Skechers announced that The Comfort Technology Company® has
received Footwear News Achievement Awards’ Icon for Social Impact
Award, in honor of its three decades of global humanitarian work
for children, families and animals in need. The FNAA highlighted
the Company’s multifaceted range of causes, which includes raising
$28 million through the Skechers Pier to Pier Friendship Walk,
California’s largest annual walk for neurodiverse children and
education; launching the BOBS® from Skechers® philanthropic brand
that has given new shoes to 16 million children in need globally
and helped 2.2 million shelter animals; and donating millions to
support disaster-impacted communities around the world.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241204007594/en/
Skechers ambassadors Martha Stewart and
Brooke Burke joined Skechers COO David Weinberg at the Footwear
News Achievement Awards (FNAAs) 2024. Skechers was honored with
FNAA's Icon for Social Impact Award for its decades of global
humanitarian support for children, families and animals in need.
Martha Stewart also received the FNAA's Icon Award at the event.
Photo Credit: Getty Images for Footwear News @footwearnews |
#FNAA
“The FNAA’s Social Impact award was born out of the idea that a
great brand cannot be judged solely by the success of its business,
but the impact it also leaves on future generations,” said Michael
Atmore, Editorial Director of Footwear News and Chief Brand Officer
for Fairchild Fashion Media. “Skechers has been so respected in the
footwear industry for its business prowess but we we’re heartened
to see how the Company has turned that strength into a meaningful
series of initiatives that drives real change and delivers
meaningful help to others in need.”
“Though we have given back since our early days, we came
together as a company to aid Hurricane Katrina families in 2005,
and help children with special needs in our community,” said
Michael Greenberg, president of Skechers and co-founder of the
Skechers Pier to Pier Friendship Walk. “Establishing the Skechers
Friendship Walk and the Skechers Foundation set us on a road of
making a long-lasting impact—from our upcoming Friendship Campus
for young adults with special needs, to providing ongoing support
in places like Lahaina where we returned with more funds and work
for the people of Maui. We encourage every company to not just give
because it feels good, but to give until it hurts—because it truly
benefits everyone: your brand, your employees, and our greater
community.”
Skechers’ many philanthropic initiatives include:
- Establishment of the Skechers Foundation in 2010, which
regularly supports non-profit organizations nationwide and has
contributed millions of dollars in monetary donations and supplies
to families affected by disasters including Hurricanes Katrina and
Maria, Oklahoma’s Moore tornado, Haiti earthquakes, the Ukraine
crisis and fires in California, Maui and Chile;
- founding the Skechers Pier to Pier Friendship Walk in 2009,
which in 16 years has raised $28 million to change the lives of
children with special needs, students and educators at public
schools and funds the national Skechers National Scholarship
Program, awarding more than $1.1 million to talented students for
college;
- contributing to the future Friendship Campus in Redondo Beach—a
world-class 3.25-acre center with a planned opening in early 2026
that will be the first of its kind to provide vocational training
and job placement for young adults with special needs, giving them
the tools to find lifelong passion and purpose;
- launching the BOBS from Skechers philanthropic footwear
collection whose sales have helped the Company donate 16 million
pairs of new shoes to children in need and more than $12 million to
animal welfare organizations, funds that have helped save and
support 2.2 million animals;
- offering the Our Planet Matters collection and donating
$800,000 to the Nature Conservancy to support the organization’s
global conservation efforts; and
- supporting numerous causes in Los Angeles, including raising
over $4 million through the Harrison Greenberg Foundation to
rebuild Manhattan Beach’s Roundhouse Aquarium and Teaching
Center.
“We’ve seen firsthand how giving back can grow into a global
movement,” added Skechers Chief Operating Officer David Weinberg,
who received the award on behalf of the Company. “More Skechers
employees than ever volunteer for our annual walk in Southern
California, and it’s even inspired our teams in other areas of the
world to start their own charity walks – including in China,
Singapore, South Korea, Malaysia, and India. Philanthropy isn’t
just our corporate responsibility; it’s a real honor to support
important causes that are uniting our work culture with so many
communities.”
Held last night at Cipriani South Street in New York, the FNAAs
celebrated the footwear industry’s hit makers, style stars, best
brand stories, ardent philanthropists, emerging talents and
industry veterans. Presenting the honor to Skechers at the event
was the Company’s long-standing ambassador Brooke Burke. Skechers
ambassador and collaborator Martha Stewart also received the 2024
FNAA Icon Award at the event. Skechers previously won Footwear
News’ Company of the Year awards in 1998, 2014 and 2022, as well as
its Lifetime Achievement Award for the Company’s CEO Robert
Greenberg in 2015 and Person of the Year awards for Michael
Greenberg in 2000 and 2023.
About Skechers
Foundation
Established in 2010 to help children in need, the Skechers
Foundation is dedicated to strengthening communities to ensure the
health, success and well-being of youth worldwide. We invest in a
global network of charitable organizations dedicated to embracing
individuals with diverse abilities, improving education, empowering
disadvantaged families and providing humanitarian, disaster and
economic relief. By supporting millions through our products and
services, we aspire to make a valiant effort in creating stronger,
self-sufficient individuals for future generations.
About Skechers U.S.A.,
Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in
Southern California, 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
180 countries and territories through department and specialty
stores, and direct to consumers through skechers.com and
approximately 5,300 Skechers retail stores. A Fortune 500® company,
Skechers manages its international business through a network of
wholly-owned subsidiaries, joint venture partners, and
distributors. For more information, please visit about.skechers.com
and follow us on Facebook, Instagram and TikTok.
About BOBS® from
Skechers®
BOBS from Skechers’ charitable collection of shoes, apparel and
accessories have improved animals’ lives: over the past nine years,
Skechers has contributed more than $12 million to help over 2.2
million shelter pets, including saving more than 1.7 million
rescued animals in the United States, Canada, United Kingdom and
Japan. 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 and
Instagram.
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, 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,” “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; delays or disruptions in
our supply chain; international economic, political and market
conditions including the effects of inflation and foreign currency
exchange rate fluctuations around the world, the challenging
consumer retail markets in the United States, and the impact of
wars, acts of war and other conflicts around the world; 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, 2023 and its quarterly reports on Form 10-Q in 2024. 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/20241204007594/en/
Media Contact: Jennifer Clay SKECHERS U.S.A., Inc.
jennc@skechers.com (310) 937-1326
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Nov 2024 to Dec 2024
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Dec 2023 to Dec 2024