Skechers, The Comfort Technology Company™, is supporting Haiti
earthquake relief efforts with a $1 million donation to be given to
three charitable organizations: CORE, Hope For Haiti and World
Central Kitchen. The Company is supporting these organizations to
help the Haitian people who need immediate assistance recovering
from this natural disaster.
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the full release here:
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A helping hand after earthquake in Haiti
on August 14, 2021. Photo credit: CORE
Since the tragic event on the morning of Saturday, August 14,
more than 2,100 people have died with countless others critically
injured. According to UNICEF, more than 84,000 homes were damaged
or destroyed and over a half million children have been left
without necessary food, shelter or clean water.
“As soon as we heard about the devastation on Saturday, it was
clear that Skechers needed to step up and help the people of
Haiti,” said Michael Greenberg, president of Skechers. “We’re
donating a combined $1 million to three organizations that are
making an immediate difference today—and two of which have been
providing critical aid in Haiti for many years. This is just a
kickoff. We are expecting to raise significant additional funds
through the Million Dollar Challenge for Haiti—one that will
encourage our ambassadors, partners and employees to donate with us
as the need is tremendous. We are so proud of our associates and
affiliates around the globe. We know that our teams and partners
will come through for the people of Haiti whose lives have been
upturned. Skechers is a culture of caring and making a difference
is paramount to who we are.”
CORE (Community Organized Relief Effort)—co-founded by
actor and activist Sean Penn in response to the 2010 Haitian
earthquake disaster, the organization has continued its work in
Haiti and responds globally when crisis strikes where vulnerable
communities suffer most.
“We are extremely grateful for this support as funding on the
ground is urgently needed,” said Ann Lee, CEO and co-founder of
CORE. “The devastation throughout the region is tremendous and
there are countless lives that hang in the balance. These resources
support our teams that have been on the ground since day one, our
mobile medical units, shelter kits, and heavy equipment, clearing
access into affected communities for life-saving operations to help
those most impacted by the crisis. Our priority is to assist the
Haitian government and local organizations by supporting the
immediate needs of the Haitian people while developing a long-term
recovery plan.”
Hope For Haiti—its ongoing mission is to provide
resources to help communities thrive while improving the quality of
life for Haitian people, particularly children. The organization
works with communities in rural areas in support of education,
healthcare, infrastructure, access to clean water, and economic
activity.
“Our team is incredibly grateful for the generosity of the
Skechers Foundation to launch the Skechers Economy Fund. This
contribution will support direct economic relief as a part of our
emergency response and recovery plan, specifically providing 1,000
micro grants, 20 loans, financial literacy classes, and digital
currency education to school teachers and micro-, small-, and
medium-sized businesses with the support of blockchain-enabled cash
transfers,” says Skyler Badenoch, Hope for Haiti's CEO.
World Central Kitchen—founded by chef José Andrés to use
the power of food to nourish communities and strengthen economies
in times of crisis and beyond. The organization also helps create
food resilience and skill training to build opportunities within
the community while feeding those who are hungry.
Skechers has just begun the Million Dollar Challenge for Haiti
with outreach through the Skechers Foundation and the creation of
the Skechers Haiti Relief Fund. The first donations and commitments
have come in from some company employees, ambassadors (including
Howie Long, Meb Keflezighi, Brooke Burke and Jon Gruden) and
licensees (including United Legwear and Apparel Company, Fossil
Group, ONSKINERY GmbH and Floriey Industries). These and future
donations will be in addition to the $1 million from Skechers and
will also go to CORE, Hope for Haiti and World Central Kitchen.
About SKECHERS USA, Inc.
Skechers (NYSE:SKX), The Comfort Technology Company based in
Southern California, designs, develops and markets a diverse range
of lifestyle and performance footwear, apparel and accessories for
men, women and children. The Company’s collections are available in
the United States and over 170 countries and territories via
department and specialty stores, and direct to consumers through
4,057 Company- and third-party-owned retail stores and e-commerce
websites. The Company manages its international business through a
network of global distributors, joint venture partners in Asia,
Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan,
India, Europe and Latin America. For more information, please visit
about.skechers.com and follow us on Facebook, Instagram, Twitter,
and TikTok.
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 CORE
CORE (Community Organized Relief Effort) is a crisis relief
nonprofit organization co-founded by Sean Penn and Ann Lee that is
dedicated to saving lives and strengthening communities affected by
or vulnerable to crisis. Within hours of the 2010 earthquake in
Haiti, Penn mobilized a powerful network to take immediate action.
More than 11 years later, CORE continues to lead sustainable
programs focused on four pillars: emergency relief, disaster
preparedness, environmental resilience, and community building. The
organization has expanded beyond Haiti to support communities in
the Bahamas, Puerto Rico, the United States, India and Latin
America. Amid the COVID-19 pandemic, CORE has been operating free
testing sites across the U.S. alongside local partners, providing
essential resources and contact tracing services as well as part of
its integrated approach to combat the pandemic. In 2021, CORE is
working with its partners in the U.S. and internationally to ensure
equitable distribution of vaccines, and has published a manual to
encourage equity-focused community-based vaccination operations.
More information: www.coreresponse.org/covid-19 and follow CORE on
Facebook, Instagram or Twitter.
About Hope for Haiti
Hope for Haiti’s mission is to improve the quality of life for
the Haitian people, particularly children. For the past 32 years,
Hope for Haiti has built a reputation as one of the most trusted
non-profit organizations in southern Haiti, through a firm
dedication to the highest standards of transparency,
accountability, and good governance. The organization’s team
includes 62 full-time Haitian staff members who are from and live
in Hope for Haiti’s partner communities and serve as key leaders in
the implementation of Hope for Haiti’s strategic plan. Using
lessons learned in crisis response from the 2010 Earthquake,
Haiti’s Cholera Epidemic, Hurricane Matthew, and the spread of
COVID-19, Hope for Haiti has developed a comprehensive short- and
long-term response & recovery plan for the 2021 Earthquake and
is uniquely qualified to respond to the needs of the Haitian people
in the days and years ahead. Hope for Haiti is a 4-star rated
non-profit by Charity Navigator and is a participant at the
Platinum Level through the GuideStar Exchange, two leading
independent evaluators recognizing the organization’s transparency
and careful stewardship of donor resources. To learn more and read
the full response plan, visit: www.hopeforhaiti.com and follow the
organization on Instagram @hopeforhaiti for the most recent
updates.
About World Central
Kitchen
Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK)
uses the power of food to nourish communities and strengthen
economies in times of crisis and beyond. WCK has created a new
model for disaster response through its work helping devastated
communities recover and establish resilient food systems. WCK has
served more than 50 million fresh meals to people impacted by
natural disasters and other crises around the world in countries
including The Bahamas, Indonesia, Lebanon, Mozambique, Venezuela,
and the United States. WCK’s Resilience Programs in the Caribbean
and Central America have trained hundreds of chefs and school
cooks, advanced clean cooking practices, and awarded grants to
farms, fisheries and small food businesses while also providing
training and networking opportunities. Learn more at wck.org.
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements may 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 the disruption of business and
operations due to the COVID-19 pandemic; 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 Skechers’ annual report on Form 10-K for the year ended December
31, 2020 and its quarterly report on Form 10-Q for the three months
ended June 30, 2021. More specifically, the COVID-19 pandemic has
had and is currently having a significant impact on Skechers’
business, financial conditions, cash flow and results of
operations. Forward-looking statements with respect to the COVID-19
pandemic include, without limitation, Skechers’ plans in response
to this pandemic. At this time, there is significant uncertainty
about the COVID-19 pandemic, including without limitation, (i) the
duration and extent of the impact of the pandemic, (ii)
governmental responses to the pandemic, including how such
responses could impact Skechers’ business and operations, as well
as the operations of its factories and other business partners,
(iii) the effectiveness of Skechers’ actions taken in response to
these risks, and (iv) Skechers’ ability to effectively and timely
adjust its plans in response to the rapidly changing retail and
economic environment. Taking these and other risk factors
associated with the COVID-19 pandemic into consideration, the
dynamic nature of these circumstances means that what is stated in
this press release could change at any time, and as a result,
actual results could differ materially from those contemplated by
such forward-looking statements. 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 we
cannot predict all such risk factors, nor can we assess the impact
of all such risk factors on our business 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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Jennifer Clay Skechers USA jennc@skechers.com
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