The Annual Walk Has Raised More Than $15
Million in 12 Years for Children with Special Needs and
Students
The Skechers Pier to Pier Friendship Walk continued the Skechers
Foundation’s decade-plus annual tradition of gathering to support
children with special needs and education, through a virtual event
viewed by many across the country. The October 25 event raised over
$1.8 million in funds, tipping the total since the first Walk in
2009 to an impressive $15 million. Celebrity youth and students
across Southern California’s beach cities joined together to host
the event, taking viewers through their personal journey during
these unprecedented times. A star-studded lineup rallied behind the
kids and the cause, including performances with America’s Got
Talent winner Kodi Lee and appearances with celebrities and sport
legends such as Tony Romo, Brooke Burke, Sugar Ray Leonard, Matt
Kuchar, Brooke Henderson, Howie Long, Denise Austin, and many
more.
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An all-star cast of celebrities gathered
to celebrate the 12th Skechers Pier to Pier Friendship Walk. The
annual event has raised more than $15 million to date for children
with special needs and education. (Photo: Business Wire)
“It feels so awesome to be back…Heck, yeah!” exclaimed Kodi Lee,
headlining performer at the Skechers Pier to Pier Friendship
Virtual Walk. Added Kodi’s mother, Tina Lee: “Though we’re
celebrating from home, this year’s Walk felt even more special than
the last. A pandemic could not keep our community from joining
together to raise funds for thousands of children and celebrating
with Kodi. Everyone’s support for kids with special needs has
touched our hearts, and Kodi loves how his performances bring joy
to so many, especially in these uncertain times. It’s an event
we’ll never forget.”
“Though 2020 has presented its fair share of obstacles,
canceling our Walk was not an option,” said Michael Greenberg,
co-founder of the Skechers Pier to Pier Friendship Walk. “This
year, our typical 3.5-mile event was shared with communities across
the South Bay and beyond – and our celebration will continue to
live online year-round for the world to watch and give. Thanks to
our all-star roster of celebrities and athletes, the continued
support of many of our regular sponsors, and the generosity of
thousands of families, we’re able to make a difference when it’s
needed most.”
“When COVID struck, we realized that offerings in the Friendship
Foundation were going to drastically change, and our kids with
special needs were going to be the most impacted by reduced or
limited services,” said Yossi Mintz, executive director of The
Friendship Foundation. “Many of these kids did not understand what
was happening, or why their daily routines were halted overnight.
Thanks to the support of the Skechers Foundation and funds raised
by the Skechers Pier to Pier Friendship Walk, we were able to
quickly adapt and create a roster of virtual programs for
Friendship Foundation families to utilize and remain connected from
home. These ambitious changes have helped many get through these
unusual times.”
Historically California’s largest event for children with
special needs and education, the Skechers Pier to Pier Friendship
Walk has raised more than $15 million to date for public schools,
scholarships and the Friendship Foundation. More than 17,000
registrants participate in the event annually, many of whom have
celebrated virtually from home and walked through their
neighborhoods in tribute.
The Skechers Pier to Pier Friendship Walk thanks its headlining
media sponsor NBC4, as well as more than 100 other companies who
have supported our children including Gelson’s, 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, Ross
Dress for Less, Off Broadway Shoe Warehouse, Suntech, Caskey &
Caskey and Associates, Bank of America, Morgan Stanley and Stroyke
Properties.
To watch the stream of this year’s Skechers Pier to Pier
Friendship Walk virtual presentation and learn more about the
event, please visit skechersfriendshipwalk.com or YouTube, and
follow the Walk on Facebook, Instagram, and Twitter.
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.
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Jennifer Clay SKECHERS USA jennc@skechers.com (310) 937-1326
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