Skechers Performance Named Sports Footwear Brand of the Year

Wed Mar 6, 2013 12:05pm EST

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MANHATTAN BEACH, Calif.--(Business Wire)--
SKECHERS USA, Inc. (NYSE:SKX) today announces that the Skechers Performance
Division was named the Sports Footwear Brand of the Year at The Footwear
Industry Awards in the United Kingdom. This achievement follows a year when
Skechers Performance received eight awards from major international running and
fitness publications recognizing its innovative footwear product. 

The prestigious annual event, held on February 17, 2013 during the Moda Footwear
Show, was organized by Datateam Business Media with support from industry
players including British Footwear Association (BFA), Independent Footwear
Retailers Association (IFRA), the Society of Shoe Fitters (SSF) and Footwear
Today. The group recognizes excellence at every level and SKECHERS won over a
strong competitive field that included Nike, Hi-Tec, Clarks and Vibram. SKECHERS
was also an overall nominee for Men`s Footwear Brand of the Year. 

"It`s always a great feeling to be recognized by our peers," began Michael
Greenberg, president of SKECHERS, "especially when the recognition comes for a
challenging field and our steps into the performance world began in 2011 with
the launch of the Skechers Performance Division. We`re extremely proud that our
pioneering performance technology is being embraced by critics in the media,
elite runners like Meb, and casual enthusiasts for the sport. We hope that as we
leverage our innovations into a wider collection of performance product, more
and more people around the globe will turn to SKECHERS for performance footwear
built for running, walking, golfing, hiking and more." 

Skechers GOrun is a lightweight running line featuring revolutionary technology
that promotes a midfoot strike and GOimpulse sensors for a responsive
experience. Elite marathon runner Meb provides the Skechers Performance Division
with ongoing expert insight by testing and consulting on the design of shoes
like the all-new Skechers GOrun 2, the pro-level Skechers GOrun speed racing
line, and other high-performance product currently in development. Plus, on the
more casual side, Skechers GOwalk is the foundation for a collection of
performance walking shoes and Skechers on-the-GO fuses performance technologies
with iconic design and style. 

In an effort to build the brand across the United Kingdom, Skechers Performance
is the Official Footwear Sponsor of both the London and Blenheim triathlons and
the Headline Sponsor of the Milton Keynes Marathon. In addition, Meb returns to
competition at the upcoming New York City Half Marathon followed by the Boston
Marathon in April, and the Skechers Performance Division continues to appear at
marathon expos from New York to Paris to Tokyo. 

Skechers Performance footwear for men and women is available in sporting goods,
department and specialty athletic stores around the world. Learn more at
skechersperformance.com and follow the Skechers Performance Division on Facebook
(facebook.com/SkechersPerformance) and Twitter (twitter.com/skechersGO). 

ABOUT SKECHERS USA, INC.

SKECHERS USA, Inc. (NYSE: SKX), based in Manhattan Beach, California, designs,
develops and markets a diverse range of footwear for men, women and children
under the SKECHERS name. SKECHERS footwear is available in the United States via
department and specialty stores, Company-owned SKECHERS retail stores and its
e-commerce website, and over 100 countries and territories through the Company`s
global network of distributors and subsidiaries in Brazil, Canada, Chile, Japan,
and across Europe, as well as through joint ventures in Asia. For more
information, please visit www.skechers.com, and follow us on Facebook
(www.facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA). 

This announcement may contain forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include, without limitation, any statement that
may predict, forecast, indicate or simply state future results, performance or
achievements, and 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 international, national and local general
economic, political and market conditions including the ongoing global economic
slowdown and market instability; entry into 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, 2012. 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.

SKECHERS USA, Inc.
Jennifer Clay, 310-937-1326 



Copyright Business Wire 2013

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