Skechers Wins Ladies Footwear Brand of the Year and Leader in Customer Service at the Footwear Industry Awards
February 27 2018 - 8:00AM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX) has been named Ladies Brand of the
Year and Leader in Customer Service at the 2018 Footwear Industry
Awards last week. The Company also received recognition as highly
commended Footwear Brand of the Year and Fashion Brand of the
Year.
“It is a privilege to be honored with Ladies Brand of the Year
for a second year running and Leader in Customer Service for the
first time,” said Peter Youell, Managing Director of SKECHERS U.K.
and Ireland. “These acknowledgments are the result of hard work and
devotion of our SKECHERS team in the U.K. and in the USA, allowing
us to sit amongst the top leaders in the footwear industry. Our
gratitude extends to our supportive retail partners who together,
continue to elevate our brand and highlight the growing appeal for
trend right comfort in the footwear market year after year.”
“Thanks to our international business, we were able to produce
yet another solid year, with annual sales setting a new record of
$4.16 billion,” added Marvin Bernstein, managing partner of
SKECHERS S.à.r.l. “The brand’s continuous growth has allowed
SKECHERS to be one of the most in-demand footwear and apparel
brands in the U.K. for nearly a quarter of a century.”
SKECHERS has been honored with numerous Footwear Industry
Awards, including Brand of the Year in 2015, 2016, and 2017.
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
chart-topping singer Camila Cabello, actress Kelly Brook, and
boxing great Sugar Ray Leonard. The Company’s Skechers Performance
Division ambassadors include elite marathon champion Meb, 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, 2,570 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, Skechers’ 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 challenging consumer retail markets
in the United States; 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 nine months ended September 30, 2017. The
risks included here are not exhaustive. Skechers 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 USAJennifer Clayjennc@skechers.com
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