SKECHERS Receives Company of the Year and Design Excellence Awards from Footwear Plus
February 02 2016 - 9:00AM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX), today announced that it has been
named 2015 Company of the Year and honored with a design excellence
award in the Athleisure category from trade publication Footwear
Plus. This marks the seventh time that SKECHERS has received the
top honor for Company of the Year, and its eighth Plus Award for
footwear design excellence.
Created by Footwear Plus and co-sponsored by the Fashion
Footwear Association of New York (FFANY), the 17th Annual Plus
Awards were nominated and voted on by thousands of footwear
retailers and consumers nationwide in recognition of the industry’s
most compelling product offerings.
“I am honored SKECHERS has received two Plus Awards that reflect
our tremendous success and achievements this past year,” said
SKECHERS president Michael Greenberg.“We opereate in a highly
competitive industry, so being named Company of the Year for
consecutive years and seven times overall is a testament to the
ongoing strength of our brand along with our ability to deliver
footwear that consumers around the world desire most. And with
athleisure being one of the hottest trends in the market today,
we’re thrilled to receive a Plus Award for design excellence in
this trend-forward category as well. With many innovative new
products in the pipeline, we will continue to build on this
momentum in 2016.”
“Since SKECHERS won their first Plus Award in 2000, they have
demonstrated remarkable growth, tenacity and evolved into an
industry leader with a global footprint,” added Greg Dutter,
Editorial Director of Footwear Plus. “Their ability to identify
trends in the market and rapidly deliver footwear that consumers
love to wear has contributed to SKECHERS’ tremendous success this
past year. Brands that can effectively evolve in a rapidly changing
market will rise to the top, and SKECHERS has demonstrated they
understand what it takes to achieve greatness in their
industry.”
Previous Footwear Plus honors for SKECHERS include the Company
of the Year Award in 2005, 2006, 2008, 2009, 2010, and 2014, and
Plus Awards for Design Excellence in 2000 for Young Women’s
Fashion; in 2001 for Women’s Streetwear; in 2005 and 2006 for Men’s
Streetwear; in 2002 for Kids’ Fashion, and in 2013 for the Running
and Children’s categories.
SKECHERS offers two distinct footwear categories: 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.
Celebrity brand ambassadors for SKECHERS' collections include
boxing champion Sugar Ray Leonard, legendary drummer Ringo Starr,
multi-platinum recording artist Demi Lovato, Grammy-nominated
singer and songwriter Meghan Trainor, model and actress Kelly
Brook, and TV personality Brooke Burke-Charvet. In addition, elite
runners Meb Keflezighi and Kara Goucher as well as pro golfers Matt
Kuchar, Colin Montgomerie, Belén Mozo, and Billy Andrade represent
the Skechers Performance Division.
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
growth, financial results and operations, its development of new
products, future demand for its products and growth across the
Company’s three main business channels and globally, its planned
expansion and opening of new stores, advertising and marketing
initiatives, and the conclusion of legal matters. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160202005109/en/
SKECHERS USA, Inc.Jennifer Clay, 310-937-1326
Skechers USA (NYSE:SKX)
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