by | Mar 8, 2016 | Press Release
Mar 8, 2016 • 8:35 am EST
Global Footwear Brand Continues to Grow the Performance Footwear Division
MANHATTAN BEACH, Calif. & LIEDERBACH, Germany–(BUSINESS WIRE)– IRONMAN is known for putting on some of the most challenging races in the world. And now, Skechers Performance—a division of SKECHERS USA, Inc. (NYSE: SKX)—has been announced as the Official Running Shoe Sponsor of the 2016 IRONMAN® European Tour, bringing the award-winning brand to elite runners across the continent and the United Kingdom.
Skechers Performance named official running shoe of the 2016 IRONMAN European Tour. (Photo: Business Wire)
Beginning with the IRONMAN® 70.3® Pays d’Aix event in May, Skechers Performance will be on site at 26 of the 43 races in the IRONMAN European Tour. They will have a presence in the expo village and will be featured in event marketing—including race and event signage as well as new media and digital extensions. Athletes will experience the Skechers Performance brand as they swim, bike and run, through Switzerland, Austria, Germany, the UK, Ireland, Spain, France, the Netherlands and Denmark.
“We are excited to be partnering with IRONMAN and these incredible athletes for this world-renowned series,” said Rick Higgins, SVP, Merchandising/Marketing, Skechers Performance. “Joining IRONMAN complements our global marketing strategy for the Performance Division, as this is an essential opportunity to connect directly with our target running demographic and build brand awareness across all of Europe. This partnership exemplifies our continued support and commitment to the running community, and our involvement with this tour will emphasize to both serious and casual athletes across Europe that we are a major player in the running category.”
Over the last five years, Skechers Performance has been an increasingly active and dominant player in the elite running space, attracting athletes such as world-class marathoner Meb, who recently qualified for his fourth Olympic Games at the 2016 marathon Trials, and in 2014, ran to victory in Boston wearing Skechers GOmeb Speed 3 – 2016 shoes. Skechers Performance also sponsors U.S. elite marathoner, Kara Goucher and European athletes Anja Beranek and Nils Frommhold. All endorsed the brand’s lightweight, flexible designs and award-winning innovative technologies found in every pair of Skechers Performance footwear.
“With the Skechers Performance mantra of ‘Go Like Never Before’ and their lightweight and innovative designs, we couldn’t find a more dynamic running shoe partner for our events in Europe than Skechers Performance,” says IRONMAN Chief Sales Officer Carola Ross. “We are thrilled to have them with us on this journey.”
The tour includes a variety of race types. Two stops will be 5150 Olympic distance races where athletes will swim 1.5km, bike 40km and then run for 10km; 12 events will be half distance IRONMAN 70.3 triathlons, consisting of a 1.9km swim, 90km bike, and 21k, run; and 12 stops will be the full-distance ultimate single-day challenge IRONMAN triathlon, where athletes will swim for 3.8km, cycle for 180.2km and then run a full marathon.
Stop by the Skechers Performance booth at 2016 IRONMAN European events and check out the Skechers GOrun footwear for men and women.
For more information on the IRONMAN brand and global event series, visit www.ironman.com. For more information on Skechers Performance, visit www.GOskechers.com.
About IRONMAN
The iconic IRONMAN® Series of events is the largest participation sports platform in the world. Since the inception of the IRONMAN® brand in 1978, athletes have proven that ANYTHING IS POSSIBLE® by crossing finish lines at the world’s most challenging endurance races. Recognized for excellence through distinguished events, world-class athletes and quality products, IRONMAN has grown from a single race to a global sensation with more than 250 events and five unique brands: IRONMAN®, IRONMAN® 70.3®, 5150™ Triathlon Series, Iron Girl® and IRONKIDS®. For more information, visit www.ironman.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 1,340 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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 and opening of new stores, the completion of the expansion and upgrade of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2015. 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
Jennifer Clay, 1-310-937-1326
[email protected]
or
Skechers Performance
Jolene Abbott, 1-310-318-3100, Ext. 4839
[email protected]
or
IRONMAN
Stefan Jaeger
Mobile Austria: +43 699 177 87 107
Mobile Germany: +49 151 105 143 42
[email protected]
by | Mar 4, 2016 | Press Release
Mar 4, 2016 • 8:30 am EST
New Elite Athletes Join the Growing Roster of Brand Ambassadors Representing Skechers GO GOLF®
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Skechers Performance™—a division of Skechers USA, Inc. (NYSE:SKX)—announces today the signing of professional golfers Russell Knox and Ashlan Ramsey, as the latest additions to the growing roster of athletes representing Skechers GO GOLF®. Knox and Ramsey will join world-class golfers Matt Kuchar, Billy Andrade, Colin Montgomerie and Belén Mozo as part of the Skechers Performance elite team. Both Knox and Ramsey will serve as ambassadors for the brand, and be featured in upcoming global marketing campaigns. They will also provide unique insights to help create custom footwear for Skechers GO GOLF.
Russell Knox wearing Skechers GO Golf footwear. (Photo: Business Wire)
Coming off his November 2015 victory at the WGC HSBC Champions in Shanghai and his rapid ascent up the Official World Golf Rankings, many eyes are set on 30 year-old Russell Knox. The Scotsman is currently ranked 3rd in the FedExCup® standings, as he prepares to tee off as the latest member of the Skechers Performance elite team. With his recent momentum, this year looks promising for Knox and includes a trip back to his native Scotland where he will compete at the Scottish Open in his hometown of Inverness.
“I’m thrilled to team up with Skechers Performance,” said Russell Knox. “The GO GOLF shoes really enhance my game and I welcome the opportunity to embark on the next stage of my career together with the brand. Everyone at Skechers Performance has been so incredibly supportive and I look forward to partnering with them.”
Skechers Performance also partnered with pro-golf newcomer Ashlan Ramsey, signing the rookie with a two-year footwear and apparel endorsement deal and will join her on her tour this year. While a freshman at Clemson University, Ramsey was named first-team All-ACC, leading them to victory, and prompting Golfweek to name her the top-ranked amateur in the world.
“We couldn’t be more excited to partner with Ashlan as she embarks on her pro career,” said Rick Higgins, Senior Vice President, Merchandising/Marketing, Skechers Performance. “Her positive attitude and abilities on the course reflect the essence of our brand, and we are proud to have her represent our line of performance footwear and apparel on her tour.”
“Russell Knox and Ashlan Ramsey are both fantastic athletes who have worked very hard with incredible success,” said Skechers USA, Inc. President, Michael Greenberg. “They are each an asset to our team and we can’t wait to work with them to further grow the brand.”
Entering its third year, Skechers GO GOLF has become known for its lightweight designs, high quality comfort, shock-absorbing midsole and superb stability. The footwear is available at Skechers retail stores, and select retail partners including golf pro shops, as well as online at GOSkechers.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 1,340 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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 and opening of new stores, the completion of the expansion and upgrade of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2015. 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.
Jolene Abbott, 310.318.3100 x4839
[email protected]
by | Feb 24, 2016 | Press Release
Feb 24, 2016 • 5:00 am EST
LONDON–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX) today announced that the Company has been named Brand of the Year for the second year in a row at the 2016 Footwear Industry Awards. SKECHERS was also awarded Ladies Brand of the Year; a commendation for Fashion Brand of the Yearfollowing the Company’s 2015 win in the category; and multiple honors for its sales team, including the Platinum Shoe Award and Personality of the Year Award.
“We are incredibly honored to have the Footwear Industry Awards recognize SKECHERS as a continuing leader in lifestyle, fashion and women’s product,” commented Peter Youell, Managing Director of SKECHERS U.K. and Ireland. “These awards are a testament to the growing appeal of SKECHERS and its product to millions of consumers in the U.K. and Ireland, and the ongoing support from our retail partners to reaffirm and elevate our brand as an in-demand lifestyle and fashion footwear company. This recognition further propels us to deliver innovative footwear and to continue to build SKECHERS throughout the region.”
“Skechers has never looked better – from a product and marketing perspective – and our strong sales growth in the U.K., Ireland and around the world allowed us to reach a new annual sales record in 2015 of $3.15 billion,” added SKECHERS S.à.r.l. managing partner Marvin Bernstein. “This prestigious Footwear Brand of the Year award and our recent Company of the Year award from Footwear Plus in the U.S. are key indicators of our strength in Europe and abroad. To continue on our positive momentum in 2016, we look forward to delivering more fresh product to the marketplace and supporting it with incredible campaigns that include celebrated brand ambassadors and influencers Demi Lovato, Meghan Trainor, Kelly Brook and Ringo Starr.”
The prestigious annual awards event was held on Sunday, February 21st during the Moda Footwear Show and was organized by Datateam Business Media with the support of the British Footwear Association (BFA), Independent Footwear Retailers Association (IFRA), The Society of Shoe Fitters and Footwear Today.
SKECHERS offers two distinct footwear categories: a lifestyle division which offers comfort-focused, trend-right product for men, women and kids, and the Skechers Performance Division.
Celebrity product endorsees for Skechers’ collections include multi-platinum recording artists Demi Lovato and Meghan Trainor, the world famous drummer Ringo Starr, model and actress Kelly Brook, and boxing great Sugar Ray Leonard. The Company’s Skechers Performance Division ambassadors include elite marathon champion and Boston Marathon winner Meb and English television presenter Charlie Webster, who ran at the Skechers Performance Los Angeles Marathon; as well as a team of pro golfers that include Scotland’s Colin Montgomerie.
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 1,340 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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 and opening of new stores, the completion of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2014 and its quarterly report on Form 10-Q for the quarter ended September 30, 2015. 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 UK/Ireland
Nicola Zachariades
Tel: 01707655955
[email protected]
by | Feb 15, 2016 | Press Release
Feb 15, 2016 • 9:00 pm EST
- Ruling Applies Only to Three Commercially Insignificant and Discontinued SKECHERS Styles
- There Will Be No Disruption to Skechers Business
- Skechers Plans to Appeal
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader and the second largest footwear brand in the United States, today announced that adidas obtained a preliminary injunction prohibiting Skechers from selling two already discontinued styles from its vast footwear collection and from using the word “Supernova” in connection with a third minor discontinued style.
“The Court’s ruling is preliminary, not final,” stated Michael Greenberg, President of Skechers. “Further, it involves only three minor and commercially insignificant Skechers styles that have already been discontinued, and does not create any disruption in our business or have any impact on sales whatsoever. While this is a non-issue from a commercial standpoint, we are disappointed in the ruling and fully intend to appeal it in order to ensure that our footwear designers retain the freedom to use common design elements that have long been in the public domain.”
In September 2015, adidas sued Skechers in federal district court in Portland, Oregon, alleging that two Skechers styles and use of the word Supernova infringed adidas’ intellectual property rights. adidas sought a preliminary injunction prohibiting Skechers from selling the shoes pending the final outcome of trial. The Court held a hearing in December 2015 and, despite the overwhelming evidence showing that the Skechers styles did not infringe adidas’ intellectual property rights and did not cause likelihood of confusion with adidas’ styles, the judge granted the injunction.
“Skechers is an ardent brander that goes out of its way to distinguish its products from those of its competitors,” continued Mr. Greenberg. “We believe that none of our styles infringe adidas’ intellectual property and that there is no likelihood that consumers who see the Skechers styles will be confused in the slightest. We believe the final outcome of this legal proceeding will vindicate our position.”
Skechers offers two distinct footwear categories across more than 3,000 styles: a lifestyle division which includes comfort-focused, trend-right product for men, women and kids, and the Skechers Performance Division which offers Skechers GOrun and Skechers GOwalk footwear.
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 120 countries and territories worldwide via department and specialty stores, more than 1,340 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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 and opening of new stores, the completion of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2014 and its quarterly report on Form 10-Q for the quarter ended September 30, 2015. 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.
Jennifer Clay, 310-937-1326
VP of Corporate Communications
[email protected]
by | Feb 14, 2016 | Press Release
Feb 14, 2016 • 8:30 pm EST
Skechers Performance Elite Athletes Achieved Greatness as Spectators Cheered During the City’s Largest Race Weekend
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE: SKX) wraps up it’s inaugural weekend as title sponsor of the 2016 Skechers Performance Los Angeles Marathon. The Company celebrated with several milestones, making this the most notable race weekend in Skechers Performance’s history.
Weldon Kirui Wins the 2016 Skechers Performance Los Angeles Marathon, Wearing Skechers GOmeb Speed 3 – 2016. (Photo: Business Wire)
On Saturday, February 13, 2016, Skechers Performance elite athlete, Meb, secured his spot on the 2016 U.S. Olympic team, coming in second place with a marathon time of 2:12:21. This will be Meb’s fourth time competing in the Olympic Games. Meb also set a new American Master’s marathon record yesterday, crossing the finish line wearing his custom GOmeb Speed 3 – 2016. Skechers Performance elite athlete, Kara Goucher, also competed in the Olympic Trials with an incredible fan base cheering her on to the finish. Skechers Performance had a total of 27 elite athletes compete in the Trials.
On Sunday, the celebrations continued as Weldon Kirui represented Skechers Performance, taking first in the marathon with a winning time of 2:13:06. The crowd, including numerous Skechers employees cheered from the finish line to congratulate Kirui. He was awarded first place by Mayor Eric Garcetti, with Skechers executives, David Weinberg and Kathy Kartalis by his side. Kirui competed today wearing the Skechers GOmeb Speed 3 – 2016.
“Skechers could not be more thrilled at how this weekend came together,” said Rick Higgins, SVP, Merchandising/Marketing, Skechers Performance. “There were so many incredible individuals from the Skechers team, the Conqur Endurance Group, and countless volunteers who put in long hours to make this event so successful. It was exciting to see not only our elite athletes compete so well, but also watch our entire company come together – from employees out racing, to those cheering along the course. We are looking forward to coming back next year – we are just getting started.”
At the two day Health and Wellness Expo, the festivities at the Skechers Performance booth kept participants and fans entertained as they filled the Los Angeles Convention Center. The DJ kept the energy high as participants shared inspirational posts that covered an expansive wall, posed for the photo booth, won numerous giveaways and shopped the official Skechers Performance Los Angeles Marathon footwear and apparel line.
Learn more at GOSkechers.com and follow us on Facebook (facebook.com/SkechersPerformance), Twitter (twitter.com/skechersGO) and Instagram (instagram.com/skechersperformance).
For more information and/or images please contact Jolene Abbott at 310.318.3100 x4839 or [email protected].
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 120 countries and territories worldwide via department and specialty stores, more than 1,200 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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, its development of new products, future demand for its products, its planned domestic and international expansion and opening of new stores, the completion of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2014 and its quarterly report on Form 10-Q for the three months ended September 30, 2015. 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
Jolene Abbott, 310-318-3100 x4839
[email protected]
by | Feb 13, 2016 | Press Release
Feb 13, 2016 • 6:49 pm EST
Skechers Performance Elite Athlete, Meb, Took Second Place at the U.S. Olympic Team Trials with a Marathon Time of 2:12:21
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– Skechers Performance Elite Athlete, Meb, secured his spot on the 2016 U.S. Summer Olympic team today, coming in second place with a marathon time of 2:12:21 at the Trials, which were held in Los Angeles on February 13, 2016. Wearing his namesake Skechers GOmeb Speed 3 – 2016 shoes, Meb also set the American Masters Record for the marathon today. This will be Meb’s fourth time competing as an Olympic athlete. He currently holds a silver medal from the 2004 Athens Olympics for the marathon and is the 2012 U.S. Olympic Trials marathon champion. He will be joining Galen Rupp and Jared Ward in Rio de Janerio, Brazil for the 2016 Summer Olympics.
Skechers Performance Elite Athlete, Meb, Crossing the Finish Line at the U.S. Olympic Team Trials, Wearing Skechers GOmeb Speed 3 – 2016. (Photo: Business Wire)
“It’s hard to put into words what I’m feeling right now,” said Meb. “There are so many people that have helped me get to where I am today and I could not have won without the support of my family and my incredible fans. I’m humbled beyond words and I could not be more proud to be an American athlete as I am today. I’m honored to be heading to Rio to represent the U.S.”
At 40 years old, Meb is currently the oldest Olympic marathoner competing in the 2016 Games, and today he proved there is no stopping this Southern Californian elite distance runner. Meb was the first American man to win the 2014 Boston Marathon since 1983 with a winning time of 2:08:37. Meb is also a three-time Olympian with a silver medal in the 2004 Athens Olympics for the marathon and is the 2012 US Olympic Trials marathon champion.
“Today marks an incredible day for the Skechers family, which we are proud to call Meb a part of,” said Rick Higgins, SVP, Merchandising/Marketing, Skechers Performance. “We could not be more thrilled for Meb’s monumental accomplishment today and he truly is an example of an American hero. We are looking forward to celebrating with Meb and supporting him on this Olympic journey to Rio.”
Meb has worked with the Skechers Performance Division since signing on as the brand ambassador in 2011. He has worked closely with the team in developing the brand’s performance running shoes including his namesake racing flat that he won in today—the Skechers GOmeb Speed 3 – 2016.
Learn more at GOSkechers.com and follow us on Facebook (facebook.com/SkechersPerformance), Twitter (twitter.com/skechersGO) and Instagram (instagram.com/skechersperformance).
For more information and/or images please contact Jolene Abbott at 310.318.3100 x4839 or [email protected].
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 120 countries and territories worldwide via department and specialty stores, more than 1,200 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 13 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin America and throughout Europe. 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, its development of new products, future demand for its products, its planned domestic and international expansion and opening of new stores, the completion of the Company’s European distribution center, 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; entry into the highly competitive performance footwear market; 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; 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, 2014 and its quarterly report on Form 10-Q for the three months ended June 30, 2015. 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.
Jolene Abbott, 310-318-3100 ext. 4839
[email protected]