SKECHERS Named Mainstream Women’s Footwear Brand of the Year at The Drapers Footwear Awards
June 08 2015 - 4:00AM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX) today announced that it has been
named 2015 Mainstream Women’s Footwear Brand of the Year at The
Drapers Footwear Awards. This achievement follows a year when
SKECHERS won multiple top industry awards in the United Kingdom,
including Footwear Brand of the Year and Fashion Footwear Brand of
the Year at the Footwear Industry Awards in February 2015, as well
as Company of the Year awards from leading American trade
publications Footwear News and Footwear Plus.
“We are incredibly honored to have been recognized as a leading
footwear brand for trend-focused women across the U.K. and Ireland.
It’s our first Drapers Footwear Awards win, and an incredible one
to start with,” commented Peter Youell, Managing Director of
SKECHERS United Kingdom and Ireland. “It’s a privilege to receive
this recognition amongst such notable brands that were shortlisted
in our categories. This award is a testament to the strength and
growth of the SKECHERS brand in the U.K. and Ireland, and the
ongoing support from our retail partners to reaffirm and elevate
SKECHERS as a demanded and desired name in lifestyle and fashion
footwear.”
The Drapers Footwear Awards recognize and celebrate outstanding
performance, innovation and creativity among retailers, brands and
individuals in this fast-paced sector, and SKECHERS won over a
strong competitive field that included CAT, Keds, Havaianas and
Sperry.
“Receiving this award from Drapers is thrilling; it tops a
banner year for our brand,” added David Weinberg, Skechers COO and
CFO. “We ended 2014 with record annual revenues of $2.4 billion,
and started 2015 with first quarter sales of $798 million, the
highest quarterly sales in the Company’s 23-year history. A big
driver of this growth is international, and within international,
the U.K. is one of our leading markets with strong growth over the
past 18 months. This honor from the U.K.’s premier fashion voice
truly validates that we’re firing on all cylinders around the
globe.”
The prestigious annual awards event was held on Thursday, June 4
at The Pavilion in the Tower of London supported by the British
Footwear Association (BFA) and charity partner Footwear
Friends.
SKECHERS offers two distinct footwear categories: a lifestyle
division which offers comfort-focused trend-right product for men,
women and kids including Relaxed Fit®, Skechers Memory Foam
footwear and the philanthropic line BOBS from SKECHERS, and the
Skechers Performance Division which includes Skechers GOrun and
Skechers GOwalk footwear.
Celebrity product endorsees for SKECHERS' collections include
legendary drummer Ringo Starr, multi-platinum recording artist Demi
Lovato, as well as model and actress Kelly Brook. In addition,
elite marathon champion and Boston Marathon winner Meb Keflezighi
represents the Skechers Performance Division.
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 1,050 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 12 wholly-owned subsidiaries in Brazil,
Canada, Chile, Japan 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 opportunities,
its planned 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 quarterly report on Form
10-Q for the three months ended March 31, 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150608005342/en/
SKECHERS UK/IrelandNicola Zachariades,
01707655955nicolaz@eu.skechers.comorSKECHERS USAJennifer Clay,
310-937-1326
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Skechers USA (NYSE:SKX)
Historical Stock Chart
From Apr 2023 to Apr 2024