by Zach | Feb 1, 2018 | Press Release
Feb 1, 2018 • 2:30 pm EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE: SKX), a global leader in lifestyle and performance footwear, today announced that it will release its fourth quarter and full year 2017 financial results after market close on Thursday, February 8, 2018. A conference call will be held the same day at 1:30 p.m. PT / 4:30 p.m. ET. Participating on the call will be David Weinberg, Chief Operating Officer, and John Vandemore, Chief Financial Officer.
The call can be accessed on the Investor Relations section of the Company’s website at www.skx.com. For those unable to participate during the live broadcast, a replay will be available beginning February 8, 2018, at 7:30 p.m. ET, through February 22, 2018, at 11:59 p.m. ET. To access the replay, dial 844-512-2921 (U.S.) or 412-317-6671 (International) and use passcode: 13675455
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).
Investor Relations:
Addo Investor Relations
Andrew Greenebaum
310-829-5400
[email protected]
by Zach | Jan 9, 2018 | Press Release
Jan 9, 2018 • 9:00 am EST
Skechers PerformanceTM Elite Athletes Meb Keflezighi and Kara Goucher to Make Appearances
LOS ANGELES–(BUSINESS WIRE)– Skechers Performance™, a division of SKECHERS USA, Inc. (NYSE:SKX), returns to Houston, Texas on January 14, 2018 for its fifth year as the official footwear and apparel sponsor of the Chevron Houston Marathon and Aramco Houston Half Marathon. The performance brand will also unveil the 2018 limited edition collection of official race footwear, apparel and accessories, which will be for sale during the Memorial Hermann IRONMAN Sports Medicine Institute EXPO on January 12 and 13.
The 2018 Limited Edition, Skechers GO Run Forza 3, designed for the 2018 Chevron Houston Marathon. (Photo: Business Wire)
“The Houston Marathon has become one of the marquee events for Skechers Performance and we are more excited than ever to return in 2018,” said Michael Greenberg, president of Skechers. “The strength that the city of Houston and the state of Texas has shown over the last several months is truly inspiring. We’ve been in Houston since shortly after the storm helping kids in need as well as animals through our BOBS charity program, so to celebrate the strength and resiliency of the city as well as all those that will run on race day is something we are very proud to be a part of.”
Skechers PerformanceTM will be selling the 2018 limited edition collection of official race merchandise for both the Chevron Houston Marathon and the Aramco Houston Half Marathon at its EXPO booth at the George R. Brown Convention Center, as well as five Houston-area Skechers retail stores and online at Skechers.com. The collections for both races feature limited edition designs of the new Skechers GO Run Forza 3TM and Skechers GO Run 6TM for both men and women. The footwear collections for both races have been customized to feature “Houston 18” branding on the midsole as well as an outline of the state of Texas on the heel, with a star placed to represent the city of Houston.
Those visiting the Skechers PerformanceTM booth during the EXPO, will also have the opportunity to meet Skechers PerformanceTM Elite Athletes and Olympians, Meb Keflezighi and Kara Goucher, who will be making appearances during the weekend. Meb Keflezighi, will be appearing at the Skechers PerformanceTM booth (#722) on Friday, January 12th from 12-2pm. Kara Goucher, who will also be part of the on-air race broadcast team for the marathon on Sunday, will be appearing at the Skechers Performance booth on Saturday, January 13th from 2-4pm.
Additional activities throughout race weekend include the “#GORUN wall” at the Skechers PerformanceTM booth, where visitors are invited to write in their own name or the name of a runner they will be cheering for on race day. Runners and fans are also invited to attend the “We are Houston Runfest”, located near the finish line at the Jones Lawn at Discovery Green, where Skechers PerformanceTM will also be hosting games, prizes, giveaways, and a photo booth.
Skechers Performance™ will once again offer a register round up for any purchase made in their official merchandise booth during the marathon EXPO. Customers will have the option to round their purchase up to the nearest whole dollar, with the difference being donated to the Houston Marathon Foundation—an organization that promotes the advancement of running and provides after school running programs, coaching and guidance to over 2,000 youths in the Houston area. Funds raised during the 2018 register round up will help with rehabilitating community parks, trails and green spaces that were washed away by Hurricane Harvey and provide support to partner programs of the Houston Marathon Foundation that were impacted by the storm. Additionally, through this partnership, Skechers Performance™ has donated 100 pairs of running shoes and technical running t-shirts to high school students in need throughout the Houston area.
Since it’s 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. 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 September 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]
by | Nov 15, 2017 | Press Release
Nov 15, 2017 • 9:15 am EST
Appointment of John Vandemore as Chief Financial Officer Allows David Weinberg to Continue Focusing on Global Growth as Chief Operating Officer
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX) announced today that the Company has hired John Vandemore to serve as Chief Financial Officer. This expansion of the Skechers executive team will allow David Weinberg—who had been filling both CFO and COO roles—to focus more attention on the Company’s operations in support of its continued growth around the globe. Mr. Vandemore will report directly to Mr. Weinberg and assume his new position within the next few weeks.
“With the pace of international growth we’ve been experiencing at Skechers, the addition of John (Vandemore) means I can truly focus more attention on the rapidly growing segments of our international countries, as well as those that we see having strong potential,” began Mr. Weinberg, Chief Operating Officer of Skechers. “Our success brings with it the challenge of increased pressure on reporting and John’s experience, most notably at The Walt Disney Company and Mattel, is proof that he’ll be an essential asset to me and the senior team moving forward. Further, I believe John will be key in ensuring that our financial strategy supports growth efficiency in tune with meeting our ongoing filing obligations.”
“I started Skechers 25 years ago, and for that entire journey David Weinberg has been key in making this company the incredible success that it is today,” began Robert Greenberg, Chief Executive Officer of Skechers. “As international now represents more than 50 percent of our total business, we must continue to ramp up operations and infrastructure to meet the demand. David understands how to do it the right way at the right speed to maintain our forward momentum. With John (Vandemore) handling CFO responsibilities, David will now have the bandwidth to travel and find opportunities to maximize our efficiencies around the globe. We’re fortunate to have both of these talented executives on our team, and believe this bolstering of our executive team will allow us to continue to profitably grow.”
In his ongoing role as Chief Operating Officer, Mr. Weinberg will continue to be responsible for the day-to-day operations of the Company—including planning and directing all aspects of the Company’s operational policies, objectives and initiatives, and the attainment of short- and long-term financial and operational goals to ensure future growth. He will devote particular attention to increasing efficiencies in the international business as it continues to be the main driver of overall growth. Mr. Weinberg has been with Skechers since it was founded in 1992, and was named Chief Financial Officer in 1993 and Chief Operating Officer in 2006. Since 1998, he has also served as Executive Vice President and a member of the Company’s Board of Directors.
As the CFO of Skechers, Mr. Vandemore will be responsible for overseeing the Company’s reporting and filing obligations before the United States Securities and Exchange Commission, and for directing the Company’s overall financial policies, including accounting, budget, credit, insurance, tax, and treasury. With more than two decades of business finance experience, Mr. Vandemore has served as Executive Vice President and Division Chief Financial Officer of Mattel Inc. (NASDAQ: MAT). Prior to that he was the Chief Financial Officer and Treasurer of International Game Technology Plc (NYCE: IGT)—a computerized gaming machine manufacturer. And he spent 12 years in operations and finance roles at The Walt Disney Company (NYSE: DIS) including five years as Vice President and Chief Financial Officer of Walt Disney Imagineering.
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
Jennifer Clay, 310-937-1326
[email protected]
by | Nov 9, 2017 | Press Release
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)
More than $1.8 million was raised for children with special needs and education at the SKECHERS Pier to Pier Friendship Walk. (Photo: Business Wire)
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 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
by | Nov 8, 2017 | Press Release
BOBS from SKECHERS Roving Rescue bus arrived in New York with Hurricane Harvey dogs in search of their forever homes. (Photo: Business Wire)
Choppa ready to make the journey in the BOBS from SKECHERS Roving Rescue bus from Houston to his forever home on the East Coast. (Photo: Business Wire)
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 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]
by | Nov 2, 2017 | Press Release
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 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]