The SKECHERS Foundation celebrated its eighth annual SKECHERS
Pier to Pier Friendship Walk with a check presentation ceremony on
Thursday, March 2 at the Shade Hotel in Redondo Beach, California.
The Foundation presented $914,000 to six education foundations and
$434,000 to The Friendship Foundation – a non-profit organization
that assists children with special needs and their families. The
SKECHERS Foundation also announced that it plans to expand its
scholarship program four-fold in 2017, awarding $100,000 to high
school students in need nationwide.
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Brooke Burke-Charvet, Skechers President
Michael Greenberg and Denise Austin at the 2017 SKECHERS Friendship
Walk Check Presentation (Photo: Business Wire)
“We’re thrilled to see how much the SKECHERS Pier to Pier
Friendship Walk has grown in its eight years – from a passionate
local movement of 1,000 that raised $220,000 in 2008, to more than
12,000 people rallying to raise a record $1.6 million for children
with special needs and education,” said SKECHERS President Michael
Greenberg. “It has been an incredible experience to see the
life-changing opportunities that the Walk has created for children
– and with the national expansion of our scholarship program, we
can make an even greater impact on future generations.”
The SKECHERS Foundation will donate $1,000 to $5,000
scholarships to deserving students, who will be chosen based on
financial need, academic performance, athletic abilities and
leadership qualities. Administering the program is Scholarship
America® – the largest designer and manager of scholarships,
tuition assistance and other education support programs for
corporations, foundations, associations and individuals in the
nation. The application is currently available to all high school
seniors on www.SKECHERSfriendshipwalk.com. Winners will be
announced in early June.
Attendees at the 2016 SKECHERS Pier to Pier Friendship Walk
included Brooke Burke-Charvet, Sugar Ray Leonard, Denise Austin,
and dozens of other celebrities. “The SKECHERS Pier to Pier
Friendship Walk has become an annual tradition for me and my
family,” said Brooke Burke-Charvet, SKECHERS ambassador and
SKECHERS Foundation check presenter. “The event brings together all
walks of life and is a powerful testament to what we can do when
united in purpose. It’s an honor to give back to so many deserving
children.”
Now California’s largest charity event supporting children with
special needs and education, the SKECHERS Friendship Walk has
united over 54,000 participants since its inception and has raised
over $7 million to support The Friendship Foundation – as well as
educational foundations that are committed to bettering the school
system by saving jobs of teachers, retaining vital academic
programs, maintaining smaller class sizes, improving libraries and
upgrading school technology. The Walk is an extension of the
SKECHERS Foundation, an organization founded to provide families
around the world with the necessities and skills to succeed in
life.
Numerous corporate sponsors are vital to the success of the
SKECHERS Pier to Pier Friendship Walk, including Nickelodeon, NBC4,
Wells Fargo, Steel Sports, Vertra, The Claudette and Ethan Rickett
Care Foundation, Ross, Zappos.com, Mattel, Body Glove, Kids Foot
Locker, United Legwear, JAKKS Pacific, Marshalls, Cushman &
Wakefield, Caskey & Caskey, Siltanen & Partners
Advertising, Continental Development, Northrop Grumman, Equinox,
Chevron, and a myriad of other companies who have shown their
support to the organization.
About SKECHERS
Foundation
The SKECHERS Foundation was established to provide families
around the world with the necessities and skills to succeed in
life. In addition to organizing the SKECHERS Pier to Pier
Friendship Walk, 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.
About SKECHERS USA, Inc.
SKECHERS USA, Inc. (NYSE:SKX) 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, 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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SKECHERS USA, Inc.Stacey Held, 310-318-3100
Skechers USA (NYSE:SKX)
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