World Famous Footwear Company Joins Victor Espinoza as He Seeks
His Fourth Kentucky Derby Victory
MANHATTAN BEACH, Calif. -- (Business Wire)
SKECHERS
USA, Inc. (NYSE:SKX), today announced that it has signed on to
sponsor 2015’s Triple Crown-winning jockey, Victor Espinoza, as he
begins a new run for the series at the 143rd running of the
Kentucky Derby this Saturday. SKECHERS branding will be included on
Espinoza’s riding apparel as he races Gormley during Saturday’s big
event at Churchill Downs.
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Triple Crown-winner Victor Espinoza in pre-race comfort with Skechers (Photo: Business Wire)
“SKECHERS is excited to be back at the racetrack alongside Triple-Crown
winning jockey Victor Espinoza,” stated Michael Greenberg, president of
SKECHERS. “We love partnering with elite competitors in any sport and
thinking outside the box. Victor was riding California Chrome when we
sponsored the thoroughbred during his exciting run at the Belmont Stakes
in 2014. Now we’re partnering with the man himself as he seeks to
achieve his fourth Kentucky Derby victory.”
“When I’m relaxing away from the track, I’ve always loved how
comfortable SKECHERS shoes feel,” added Victor Espinoza. “As my career
really hit its stride on the West Coast, I’m thrilled to have such an
iconic California brand supporting me on this incredible journey.”
Espinoza is one of 10 jockeys to have won the Kentucky Derby at least
three times and if he wins for a fourth time on Saturday, he’ll be one
of only four to have ever accomplished that feat. At the top of the
field of jockeys currently competing, he recently won the Santa Anita
Derby riding Gormley and has collected over 240 graded stakes, earning
him the honor of being one of this year’s Racing Hall of Fame inductees.
This news follows the signing of ten-time All-Star Dominican-American
baseball slugger, David “Big Papi” Ortiz. SKECHERS has a long history
working with sports icons including current endorsees like football
greats Joe Montana and Howie Long, as well as boxing legend Sugar Ray
Leonard.
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. 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.
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Contacts:
SKECHERS USA
Jennifer Clay
jennc@skechers.com
310-937-1326
Source: SKECHERS USA, Inc.
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