by | Oct 25, 2010 | Press Release
Oct 25, 2010 • 9:00 am EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA (NYSE:SKX), a global leader in the lifestyle footwear industry, today announces that Philip G. Paccione, SKECHERS General Counsel, has been awarded Corporate Counsel of the Year by the Los Angeles Business Journal.
Mr. Paccione was recognized Wednesday, October 20 at the Corporate Counsel Awards in Los Angeles, California where he was named Corporate Counsel of the Year of a Public Company (with more than one billion dollars in annual revenue) from a group of six finalists. Candidates were selected for exceptional legal skill and achievement across the full spectrum of in-house responsibility, exemplary leadership as evidenced by the highest professional and ethical standards, and for contributions to the Los Angeles community at large. Mr. Paccione will also be recognized in the October 25, 2010 issue of the Los Angeles Business Journal.
“We’ve always felt fortunate to have the professionalism, leadership and counsel that Phil brings to SKECHERS every single day,” began Michael Greenberg, president of SKECHERS. “All of us at SKECHERS stand proud to see Phil recognized externally for the exceptional role he’s played in our success for more than a decade.”
“This award from the Los Angeles Business Journal leaves me both humbled and grateful,” stated Mr. Paccione. “I have had tremendous support from executive management and this great company as well as from talented inside and outside counsel. These last 12 and a half years have been a pleasure and I look forward to the challenges ahead as SKECHERS continues to grow around the globe.”
Mr. Paccione has served as the SKECHERS Executive Vice President, Business Affairs since February 2000. Additionally, he has been the Company’s Corporate Secretary since July 1998 and General Counsel since May 1998.
ABOUT SKECHERS USA, Inc.
SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit www.skechers.com.
This announcement may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or simply state future results, performance or achievements, and 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, national and local general economic, political and market conditions including the global economic slowdown and the ongoing financial crisis and market instability; 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 Form 10-K for the year ended December 31, 2009 and the Company’s Form 10-Q for the quarter ended June 30, 2010. 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.
by | Oct 20, 2010 | Press Release
Oct 20, 2010 • 2:30 pm EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global leader in lifestyle footwear, announced today that the Company’s conference call to review its fiscal 2010 third quarter financial results will be broadcast live over the internet on Wednesday, October 27, 2010 at 1:30 pm Pacific Time/4:30 pm Eastern Time. Participating on the call will be David Weinberg, Chief Operating Officer and Chief Financial Officer.
The call will be broadcast live over the Internet and can be accessed on the Investor Relations section of the Company’s website at www.skx.com. The call will be archived for two weeks. For those unable to participate during the live broadcast, a replay will be available beginning October 27, 2010 at 7:30 p.m. ET, through November 10, 2010 at 12:00 a.m. ET. To access the replay, dial 877-870-5176 (U.S.) or 858-384-5517 (International) and use passcode: 4374787.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit www.skechers.com.
by | Oct 19, 2010 | Press Release
Oct 19, 2010 • 9:00 am EDT
New Shape-ups “Comeback” Spots to Feature Kareem Abdul-Jabbar Cameos and Follow Joe Montana’s Successful Campaign
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global leader in the footwear industry, today announced that the Company is launching a series of Shape-ups fitness footwear television spots starring NBA basketball legend Karl Malone along with guest star Kareem Abdul-Jabbar. The spots will spearhead a worldwide Shape-ups “Comeback” campaign for Malone, who will appear in the Company’s print advertisements, visuals and marketing collateral through 2011.
“To everyone who’s too busy to work out, you’re out of excuses,” said Karl Malone. “Shape-ups are easy and they really make your muscles work. I’ve got more strength in my legs and core, and my energy level is up. They’re even easier on my joints than other shoes. I’m excited to stand behind this shoe because it delivers.”
“We’re so proud to see Shape-ups embraced by the greatest sports icons – and the incredible reactions that so many consumers are having to our product,” said Michael Greenberg, president of SKECHERS. “To have not one but two basketball legends endorsing Shape-ups is a tremendous honor – and, we believe, a terrific way to expose more sports fans, fitness-minded consumers, and new customers to the benefits of Shape-ups.”
The “Comeback” spots, which show Malone sharing the benefits of Shape-ups, will air nationwide on major networks beginning tonight, October 19, during the Major League Baseball NLCS (National League Championship Series).
An NBA two-time MVP and one of the sport’s greatest power forwards, Malone scored the second most points (36,928) in NBA history as a star player for Utah Jazz and the Los Angeles Lakers. He trails only fellow Lakers player Abdul-Jabbar, who is regarded as one of the best players of all time with 38,387 points and six NBA championship titles.
The Malone/Abdul-Jabbar launch follows the Company’s successful Shape-ups “Comeback” multimedia campaign featuring Pro Football Hall of Fame quarterback Joe Montana, which is appearing worldwide through 2010.
Launched by the SKECHERS Fitness Group(TM), Shape-ups are technical walking shoes designed to strengthen muscles, promote weight loss, and improve posture. Featuring a rocker-bottom outsole and Resamax(TM) kinetic wedge that together simulate walking on soft sand, Shape-ups provide a constant natural instability, activating muscles with every step. The Shape-ups fitness footwear collection for men and women is available in sporting goods and department and specialty athletic stores worldwide.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit http://www.skechers.com.
This announcement may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or simply state future results, performance or achievements, and 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, national and local general economic, political and market conditions including the global economic slowdown and the ongoing financial crisis and market instability; 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 apparel, accessories, footwear and other merchandise 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 Form 10-K for the year ended December 31, 2009 and the Company’s Form 10-Q for the quarter ended June 30, 2010. 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 Company cannot predict all such risk factors, nor can the Company 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.
by | Oct 13, 2010 | Press Release
Oct 13, 2010 • 6:57 pm EDT
More Than $300,000 Has Already Been Raised for South Bay Schools and Children with Special Needs Through the Annual Charity Walk
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global leader in footwear, today announced Tommy Lasorda, Special Advisor to the Chairman of the Los Angeles Dodgers and Hall of Fame Manager, will appear as a guest speaker during the opening ceremony for the 2010 SKECHERS Pier to Pier Friendship Walk, an annual charity event designed to raise money for South Bay schools and children with special needs. Lasorda is also a member of the SKECHERS Pier to Pier Friendship Walk advisory board. In addition, fitness celebrity and SKECHERS spokesperson Denise Austin will serve as host for the opening ceremony presentation on Sunday, October 24, 2010.
“The SKECHERS Pier to Pier Friendship Walk is a wonderful opportunity for the South Bay community to band together and we’re thrilled to have Tommy Lasorda, a true sports icon, and a fitness pioneer like Denise Austin involved in this year’s event,” said Michael Greenberg, president of SKECHERS. “Spending a Sunday morning walking with your family and friends is the perfect opportunity to do something healthy, while helping raise funds to benefit the South Bay community.”
Last year’s inaugural SKECHERS Pier to Pier Friendship Walk raised more than $220,000 for South Bay education foundations and The Friendship Circle, a non-profit organization. Fundraising for the 2010 walk has already surpassed $300,000 and will continue until the October 24 event date.
“We’re thrilled that the 2009 SKECHERS Pier to Pier Friendship Walk generated such a large donation for these wonderful organizations, and we’ve already surpassed that amount for the 2010 walk,” said Michael Greenberg. “At SKECHERS, we believe it’s important for companies to give back; we created the SKECHERS Foundation to further our charitable goals as we continue to organize events like the SKECHERS Pier to Pier Friendship Walk. In years to come, the SKECHERS Foundation will donate even more funds to non-profit organizations that are making a positive impact in communities across the United States and around the world.”
Beginning at the Manhattan Beach Pier, the 3.4 mile walk route will travel to the Hermosa Beach Pier and back. With a variety of activities throughout the morning, the SKECHERS Pier to Pier Friendship Walk is a fun-filled event for the entire family:
-- 8:00 am - Check-in and registration opens
-- 8:30 am - Sponsor exhibitions and Kid Zone activities
-- 9:30 am - Opening ceremony presentation with Tommy Lasorda and Denise
Austin
-- 10:00 am - Walk begins
-- 11:00 am - Finish line celebrations
In addition, the Los Angeles Clippers Spirit dance team will appear for a special performance and the Mira Costa High School Jazz Band and Drumline, along with the Hermosa Beach Middle School Band, will provide music. Immediately following the walk, the 20th annual World Famous Pumpkin Races will take place at the Manhattan Beach Pier.
Individuals, families, team leaders and team members can register online at www.Pier2Pierwalk.com or by mail for $25. Registration at the Manhattan Beach Pier on the day of the event is $30 and will be open from 8:00 am until 9:45 am. All registered walk participants will receive a commemorative SKECHERS Pier to Pier Friendship Walk T-shirt and complimentary water and drinks will be provided along the walk route.
SKECHERS Pier to Pier Friendship Walk donation funds will directly benefit the education foundations of Manhattan Beach, Hermosa Beach, Redondo Beach, El Segundo, Palos Verdes, and Torrance. In addition, donations will support The Friendship Circle, a non-profit organization that assists children with special needs and their families through one-on-one peer mentoring and social recreational programming: www.friendshipcirclesb.com.
The 2010 SKECHERS Pier to Pier Friendship Walk is presented by Kids Foot Locker. Additional sponsors include: Acuprint, Marc Steven Leather, Ross Stores, Waste Management, WSA (World Shoes + Accessories), Equinox, Wells Fargo, Merrill Lynch, Marshalls, Finish Line, Arrowhead, Chevron, Build-A-Bear Workshop, Michael Stars, Shoe Carnival and Shoebuy.com.
The SKECHERS Pier to Pier Friendship Walk is an extension of the SKECHERS Foundation, an organization that was founded to provide families around the world with the necessities and skills to succeed in life. Specifically, 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.
For more information about the SKECHERS Pier to Pier Friendship Walk, including registration details, sponsorship opportunities, or to make an online donation, please visit www.Pier2Pierwalk.com.
by | Oct 5, 2010 | Press Release
Oct 5, 2010 • 9:00 am EDT
Free App Enables Shape-Ups(R) Users to Track, Map and Share Their Workouts
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global leader in the footwear industry, today announced that the Company has launched a free Shape-Up N’ Go(TM) application for the iPhone(R). Available at the iTunes(R) App Store in the Healthcare & Fitness category, the Shape-Up N’ Go app is designed to track, map and share Shape-ups(R) users’ walking, running and hiking activities.
Shape-Up N’ Go turns Shape-ups into an interactive training experience by displaying and voicing workout times, distances, estimated calories burned, pace, speed and elevation; tracking and mapping routes; synchronizing with training logs; and sharing workouts with friends and family on Twitter and Facebook.
“With Shape-Up N’ Go, it’s easier than ever to learn more about your workouts, improve your level of fitness, and stay motivated and connected to the Shape-ups community,” said Michael Greenberg, president of SKECHERS. “Given the popularity of Shape-ups and interactive fitness tools, we expect that our new app will enhance users’ workout experiences – as well as expose our product to new consumers.”
Shape-Up N’ Go is designed to use MapMyWALK’s(TM) intuitive data output and navigation features with iPhone’s GPS technology. The app is also being developed for the Android(TM) and Blackberry(R).
Launched by the SKECHERS Fitness Group(TM), Shape-ups are technical walking shoes designed to tone muscles, promote weight loss, and improve posture. Featuring a rocker-bottom outsole and Resamax(TM) kinetic wedge that together simulate walking on soft sand, Shape-ups provide a constant natural instability, activating muscles with every step. The Shape-ups fitness footwear collection for men and women is available in sporting goods and department and specialty athletic stores worldwide.
About SKECHERS USA, Inc.
SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit http://www.skechers.com.
This announcement may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or simply state future results, performance or achievements, and 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, national and local general economic, political and market conditions including the global economic slowdown and the ongoing financial crisis and market instability; 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 apparel, accessories, footwear and other merchandise 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 SKECHERS’ Form 10-K for the year ended December 31, 2009 and SKECHERS’ Form 10-Q for the quarter ended June 30, 2010. The risks included here are not exhaustive. SKECHERS and MapMyFITNESS(TM) operate 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.
by | Sep 30, 2010 | Press Release
Sep 30, 2010 • 9:00 am EDT
For Every Pair Sold, SKECHERS will Donate $10 to The Breast Cancer Research Foundation(R)
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– SKECHERS USA, Inc. (NYSE:SKX), a global leader in footwear, today announced the launch of the Shape-ups Awareness shoe, a specially designed original style featuring The Breast Cancer Research Foundation’s pink ribbon symbol. For every pair of Shape-ups Awareness shoes sold in the United States, SKECHERS will donate $10 to The Breast Cancer Research Foundation. In addition, international sales of this style will benefit various breast cancer charities and organizations around the world.
For every pair of Shape-ups Awareness sold, SKECHERS will donate $10 to The Breast Cancer Research Foundation(R) (Photo: Business Wire)
“Shape-ups are designed to incorporate healthy living and fitness into everyone’s lifestyle, so it was natural for us to develop a shoe that brings awareness to a critical women’s health issue like breast cancer,” said Michael Greenberg, president of SKECHERS. “When you purchase a pair of Shape-ups Awareness shoes, it’s a positive step to improve your own health, while helping others who are battling this devastating disease. We are confident that Shape-ups Awareness sales will generate a substantial donation to The Breast Cancer Research Foundation and help save lives.”
“When SKECHERS contacted The Breast Cancer Research Foundation, we were thrilled to partner with a global brand with the potential to make a big impact in the breast cancer research field,” said Myra Biblowit, president of The Breast Cancer Research Foundation. “There is a natural synergy between BCRF and SKECHERS as we both promote the importance of exercise in the fight against breast cancer.”
To promote the charitable mission of the Shape-ups Awareness shoe and The Breast Cancer Research Foundation, SKECHERS has developed Shape-ups Awareness packaging, point-of-purchase displays, e-mail blasts and a national print ad to launch in October 2010 for Breast Cancer Awareness Month. In addition, fitness celebrity and SKECHERS brand ambassador Denise Austin will wear the Shape-ups Awareness shoe to promote the cause.
Launched by the SKECHERS Fitness Group(TM) in 2009, Shape-ups are technical walking shoes designed to tone muscles, promote weight loss, and improve posture. Featuring a rocker-bottom outsole and Resamax(TM) kinetic wedge that together simulate walking on soft sand, Shape-ups provide a constant natural instability, activating muscles with every step. Like other SKECHERS Shape-ups shoes, limited edition Shape-ups Awareness shoes will be available in department stores, athletic stores, independent retail stores, Company-owned SKECHERS stores, and online through skechers.com.
The Breast Cancer Research Foundation is an independent, not-for-profit organization whose mission is to achieve prevention and a cure for breast cancer in our lifetime. They provide funding for innovative clinical and translational research at leading medical centers worldwide, and work to increase public awareness about good breast health. Since its inception, the Foundation has raised over $290 million to support clinical and translational research at medical institutions across the globe, conducting the most advanced and promising breast cancer research. For more information please visit www.bcrfcure.org.
SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit www.skechers.com.
This announcement may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or simply state future results, performance or achievements, and 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, national and local general economic, political and market conditions including the global economic slowdown and the ongoing financial crisis and market instability; 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 SKECHERS’ Form 10-K for the year ended December 31, 2009 and Form 10-Q for the quarter ended June 30, 2010. 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 SKECHERS cannot predict all such risk factors, nor can SKECHERS assess the impact of all such risk factors on the business 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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6449462&lang=en
