The Company’s BOBS from Skechers Movement
Has Helped Save and Support More Than One Million Shelter Dogs and
Cats in the United States and Canada
Skechers has reached an important milestone in its commitment to
animal welfare by contributing more than $6.2 million to date to
help save and support more than one million shelter dogs and cats
in the United States and Canada. Through sales of its BOBS from
Skechers collection, the Company’s donations continue to provide
crucial aid to animals in need. More than $2.7 million of these
contributions have benefited thousands of animal organizations
through the Petco Foundation.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210217005027/en/
Through its partnership with Petco
Foundation and animal welfare organizations, Skechers has donated
more than $6.2 million to help to save and support over a million
shelter dogs and cats in the United States and Canada, like Eggnog,
adopted from Our Best Friends Rescue in Rockaway, NJ, and the
rescues at Two Chihuahuas foster-based rescue in Scottsdale, AZ.
Photo credits: @thestumpybrigade (left) and @twochihuahuas
(right)
“From its inception, BOBS from Skechers was about giving
back—first to children in need with new footwear, and then in 2015
to animals in need. It’s incredible to see how we’ve raised over $6
million for animals, including over $2.7 million for Petco
Foundation’s extensive animal shelter and support network in just
two years,” said Michael Greenberg, president of Skechers. “To see
us reaching these milestones in a year this challenging speaks
volumes about our consumers’ engagement and belief in the BOBS
movement.”
“Many people in isolation have been finding comfort in the
unconditional companionship of shelter pets due to the quarantine.
Pets change our lives for the better—and the past year definitely
served as a reminder that they make our world a better place,” said
Susanne Kogut, president of Petco Foundation. “Our partnership with
BOBS from Skechers is essential as we continue to save pet lives
through adoption, medical care and numerous other lifesaving
initiatives throughout the nation.”
Initially a philanthropic collection of slip-on styles that
donated new shoes to children in need, the BOBS from Skechers
movement has grown to help protect shelter animals through a
diverse collection of sandals, sneakers, boots and slippers,
including collaborations with icons like Doug the Pug and James
Goldcrown. BOBS has also expanded beyond footwear to offer apparel
and accessories, from tops and bottoms for pet lovers to pet beds
and harnesses at Petco.com. For every BOBS item purchased in the
United States and Canada, a donation is made to the Petco
Foundation to help save and support shelter animals through their
partnership with 4,000+ lifesaving animal welfare organizations
across the nation.*
The BOBS from Skechers collection is available at Skechers.com,
Skechers stores and select department and specialty locations in
the United States. To learn more, follow BOBS from Skechers on
Facebook, Twitter and Instagram, or visit BOBSfromSkechers.com.
* Skechers U.S.A., Inc., 228 Manhattan Beach Blvd., Manhattan
Beach, CA 90266, 310-318-3100. Petco Foundation, 654 Richland Hills
Drive, San Antonio, TX 78245, 858-453-7845. During the promotion,
twenty-five cents USD will be donated to the Petco Foundation per
item of specially marked BOBS from Skechers footwear, apparel and
accessories sold in the U.S., to help save the lives of dogs, cats
and other pets in America’s shelters. The promotion runs January 1,
2019 through December 31, 2021.
Skechers USA Canada Inc., 5055 Satellite Drive, Unit Number 6,
Mississauga, ON L4W 5K7 Canada, 877-644-4414. Petco Foundation, 654
Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During
the promotion, twenty-five cents CAD will be donated to the Petco
Foundation per item of specially marked BOBS from Skechers
footwear, apparel and accessories sold in Canada, to help save the
lives of dogs, cats and other pets in Canada’s shelters. The
promotion runs January 1, 2020 through December 31, 2021.
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 3,891 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 BOBS from Skechers
BOBS from Skechers’ charitable collection of shoes, apparel and
accessories have improved animals’ lives: over the past five years,
Skechers has contributed more than $6.2 million to help more than
1.2 million shelter pets, including saving more than 835,000
rescued pets in the United States and Canada. It all started in
2011, when Skechers launched a movement to support children
impacted by natural disasters and poverty – a cause that has helped
the Company donate more than 16 million new pairs of shoes to kids
in more than 60 countries worldwide. To learn more about BOBS from
Skechers’ commitment to making a difference, visit
BOBSfromSkechers.com and follow the brand on Facebook, Instagram
and Twitter.
About the Petco
Foundation
At the Petco Foundation, we believe that every animal deserves
to live its best life. Since 1999, we’ve invested more than $290
million in lifesaving animal welfare work to make that happen. With
our more than 4,000 animal welfare partners, we inspire and empower
communities to make a difference by investing in adoption and
medical care programs, spay and neuter services, pet cancer
research, service and therapy animals, and numerous other
lifesaving initiatives. We also partner with Petco stores and
animal welfare organizations across the country to increase pet
adoptions. So far, we’ve helped more than 6.5 million pets find
their new loving families, and we’re just getting started. Visit
petcofoundation.org to learn more about how you can get
involved.
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 September 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/20210217005027/en/
Caitlin Faford Rogers & Cowan/PMK
caitlin.faford@rogersandcowanpmk.com Jennifer Clay Skechers USA
jennc@skechers.com Razan Monzer Skechers Canada
razan.monzer@skechers.com Lisa Lane Petco Foundation
Lisa.lane@petcofoundation.org
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Apr 2023 to Apr 2024