HOUSTON--(BUSINESS WIRE)--Jun. 19, 2013--
SKECHERS USA, Inc. (NYSE:SKX) today announced a multi-year partnership
with the Houston Marathon Committee, Inc. under which the Skechers
Performance Division will become the official footwear and apparel
sponsor for the Chevron Houston Marathon.
Meb celebrates his win at the finish line of the 2012 U.S. Olympic Marathon Trials in Houston. (Photo: Business Wire)
As part of the agreement, the Skechers Performance Division will have a
high-visibility presence at all race events including the annual Houston
Marathon EXPO. The Company will also exclusively design, distribute and
sell products featuring the Chevron Houston Marathon logo. This includes
outfitting course volunteers with branded merchandise and providing the
finishers’ shirts for runners.
“This partnership further solidifies our position as a major player in
the performance footwear business,” began Michael Greenberg, president
of SKECHERS. “Since launching the Skechers Performance Division in 2011,
our award-winning innovative footwear has been embraced by the media,
elite runners like Meb, and casual fans of the sport. The exposure
created via this sponsorship is a huge opportunity to engage with
runners as we continue to develop the next generation performance
products on our Skechers GO platform.”
As one of the most decorated distance runners in U.S. history, Meb’s
career highlights include 2004 Olympic medalist, 2012 U.S. Olympic
Trials champion and fastest American marathon runner at the London
Olympics. He helped open lottery registration for the 2014 Chevron
Houston Marathon during a National Running Day Event held on June 5.
Meb, who competes wearing his signature Skechers GOrun speed footwear,
led a 3-mile fun run at the event.
“Houston is where I earned a PR and the chance to represent the United
States in London,” began Meb, who provides expert insight by testing and
consulting on the design of Skechers Performance running shoes. “I ran
that race wearing Skechers Performance shoes so it’s perfect that this
great footwear company is now partnered with a key city in my career.”
“We’re extremely thrilled to welcome the Skechers Performance Division
to our team,” added Steven Karpas, managing director for the Houston
Marathon Committee. “Skechers shares our vision and is totally committed
to ensuring that Chevron Houston Race Weekend is a can’t miss event on
the running circuit for years to come.”
The first Skechers Performance appearance as sponsor will be at the
Chevron Houston Marathon’s annual “Run for a Reason” Kickoff Party on
Saturday, June 29. The brand will operate a booth at the annual event
for visitors to experience its running footwear.
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 the Houston Marathon Committee, Inc.
Established in 1972, the Houston Marathon Committee, Inc. (HMC), a
Running USA Founding Member, annually organizes the nation's premier
winter marathon, half-marathon, and 5K. Over 250,000 participants,
volunteers and spectators make Chevron Houston Marathon Race Day the
largest single day sporting event in Houston. Race Weekend generates
over $50 million in economic impact for the region annually. In 2013,
the Run For a Reason Charity Program raised $2.2 million and the HMC
garnered Gold Certification from the Council of Responsible Sport for
industry-leading sustainability initiatives. Host to 12 U.S. Half
Marathon Championships since 2005 and the 1992 women's Olympic Trials
Marathon, HMC conducted the nationally-televised 2012 U.S. Olympic
Trials Marathon, which featured men and women competing on the same
course simultaneously for the first time, vying for the chance to
represent Team USA at the 2012 Olympic Games.
For more information, visit www.chevronhoustonmarathon.com
or call 713.957.3453.
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 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;
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 and its quarterly report on Form
10-Q for the three months ended March 31, 2013. 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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130619005187/en/
Source: SKECHERS USA, Inc.
SKECHERS USA, Inc.
Jennifer Clay, 310-937-1326