SKECHERS Pier to Pier Friendship Walk Breaks Records in Its Third Year | Business Wire

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–The SKECHERS Foundation today announced that more than $520,000 was

raised for children with special needs and education through yesterday’s

SKECHERS Pier to Pier Friendship Walk. The 20ll donations were

significantly higher than last year’s Pier to Pier Walk’s total of

$380,000 thanks to the record number of walkers, more than 7,000 people,

and the many donations by local and national businesses, including

presenting sponsor Kids Foot Locker.

“Three years ago we'd 2,200 people come out. Last year we'd

3,800 walkers. I got an email at 1 a.m. this morning from a team leader

saying that we were at 7,200 walkers. This is our biggest turnout yet,”

Michael Greenberg, president of SKECHERS, told the crowd at the SKECHERS

Pier to Pier Walk on Sunday. “But I want each one of you to tell a

friend about this so next year, we can raise more money for children

with special needs and our kids’ education.”

Greenberg later added: “I believe that it's our obligation as parents

and business leaders to provide assistance to wonderful organizations

like The Friendship Circle, which touches the hearts of so many. To

help schools during these tough times.”

Sunday’s event, which was a 3.4 mile walk from Manhattan Beach to

Hermosa Beach and back, was hosted by fitness expert and SKECHERS

ambassador Denise Austin, who rallied the crowd before the walk. Dancing

with the Stars host and SKECHERS spokesperson Brooke Burke Charvet

and legendary Hall of Fame baseball manager Tommy Lasorda also spoke to

the crowd about the importance of education and fitness.

“I've four kids and as a mom, education is a high priority on my

list,” Brooke Burke Charvet told the crowd. When I think about what’s

happening (within the education system) and how all of you're giving

back, through your efforts and your contributions and donations. To

come out here today. Walk and gather and spend time with the family

and friends, it’s really incredible. You should all be proud of

yourselves today for making such a difference.”

“This is a great country we live in,” Tommy Lasorda said from the Pier

to Pier Walk stage. “We’re always able to help somebody in need and what

you’re doing here today is helping. You ought to be congratulated for

what you’ve done here, you should be proud, you should walk prouder this

year then you did last year. Just remember one thing, to paraphrase the

words of the great general Douglas MacArthur: ‘We shall return.’ I hope

we get more people involved next year.”

In addition to presenter Kids Foot Locker, sponsors of the 2011 SKECHERS

Pier to Pier Friendship Walk include Wells Fargo, Body Glove, Merrill

Lynch, Chevron, Ross Stores, Marriott, Premier Displays &. Exhibits,

Marshalls, United Legwear, Waste Management, Equinox, Shape Magazine,

Star Magazine, Union Bank, AT&T, Team One and Nestle, among others.

The Friendship Circle, 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).

For more information about the SKECHERS Pier to Pier Friendship Walk,

please visit www.skechersfriendshipwalk.com.

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

producing 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 SKECHERS USA, Inc.

SKECHERS USA, Inc., based in Manhattan Beach, California, designs,

develops and markets a diverse range of footwear for men, women and

children under the SKECHERS name, as well as under several uniquely

branded names. SKECHERS footwear is available in the United States via

department and specialty stores, Company-owned SKECHERS retail stores

and its e-commerce website. Over 100 countries and territories

through the Company’s global network of distributors and subsidiaries in

Canada, Brazil, Chile. 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. 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. Other factors

referenced or incorporated by reference in SKECHERS’ Form 10-K for the

year ended December 31, 2010 and its Form 10-Q for the quarter ended

June 30, 2011. The risks included here aren't exhaustive. SKECHERS

operates in a very competitive and rapidly changing environment. New

risks emerge from time to time and the companies can't predict all such

risk factors. Can the Company assess the impact of all such risk

factors on its respective business or the extent to which any factor.

combination of factors, may cause actual results to differ materially

from those contained in any forward-looking statements. Given these

risks and uncertainties, you shouldn't place undue reliance on

forward-looking statements as a prediction of actual results. Moreover,

reported results shouldn't be considered an indication of future

performance.

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