LONDON -- (Business Wire)
SKECHERS USA, Inc. (NYSE:SKX) today announced that the Company has been
named Mainstream Women’s Brand of the Year at the 2017 Drapers Footwear
Awards. SKECHERS was also recently awarded as Brand of the Year during
the 2017 Footwear Industry Awards in February.
“We are incredibly honored to be recognized by Drapers Footwear
Industry, as the leading Mainstream Women’s Brand of the Year,”
commented Peter Youell, Managing Director of SKECHERS U.K. and Ireland.
“It is a privilege to receive this acknowledgment amongst such notable
brands that were shortlisted in this category. This award highlights the
growing appeal and need for trend right comfort in the footwear market
and SKECHERS excels here with continued growth and demand for our
Skechers Memory Foam and SKECHERS GOwalk platforms.”
“We accept this recognition thanks to the ongoing support from our
amazing SKECHERS retail partners who drive consumers to SKECHERS in
their stores and have made SKECHERS an in-demand brand across the UK
year after year,” added Marvin Bernstein, managing partner of SKECHERS
S.à.r.l. “UK continues to be a key market in the region and it is
amazing to see ongoing growth after nearly 25 years in the country.”
The Drapers Footwear Awards recognize and celebrate outstanding
performance, innovation and creativity among retailers, brands and
individuals in this fast-paced sector. The prestigious award ceremony
was held on May 17 at the Grosvenor House Hotel in London, and is
supported by the British Footwear Association (BFA).
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 for elite athletes and
sports enthusiasts.
Celebrity product endorsees for Skechers' collections include actress
Kelly Brook, multi-platinum recording artist Meghan Trainor, actor Rob
Lowe, boxing great Sugar Ray Leonard, and baseball slugger David “Big
Papi” Ortiz. The Company’s Skechers Performance Division ambassadors
include elite marathon champion and Boston Marathon winner Meb
Keflezighi 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 2,055 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 March 31, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170522005615/en/
Contacts:
SKECHERS USA
Jennifer Clay
(310) 937-1326
jennc@skechers.com
Source: SKECHERS USA, Inc.
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