SKECHERS Named Company of the Year by Footwear Plus
February 04 2015 - 9:00AM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX), the second highest buzz ranked
and buzz improver in the footwear and apparel sector in 2014*,
today announced that it has been named 2014 Company of the Year by
the trade publication Footwear Plus at its annual Plus Awards. This
marks the sixth time that SKECHERS has been honored with the top
Plus Award and follows a Company of the Year win from Footwear News
at the FN Achievement Awards in December.
The 16th Annual Plus Awards, which were presented yesterday at
the FFaNY Industry Appreciation Party in New York City, are
nominated and voted on by footwear retailers nationwide in
recognition of the industry’s most compelling product
offerings.
“We are incredibly honored to be recognized with the Company of
the Year award from Footwear Plus for the sixth time—capping off
what has proven to be a banner year for SKECHERS,” began Michael
Greenberg, president of SKECHERS. “The awards that have been
bestowed on SKECHERS for 2014 are a testament to the hard work of
our entire team in elevating the company with innovative, stylish
and comfortable footwear that’s in-demand around the globe. We’re
positioned to continue defying expectations moving full throttle in
2015 with more great product that meets the needs of consumers and
our amazing partners throughout the world.”
“SKECHERS has been a fixture at the Plus Awards over the
years—returning again and again thanks to new and exciting ideas
and products that transcend expectations,” added Greg Dutter,
Editorial Director of Footwear Plus magazine. “The Company is the
definition of industry leader and knows how to constantly reinvent
and evolve to meet the changing needs of consumers around the
globe. SKECHERS delivered expertly on relevance in 2014 and we look
forward to watching this Company connect with more new consumers in
the years ahead.”
SKECHERS’ previous Footwear Plus awards include the Company of
the Year Award in 2005, 2006, 2008, 2009 and 2010, and Plus Awards
for Design Excellence in 2000 for Young Women’s Fashion, in 2001
for Women’s Streetwear, 2002 for Kids’ Fashion, and in 2013 for the
Running and Children’s categories. SKECHERS also won Plus Awards
for Design Excellence in Men’s Streetwear in 2005 and 2006 for its
fashion brand Marc Ecko.
SKECHERS offers two distinct footwear categories: a lifestyle
division which offers comfort-focused trend-right product for men,
women and kids including Relaxed Fit®, Skechers Memory Foam
footwear and the philanthropic line BOBS from SKECHERS, and the
Skechers Performance Division which includes Skechers GOrun and
Skechers GOwalk footwear.
Celebrity product endorsees for SKECHERS' collections include
legendary drummer Ringo Starr, multi-platinum recording artist Demi
Lovato, model and actress Kelly Brook, TV personality Brooke
Burke-Charvet, legendary quarterbacks Joe Montana and Joe Namath,
baseball stars Pete Rose and Mariano Rivera, as well as The Voice
winner Danielle Bradbery. In addition, elite marathon champion and
Boston Marathon winner Meb Keflezighi, elite runner Kara Goucher,
and pro golfers Matt Kuchar and Belén Mozo represent the Skechers
Performance Division.
*Source: YouGov Annual Brand Index for 2014
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 100 countries and territories worldwide via department and
specialty stores, more than 1,000 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 12 wholly-owned subsidiaries in Brazil,
Canada, Chile, Japan 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 opportunities,
its planned opening of new stores, advertising and marketing
initiatives, and the expansion and automation plans for the
Company’s European Distribution Center. 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, national and local general economic, political and
market conditions including the ongoing global economic slowdown
and market instability; 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, 2013, and its
Form 10-Q for the quarter ended September 30, 2014. 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.
SKECHERS USA, Inc.Jennifer Clay, 310-937-1326
Skechers USA (NYSE:SKX)
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