SKECHERS Named Footwear Brand of the Year at the Footwear Industry Awards
February 22 2017 - 4:00AM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX) today announced that the Company
has been named Brand of the Year for the third year in a row at the
2017 Footwear Industry Awards. SKECHERS was also highly commended
in the Ladies Footwear Brand and Comfort/Wellness Brand of the Year
category.
“It’s officially a three-peat! We are thrilled to be honored
with Brand of the Year from the Footwear Industry Awards three
years running,” said Peter Youell, Managing Director of SKECHERS
U.K. and Ireland. “This award continues to be a testament to the
growing appeal of SKECHERS and its product to consumers across the
U.K. and Ireland, who have become loyal fans of the brand. Of
course this award wouldn’t be possible without the ongoing support
from our retail partners; together, we have elevated Skechers in
their stores, making it an in-demand lifestyle and fashion footwear
brand.”
“This past year has been a banner year for our brand – a new
annual sales record of $3.56 billion, incredible new product and
marketing, and global growth,” added Marvin Bernstein, managing
partner of SKECHERS S.à.r.l. “Now in our 25th year, we’ve revamped
our footwear lines to include more youthful, trend-forward styles,
and have amplified our hugely successful comfort offering. We’re
thrilled that the Footwear Industry Awards continues to applaud our
dual “inside/out” approach to product for today’s consumer – and
look forward to building on our style and comfort innovations for
years to come.”
The prestigious annual awards event was held on Sunday, February
19, 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 for elite
athletes and sports enthusiasts.
Celebrity product endorsees for Skechers' collections include
multi-platinum recording artist Meghan Trainor, actor Rob Lowe,
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 2,012 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 and opening of new stores 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, 2015 and its quarterly report on Form
10-Q for the three months ended September 30, 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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version on businesswire.com: http://www.businesswire.com/news/home/20170222005448/en/
UK Contact:Nicola ZachariadesSKECHERS UK/IrelandTel:
01707655955nicolaz@eu.skechers.comorGlobal Contact:Jennifer
ClaySKECHERS USA, Inc.Tel: 310-937-1326
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