Tony Romo, Sugar Ray Leonard, AGT Winner Kodi
Lee and More Celebrities Gather Online to Raise Funds for Children
with Special Needs, Schools and Scholarships
The Skechers Pier to Pier Friendship Walk is gathering virtually
this year to continue its fundraising campaign for kids during the
COVID-19 shutdown: aiming to raise $2 million as it transforms its
popular annual beach event into a celebration of its sponsors and
community. Hosted by South Bay students and supported by media
sponsor NBC4, dozens of stars and more than 100 companies, the
event will feature a star-studded lineup of performances and
appearances with celebrities like America’s Got Talent winner Kodi
Lee, Tony Romo, Sugar Ray Leonard, Matt Kuchar, Brooke Henderson,
Howie Long, Brooke Burke, Denise Austin and many more.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201014005843/en/
Friendship Foundation buddies Marcus and
Owen celebrate at last year's Skechers Pier to Pier Friendship
Walk. The annual event will be held virtually on Sunday, October
25th, featuring celebrities, sponsors and the community to support
children with special needs and education. (Photo: Business
Wire)
“The Skechers Pier to Pier Friendship Walk has always been about
gathering our community to uplift our kids in the face of great
obstacles—and there’s no better example of that than this year,”
said Michael Greenberg, founder of the Walk. “Since the world came
to a standstill, our students and teachers have faced unimaginable
challenges as they have had to learn online. For children and
teens, especially those with special needs, staying close with
friends is important to their development, and these changes have
added further stress to them and their families. Our schools and
the Friendship Foundation have risen to meet these challenges,
finding creative new ways to teach, care and connect—but more
funding is needed to help their efforts.”
Added Greenberg: “I’m so heartened by the continued generosity
of our dedicated community, sponsors and ambassadors, as well as
the support we’ve received from many new celebrities now that this
year’s event has gone virtual. In many ways, this is our Walk’s
most important year yet.”
“We’ve been a proud sponsor of the Walk for five years—and in
this difficult year, we’re more committed than ever to rally for
our children,” said Dennis Sullivan, store director for Gelson's.
“It’s crucial that companies like ours step up and help our kids
academically, socially and emotionally. The more we give, the
stronger they’ll be once the world reopens.”
Donations from the Skechers Pier to Pier Friendship Walk support
The Friendship Foundation, public schools and scholarship funds for
exceptional students. The Friendship Foundation currently offers
one-on-one peer visits and social recreational activities online to
children with special needs; typical activities include summer
camps, sporting event outings and classes such as music, yoga,
cooking, art and drama. The event also helps education foundations
enhance schools in areas like technology, music, and science;
reduce class sizes; update labs, libraries and facilities; and
protect teachers’ jobs. To date, the Skechers Foundation’s national
scholarship program has donated more than $200,000 to students with
financial need and proven excellence in academics, athletics and
leadership.
Historically California’s largest event for children with
special needs and education, the Skechers Pier to Pier Friendship
Walk has raised more than $13 million to date for public schools,
scholarships and the Friendship Foundation—breaking records every
year since its 2009 launch. More than 17,000 registrants
participate in the event annually, many of whom will celebrate
virtually from home this month and walk through their neighborhoods
in tribute.
Additional attendees of this year’s virtual walk include
celebrities like Hall of Fame baseball legend Tommy Lasorda, NBC4
investigative reporter Lolita Lopez, actor Dallas Young and singing
sensation Malea Emma—with support from Ian Ziering, Jamie Redknapp
and numerous YouTube and Disney network stars.
Viewers can register online at skechersfriendshipwalk.com and
watch the 12th annual virtual Walk at the site on Sunday, October
25th at 10am PST. Participants can also follow the Walk on Facebook
(facebook.com/SKECHERSFriendshipWalk), Instagram
(instagram.com/skechersp2pwalk) and Twitter
(twitter.com/SkechersP2PWalk).
In addition to media sponsor NBC4, the Skechers Pier to Pier
Friendship Walk thanks all of its sponsors, including United
Legwear & Apparel, The CET Foundation, Moose Toys, Kinecta
Federal Credit Union, Petco Foundation, Steel Sports, Vertra,
Chevron, McCarthy Construction, Dakine, Aptos Retail, CAA-GBG,
Continental Development, Mattel, Marshalls, WSS, O’Melveny, Halo
Life, Suntech and more than 100 other companies who have supported
our children.
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.
Based in Manhattan Beach, California, Skechers (NYSE: SKX)
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 3,615 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.
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, 2019 and its quarterly report on Form 10-Q for the three months
ended June 30, 2020. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201014005843/en/
Jennifer Clay SKECHERS USA jennc@skechers.com (310) 937-1326
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Feb 2024 to Mar 2024
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Mar 2023 to Mar 2024