SKECHERS
USA, Inc. (NYSE:SKX) today announced that it was named Best
Lifestyle Brand of the Year at The Sports Trade Awards. This achievement
follows a year when SKECHERS won multiple industry awards in the United
States, including Running Design Excellence and Children’s Design
Excellence from Footwear Plus magazine, and Footwear News
Brand of the Year for the Skechers GO collection. SKECHERS was also
named Fashion Brand of the Year at the 2014 Footwear Industry Awards in
the UK.
Peter Youell, Managing Director of SKECHERS
UK and Ireland commented: “This most recent achievement reaffirms
SKECHERS’ heritage as a leading lifestyle footwear brand, and reflects
the strong foundation of our business. We are extremely proud to receive
this recognition from The Sports Trade Awards, especially amongst such
notable brands that were nominated in our categories. Continuing this
momentum through the second half of 2014, SKECHERS will continue to
develop exceptional lifestyle footwear across our women’s, men’s and
kids divisions, as well as award-winning performance footwear.”
Paul Ryder, event director and publisher of the SGB group of magazines,
said: “The 2014 Sports Trade Awards provided industry members with an
opportunity to commend those who have achieved and contributed the most
to the trade this year. We were amazed by the response we received – the
awards have become an established event on the sporting industry
calendar and we look forward to next year!”
Now in its second year, the prestigious awards event was held in June
during the STAG UK Buying Show and organized by Datateam Business Media.
These independent, credible and ethical awards offer a level playing
field for brands, retailers and individuals to shine and be commended
for their successes of the past year.
The Sports Trade Awards recognize excellence at every level, and
SKECHERS won over a strong competitive field that included Nike, Adidas,
Under Armour, Quicksilver and Fila. In addition, SKECHERS
was highly commended in the Best Sports Brand Category alongside Nike,
Adidas, New Balance and Asics.
About SKECHERS USA, Inc.
SKECHERS USA, Inc. (NYSE:SKX), 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 via
department and specialty stores, Company-owned SKECHERS retail stores
and its e-commerce website, and in over 100 countries and territories
through the Company’s international network of subsidiaries in Canada,
Brazil, Chile, Japan, and across Europe, as well as through joint
ventures in Asia and distributors around the world. For more
information, please visit skechers.co.uk,
and follow us on Facebook (facebook.com/SKECHERS)
(facebook.com/SkechersPerformanceUK)
and Twitter (https://twitter.com/SKECHERS_UK)
(https://twitter.com/SKXPerformance).
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, and its planned opening of new
stores, 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 resignation of the Company’s former
independent registered public accounting firm, and its withdrawal of its
audit reports with respect to certain of the Company’s historical
financial statements; international, national and local general
economic, political and market conditions including the ongoing global
economic slowdown and market instability; consumer preferences and rapid
changes in technology in 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 quarterly
report on Form 10-Q for the three months ended March 31, 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.
Copyright Business Wire 2014