a new attendance high with more than 13,000 walkers and participants.

SKECHERS President Michael Greenberg, Brooke Burke-Charvet, and Sugar Ray Leonard walk to support ch ...

SKECHERS President Michael Greenberg, Brooke Burke-Charvet, and Sugar Ray Leonard walk to support children at SKECHERS Pier to Pier Friendship Walk in Manhattan Beach, California. (Photo: Business Wire)

Entertainment, sport and fitness celebrities at the SKECHERS Pier to Pier Friendship Walk included actress, model and longtime SKECHERS supporter Brooke Burke-Charvet, legendary boxer Sugar Ray Leonard and fitness icon Denise Austin. The event also featured numerous teen celebrities, including appearances by This Is Us stars Logan Shroyer, Niles Fitch, Parker Bates and Mackenzie Hancsicsak, and special performances by recording artist Asia Monet; NBC’s Little Big Shots’ Kieran Tamondong; America’s Got Talent duo Artyon and Paige; Nickelodeon star Ciara Wilson; dance sensation Larsen Thompson; and actress/singer Jada Facer, who performed the National Anthem.

“I’ve been part of the SKECHERS Pier to Pier Friendship Walk for seven years now, because I love how SKECHERS has its heart in the right place – caring for what’s most important, our kids,” said Brooke Burke-Charvet. Our children deserve everything that we can give. And this walk has made such incredible strides – not just in bringing all of our children together, but our entire community.”

“This SKECHERS event is just fantastic,” added Hall of Fame coach Tommy Lasorda, who has been a Walk board member since its inception. “We had big dreams for it right from the beginning, and it’s great to see how it’s grown into the largest of its kind in California.”

“The SKECHERS Pier to Pier Friendship Walk didn’t just have another record-breaking day; it’s grown into a year-round community-wide movement for our kids,” said Michael Greenberg, president of SKECHERS. “People have such an incredible devotion to our children, and that love really came through at our walk.

“We already have people excited and inspired by our event, asking how they can take part next year, and donations coming in to support our 2018 walk. And with next year being our walk’s 10-year milestone, we know that it will be our best ever. We look forward to launching our year-long celebration campaign and continuing this incredible momentum we have for our special anniversary walk next October.”

The SKECHERS Pier to Pier Friendship Walk has raised more than $8 million since its 2009 launch. Funds support The Friendship Foundation, an organization that assists children with special needs and their families through one-on-one peer mentoring, social recreational programming, field trips and sporting events, as well as education foundations committed to retaining vital academic programs, maintaining smaller class sizes, improving libraries, and upgrading school technology. The SKECHERS Foundation is also entering the fourth year of its scholarship program, and plans to donate $100,000 to deserving students across the country in 2018.

In addition to its headlining sponsor Nickelodeon and media sponsor NBC4 Southern California, the SKECHERS Pier to Pier Friendship Walk thanks sponsors Mattel, Moose Toys, The Claudette & Ethan Rickett Care Foundation, Wells Fargo, Ross, Steel Partners, Premier Displays & Exhibits, United Legwear & Underwear Co., Velocity Sports Performance, Vertra, and many others who have provided funds and support to provide a better future for children. To learn more about the SKECHERS Pier to Pier Friendship Walk, please visit skechersfriendshipwalk.com or facebook.com/SKECHERSFriendshipWalk.

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, more than 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).

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, 2016 and its quarterly report on Form 10-Q for the three months ended September 30, 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.
Jennifer Clay, 310.937.1326

BOBS from SKECHERS Roving Rescue Bus Arrives in New York City

BOBS from SKECHERS Roving Rescue Bus Arrives in New York City

Nov 8, 2017 • 9:00 am EST

Footwear Company Has Partnered with Best Friends Animal Society to Transport Houston’s Hurricane Harvey Animals to Local Pet Adoption Centers

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– BOBS from SKECHERS, a division of award-winning lifestyle and performance footwear company, SKECHERS USA, Inc. (NYSE:SKX), announced that the Company has partnered with national animal welfare organization Best Friends Animal Society to transport 25 adoptable dogs from Houston to rescue groups along the East Coast, ending with yesterday’s final stop at the Best Friends Pet Adoption Center in New York City. The dogs have been traveling on the BOBS from SKECHERS Roving Rescue bus, a school bus that the Company purchased and retrofitted exclusively for lifesaving pet transport.

BOBS from SKECHERS Roving Rescue bus arrived in New York with Hurricane Harvey dogs in search of the ...

BOBS from SKECHERS Roving Rescue bus arrived in New York with Hurricane Harvey dogs in search of their forever homes. (Photo: Business Wire)

New York’s Roving Rescue visitors met 10 Hurricane Harvey animals who will find homes through Best Friends Pet Adoption Center, and previewed selects from the BOBS Spring collection, including the latest BOBS for Dogs styles. The celebration followed stops in Arlington, Virginia and Waldorf, Maryland, which transported five dogs to the Animal Welfare League of Arlington and 10 dogs to the Humane Society of Charles County.

“We love finding new ways to make a difference, and the Roving Rescue bus has given other communities a chance to directly support Houston by adopting these pets and relieving Houston’s local animal shelter and pet adoption organizations,” said Robert Greenberg, CEO of SKECHERS. “We believe this is just the beginning for the transport and adoption bus. Through this vehicle, we will spread the word about Best Friends’ movement and our charitable shoe program, BOBS for Dogs, both of which are helping to save shelter animals. And given the incredible response, we’re confident that many of the dogs that survived Hurricane Harvey will find their forever homes by the year’s end.”

“A big thank you goes to SKECHERS for helping to get these dogs home,” said Elizabeth Jensen, Northeast Regional Director, Best Friends Animal Society – New York. “To achieve our mission of getting the country to no-kill by 2025, we have to work together. This tour was a great example of the teamwork that will help us Save Them All!”

The Roving Rescue bus will travel to the West Coast for future Best Friends transport and adoption needs across the country. SKECHERS stores in the United States are holding a register roundup through November 15 to raise money in support of the bus’ lifesaving efforts.

To support Hurricane Harvey’s displaced animals locally, SKECHERS recently partnered with Best Friends to launch a special Texas Super Adoption event in Houston; the Company paid adoption fees for the first 100 animals as part of a $10,000 donation to Best Friends’ Hurricane Harvey relief efforts. Best Friends Animal Society has also cared for pets displaced by Hurricane Harvey in the region since August, opening and managing the Pet Reunion Pavilion at the NRG Arena to reunite animals with their owners.

In addition to animals, SKECHERS has also donated to Hurricane Harvey families in the wake of the disaster – donating thousands of new footwear, socks, apparel, and SKECHERS Kids lunchboxes and backpacks to serve the immediate needs of those impacted.

The Roving Rescue event is the latest collaboration in a multi-year partnership between SKECHERS and 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.

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 Best Friends Animal Society

Best Friends Animal Society is the only national animal welfare organization dedicated to ending the killing of dogs and cats in America’s shelters. A leader in the no-kill movement, Best Friends runs the nation’s largest no-kill sanctuary for companion animals, as well as lifesaving programs in partnership with rescue groups and shelters across the country. Founded in 1984, Best Friends has helped reduce the number of animals killed in shelters nationwide from 17 million per year to about two million. By continuing to build effective initiatives that reduce the number of animals entering shelters and increase the number who find homes, Best Friends and its nationwide network of members and partners are working to Save Them All®.

To become a fan of Best Friends Animal Society on Facebook, go to: https://www.facebook.com/bestfriendsanimalsociety.

Follow Best Friends on Twitter: https://twitter.com/bestfriends.

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).

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, 2016 and its quarterly report on Form 10-Q for the three months ended September 30, 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.
Jennifer Clay, 310-937-1326
[email protected]
or
Best Friends Animal Society
Hannah Stember, 412-537-0632
[email protected]

Skechers Performance™ Celebrates Meb’s Epic Run in New York City

Skechers Performance™ Celebrates Meb’s Epic Run in New York City

Nov 2, 2017 • 8:00 am EDT

Meb Keflezighi Will Race in Limited Edition Commemorative Skechers GO Meb Razor at Final Competitive Marathon

LOS ANGELES–(BUSINESS WIRE)–

Skechers Performance™, a division of SKECHERS USA, Inc. (NYSE:SKX), unveiled the race kit to be worn by Meb Keflezighi during the final competitive marathon race of his career at the TCS New York City Marathon on Sunday, November 5. As tribute to his last course, his racing singlet features a graphic overhead view of the streets of New York City. And Meb will wear a custom-built version of the Skechers GO Meb Razor—the racing shoe developed through his partnership with Skechers Performance where he collaborates with the brand on the development of high performance, technical running product. To celebrate Meb’s final race, a limited edition 36 pairs of his racing shoe will be available for sale at the marathon expo, starting today, November 2.

Skechers Performance™ Celebrates Meb’s Epic Run in New York City

Skechers Performance Elite Athlete, Meb Keflezighi, will run his final competitive race in New York City. (Photo: Business Wire)

“I couldn’t imagine a better city in which to run my last competitive race,” said Keflezighi. “This is my twenty-sixth marathon and 11th time running New York and it is home to a lot of memories throughout my career. Skechers Performance has also played a huge part of the last several years of my career, so being able to work with them to develop the shoes I will wear for this race is very special to me.”

Since joining Skechers Performance in 2011, Meb set personal records at the 2011 New York Marathon and the 2012 Olympic Trials and took fourth place at the 2012 Olympic Games. He went on to set his current personal record (2:08:37) during his historic win at the 2014 Boston Marathon. Prior to joining Skechers Performance, Keflezighi also won the 2009 New York City Marathon and took home the bronze medal at the 2004 Olympic Games in Athens, Greece. Meb is the only athlete in history to win the New York City Marathon, the Boston Marathon and an Olympic Medal. At age 42, Meb also currently holds the U.S. marathon masters record, which was set at the 2015 New York City Marathon with a time of 2:13:32.

“I’m still going to be running, just not at the elite level or the marathon distance…maybe in a crowd of people or the middle of the pack,” Keflezighi joked about his post-retirement plans. “I’m looking forward to spending more time with my family and working on all the business projects that have been a side focus up until now because of training. I can’t wait to see what comes next.”

Meb’s final race will not mark the end of his relationship with Skechers Performance as he will continue to serve as an ambassador for the brand and consult on product development and innovation for the brand’s award-winning line of Skechers GOrun performance running shoes.

“That we’ve shared in Meb’s journey has been an incredible honor for the Skechers Performance brand,” said Michael Greenberg, president of Skechers. “More than an amazing athlete on the course, Meb is truly an inspirational role model to all. We are so proud of his accomplishments and look forward to him continuing as part of the Skechers Performance family as he enters this next phase of his career.”

To celebrate Meb’s final race in New York, Skechers Performance has also released two limited edition versions of the Skechers GO Meb Razor that pays tribute to New York City. The “Transit” collection is an ode to the streets of New York City and the grid system that runners will follow on their 26.2 miles journey. The “Indulge” collection draws inspiration from iconic cuisine of New York and features images of some of the foods that marathon runners will treat themselves to once they cross the finish line. Both limited edition versions are available in men’s and women’s sizes and will be on sale at the marathon expo as well as select Skechers retail stores throughout New York City and online at Skechers.com.

Purchases made at the Skechers Performance booth at the marathon expo can be rounded up to the next whole dollar with the difference donated to the MEB Foundation—Meb’s charity that promotes health, education, and fitness for youth.

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).

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, 2016 and its quarterly report on Form 10-Q for the six months ended June 30, 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]

SKECHERS Claims Shareholder Lawsuits Based on Two-Year Old Allegations Are Frivolous and Without Merit

SKECHERS Claims Shareholder Lawsuits Based on Two-Year Old Allegations Are Frivolous and Without Merit

Oct 30, 2017 • 8:50 am EDT

  • The Company Plans to Defend Lawsuits Vigorously
  • The Company Believes Timing was Intended to Distract Investors and the Industry from Record Third Quarter 2017 Earnings Announcement

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, denies the allegations in the recent alleged shareholder class actions as frivolous and malicious, and plans on defending them vigorously.

On October 20, 2017, the Steamfitters Local 449 Pension Plan filed a securities class action—on behalf of itself and purportedly other shareholders who purchased SKECHERS stock during a five-month period in 2015—against the Company and certain of its officers, in the United States District Court for the Southern District of New York, case number 1:17-cv-08107. The lawsuit alleges that, between April 23 and October 22, 2015, the Company made materially false statements or omissions of material fact about the anticipated performance of its domestic wholesale business segment and asserts claims for unspecified damages, attorneys’ fees, and equitable relief based on alleged violations of federal securities laws. The lawsuit was filed against the Company and two of its officers by Labaton Sucharow LLP, but the Company has become aware of a copy-cat complaint and other plaintiffs’ lawyers posting internet “shareholder alerts” of “investigations.”

David Weinberg, SKECHERS chief financial officer, commented: “These lawsuits are frivolous, coming two years after the fact and immediately after we reported a new quarterly sales record for the third quarter of 2017. Further, the allegations are about the third quarter of 2015, which at the time was a quarterly net sales record for the Company, and both the earnings from operations and net earnings for the same period in 2015 were an impressive increase over the prior year. The lawsuit, at best, shows a complete misunderstanding of both our business and the footwear industry and, at worse and as the timing suggests, shows it was brought to distract investors, the industry, and consumers from our record third quarter 2017 earnings, announced one day before the lawsuit was filed. (See referenced third quarter 2017 earnings announcement). It is ironic that this lawsuit was filed the day after we announced three consecutive record quarters in 2017, which followed annual record net sales in 2016. Our record net sales in both 2016 and 2017, as well as that of 2015, are a testament to the power and continuing strength of our global brand. These lawsuits are without merit, and we will be vehemently defending the Company and our officers in court.”

SKECHERS is being represented in the lawsuit by Daniel Petrocelli, Seth Aronson, Jeffrey Barker, and Abby Rudzin of O’Melveny & Myers in New York and Los Angeles.

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).

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, 2016 and its quarterly report on Form 10-Q for the six months ended June 30, 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.
Jennifer Clay
(310) 937-1326

Skechers Performance™ Elite Athletes Dominate the Podium at 2017 IRONMAN® World Championship

Skechers Performance™ Elite Athletes Dominate the Podium at 2017 IRONMAN® World Championship

Oct 25, 2017 • 5:54 pm EDT

· Lionel Sanders and David McNamee Finished Second and Third in the Men’s Competition

· Lucy Charles Took Second Place in the Women’s Competition

LOS ANGELES–(BUSINESS WIRE)– Skechers Performance™, a division of SKECHERS USA, Inc. (NYSE:SKX), celebrates the success of elite triathletes racing in Skechers GOrun® footwear at the 2017 IRONMAN® World Championship in Kailua-Kona, Hawaii, on Saturday, October 14. Lionel Sanders and Lucy Charles each finished second in their respective men’s and women’s competitions, and David McNamee took third place for the men.

Skechers Performance™ Elite Athletes Dominate the Podium at 2017 IRONMAN® World Championship

Skechers Performance Elite Athlete Lionel Sanders. Photo by @Activ’Images

In his third appearance at the IRONMAN® World Championship, Sanders logged career-best splits on the swim, bike and run segments to cross the finish line in 8:04:07. Lucy Charles, who raced in Kona this year for the first time as a professional, surprised her competition by leading for much of the race before finishing in 8:59:38. David McNamee challenged Sanders late into the run finishing just behind him for third place in a time of 8:07:11.

“This race was a battle, but that’s what I live for and what I love about this sport,” said Sanders. “The run was tough and going against my fellow Skechers Performance teammate, David McNamee, right up to the end was incredible. The result was awesome, but to me it’s all about how you get there.”

Sanders, a native of Ontario, Canada, first took up the sport of triathlon in 2009 as part of his recovery from substance abuse and has since become a dominant force in the sport. He won his debut race as a professional in 2013 at the IRONMAN 70.3 Muskoka before going on to set the previous IRONMAN triathlon World Record at the 2016 IRONMAN® Arizona, with a time of 7:44:29. Most recently, he won the 2017 ITU Long Distance Triathlon World Championships in a time of 5:20:36.

Great Britain’s Lucy Charles, a former professional swimmer who made her professional debut in 2016, rose to the top of the sport within a year, winning her first professional title at the 2017 IRONMAN® Lanzarote, where she set a new course record.

“I still have no words,” said Charles. “To think back to just a year ago, I never thought I’d even be on the start line in Kona, let alone standing on the podium. I couldn’t have done it without the support of my entire team whose belief in me got me across the finish line today.”

David McNamee, taking the bronze medal in the men’s competition and also from Great Britain, is the first British male in the 40-year history of the IRONMAN® World Championship to reach the podium. He had previously set the record as the fastest Brit to race in Kona with his 13th place finish and a time of 8:28:05 in 2016.

“We are so proud of Lucy, Lionel, and David on their incredible performances in Kona,” said Michael Greenberg, president of Skechers. “Triathlon is the ultimate test of endurance and perseverance, and their determination to overcome, cross the finish line and reach the podium is truly remarkable and inspirational. That they’ve each reached this level of success wearing Skechers GOrun® is a testament to fans that our performance footwear delivers when it matters most.”

Charles, Sanders, and McNamee were joined in Kona by fellow Skechers Performance triathlon athlete Andy Potts of Colorado Spring, Colorado, who finished the 2017 IRONMAN World Championship as the top male American finisher (8:14:43).

Since its debut with the first model of Skechers GOrun® worn by Meb Keflezighi in 2012, Skechers Performance™ footwear and apparel has earned respect throughout the running world and won numerous awards within the footwear industry. Skechers Performance™ is the official footwear sponsor of the 2017 IRONMAN® Canadian, European, and South Africa Tours.

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 2,438 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).

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, the Company’s 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 the Company’s annual report on Form 10-K for the year ended December 31, 2016 and its quarterly report on Form 10-Q for the three months ended June 30, 2017. The risks included here are not exhaustive. The Company 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
[email protected]
(310) 424-8366

Skechers Performance™ GO GOLF® Named Best Spike and Spikeless Golf Shoes for 2017

Skechers Performance™ GO GOLF® Named Best Spike and Spikeless Golf Shoes for 2017

Oct 23, 2017 • 11:09 am EDT

Recognition Follows Success On and Off the Course In 2017, as the Brand Unveils 2018 GO GOLF Footwear Collection.

LOS ANGELES–(BUSINESS WIRE)– Skechers PerformanceTM, a division of SKECHERS USA, Inc. (NYSX:SKX), was named the winner of two prestigious “Most Wanted” tests by MyGOLFSPY—a leading authority in the golf industry providing unbiased product reviews. After a detailed, data-driven look at product performance of various manufacturers in the golf industry, Skechers PerformanceTM was recognized as the “2017 Best Spikeless Shoe” and the “2017 Best Spike Shoe” for the Skechers GO GOLF Pro 2TM.

Skechers Performance™ GO GOLF® Named Best Spike and Spikeless Golf Shoes for 2017

Skechers GO GOLF Pro 2, named “2017 Best Spike Shoe” by MyGOLFSPY. (Photo: Business Wire)

These accolades come as the brand unveils its 2018 GO GOLF® footwear collection. Known for its lightweight, technical, high quality, and comfortable designs, the 2018 Skechers Performance GO GOLF® line will offer a roomier fit in select styles with the introduction of Skechers Relaxed Fit®. This uniquely Skechers approach to comfort has proven extremely popular across both men’s and women’s lifestyle categories throughout the Skechers portfolio.

“We are excited about the 2018 collection,” said Lafe Christopherson, vice president of Footwear Design for Skechers Performance. “With the addition of Skechers Relaxed Fit®, we can now offer the performance qualities of our GO GOLF® line to more golfers who are already fans of the added comfort found in our lifestyle products.”

“Golf is a very important part of our business as it combines lifestyle and performance and is turning into a sport that is enjoyed by customers of all ages,” said Robert Greenberg, Skechers chief executive officer. “This year we have experienced incredible growth and interest in our golf product around the world and expect that the opportunity in this category will only accelerate as we continue to leverage our best innovations while introducing new and exciting product into 2018.”

Skechers Performance has also seen incredible success on the golf course this year with its roster of elite athletes, who together have combined to win a total of five times in 2017: Colin Montgomerie, wearing the GO GOLF Elite V.3TM, won his second title in the last five weeks at the SAS Championship in Cary, North Carolina. Brooke Henderson recently captured her second win of 2017 at the New Zealand Women’s Open while wearing the Skechers GO GOLF Eagle™. Wesley Bryan, wearing the Skechers GO GOLF Pro 2™, won his first career PGA event in April at the RBC Heritage. And two weeks later, Matt Atkins won his first Web.com Tour event at the El Bosque Mexico Championship while also wearing the Skechers GO GOLF Pro 2™.

“The performance team amazes me with the creativity and cutting-edge designs they are constantly devising,” added Matt Kuchar, Skechers Performance elite athlete, who works closely with the brand’s product development team on the Skechers GO GOLF® PRO series. “The shoes I wear have to strike a balance between functionality and comfort and every pair of Skechers Performance golf shoes I have ever put on do exactly that.”

For updates on the collection, visit GOSkechers.com and follow @SkechersGOGOLF on Facebook, Instagram and Twitter. Skechers GO GOLF is available at Skechers retail stores and skechers.com as well as select retail partners including specialty golf pro shops.

About SKECHERS 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 2,438 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).

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, the Company’s 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 the Company’s annual report on Form 10-K for the year ended December 31, 2016 and its quarterly report on Form 10-Q for the three months ended June 30, 2017. The risks included here are not exhaustive. The Company 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]