SKECHERS Pier to Pier Friendship Walk Raises over $1.4 Million for Kids

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Sugar Ray Leonard, Brooke Burke-Charvet, Tommy Lasorda and Denise
Austin joined presenting sponsor Nickelodeon to support the
record-breaking event

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–The SKECHERS Foundation today announced that it has reached a new
donation record for the 2015 SKECHERS
Pier to Pier Friendship Walk
– surpassing this year’s $1.2 million
goal to raise more than $1.4 million for children with special needs and
education. Co-sponsored by Nickelodeon and elevated by the support of
generous sponsor events like Steel Partners’ #P2PSteelSports Selfie
Challenge donation pledge, the Walk drew more than 12,000 participants,
and continues to reach new attendance and donation highs annually since
its 2009 launch.


“The wave of support that climbs year after year in honor of our kids is
incredible,” said Michael Greenberg, president of SKECHERS. “When we
started the SKECHERS Pier to Pier Friendship Walk seven years ago, 1,800
of us hit the beach to raise $220,000 – and since then, our walkers have
grown six-fold – with more than $5.5 million donated over the years, all
dedicated to enrich and inspire our children.”

Many celebrities turned out to support the SKECHERS Pier to Pier
Friendship Walk, including boxing legend Sugar Ray Leonard in his first
appearance at the event, as well as TV personality Brooke Burke-Charvet,
fitness expert Denise Austin, and Hall of Fame baseball manager Tommy
Lasorda, who have all made multiple appearances throughout its history.

Sharing his thoughts on the SKECHERS Pier to Pier Friendship Walk, Sugar
Ray Leonard said, “When you say kids to me, I’m there. This is my first,
but believe me – this will not be my last.” Added Brooke Burke-Charvet:
“The SKECHERS family has had a vision, and it keeps growing. It is so
amazing to see everyone come out. Together, we make a difference and we
increase the power of community.”

“I have a deep appreciation for our volunteers, our celebs, our
community, and our incredible sponsors like Nickelodeon, Steel Sports
and so many amazing corporations with a conscience who come together
year after year to make the world a better place for our children,”
added Greenberg. “This event means that kids with special needs and
students from kindergarten to high school are getting the care, support
and nurturing they need to grow into inspired, enlightened, confident
adults – and over seven years, we’re already seeing its long-term
effects: from the lessons our kids have learned in classes that would
have been shelved, to friendships that will last a lifetime. This Walk
and everything that it gives is a wonderful legacy – one we will share
for years to come.”

Now one of the largest events in Southern California supporting children
with special needs and education, the SKECHERS Pier to Pier Friendship
Walk supports The
Friendship Circle
, an organization that assists children with
special needs and their families through one-on-one peer mentoring and
social recreational programming – as well as funding education
foundations to retain vital academic programs, maintain smaller class
sizes, improve libraries, and upgrade school technology.

The SKECHERS Pier to Pier Friendship Walk thanks presenting sponsor
Nickelodeon and many generous sponsors including Wells Fargo, Steel
Sports, South Bay Vein and Laser Group, The Claudette and Ethan Rickett
Care Foundation, Ross, Zappos.com, Tour de Pier, DIRECTV, United Legwear
& Underwear Co., Body Glove, Kids Foot Locker, United Legwear, JAKKS
Pacific, Marshalls, Cushman & Wakefield, Caskey & Caskey, Siltanen &
Partners Advertising, Continental Development, Northrop Grumman,
Equinox, Chevron, and many others who have provided funds and support to
provide a better future for children. To learn more about the SKECHERS
Pier to Pier Friendship Walk, please visit skechersfriendshipwalk.com
or facebook.com/SKECHERSFriendshipWalk.

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 The Friendship Circle
The
Friendship Circle is a non-profit organization that assists children
with special needs and their families through one-on-one peer mentoring
and social recreational programming (www.gotfriends.com).

About SKECHERS USA, Inc.
SKECHERS
USA, Inc., 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 and over 120 countries and
territories worldwide via department and specialty stores, more than
1,210 SKECHERS retail stores, and the Company’s e-commerce website. The
Company manages its international business through a network of global
distributors, joint venture partners in Asia, and 13 wholly-owned
subsidiaries in Brazil, Canada, Chile, Japan, Latin America and
throughout Europe. For more information, please visit skechers.com
and follow us on Facebook (facebook.com/SKECHERS)
and Twitter (twitter.com/SKECHERSUSA).

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 across the Company’s three main business channels
and globally, its planned expansion and opening of new stores,
advertising and marketing initiatives, and the expansion plans for the
Company’s European Distribution Center. 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
international economic, political and market conditions including the
uncertainty of sustained recovery in Europe; 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, 2014 and its quarterly report on Form 10-Q for the three
months ended June 30, 2015. 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.

Contacts

SKECHERS USA, Inc.
Stacey Held, 310-318-3100