The Skechers x Hoop ‘Til It Hurts! Charity line helps kids in underserved communities across the US participate in basketball

LOS ANGELES, December 09, 2021– (BUSINESS WIRE) – Skechers, The Comfort Technology Company â„¢, Partners With Chicago-Based Hoop ‘Til It Hurts Foundation To Celebrate Kids On And Off The Court With New Line Of Basketball Shoes -ball and slides after the game. Through the Skechers x Hoop ‘Til It Hurts! collection, the Society supports the Foundation’s mission to help children in underserved communities across the country achieve lifelong success through basketball.

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The new Skechers x Hoop ‘Til It Hurts! The children’s collection supports the Hoop ‘Til It Hurts Foundation’s mission to help children in underserved communities across the United States achieve success through basketball. (Photo: Business Wire)

“It means so much to me to have the opportunity to partner with one of the world’s most trusted and successful footwear companies,” said Hoop ‘Til It Hurts! Founder Michael “Skeet” Horton, who drew inspiration from his own life for the organization and helped create the iconic graffiti designs for the new footwear collection. “The partnership with Skechers will provide visibility to the Hoop ‘Til It Hurts Foundation, as well as additional funding to support our mission of keeping children of all ages engaged in youth sports. The longer children are involved in sport, the more likely they are to develop focused life skills and make connections that lead to a better future. “

“As a family brand, children are at the heart of our business and the mission of the Hoop ‘Til It Hurts Foundation resonated with us,” added Michael Greenberg, President of Skechers. “By combining our philanthropic commitment and our resources with their artistic designs, we have created a one-of-a-kind shoe line that honors the Foundation’s mission. “

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Available on skechers.com in the United States and Canada as well as at Skechers retail stores and select retail partners in the United States, the Skechers x Hoop ‘Til It Hurts! features athletic styles for practice and game day, as well as slip-on off-court slides between games. Children can prepare for the big game in the Powershot – Skech-Hops, featuring a mid-high leather lace-up front with an adjustable strap in black and red or white and blue graffiti designs. Players can gain comfort and style in the Durox – Skech-Speed, which features a lace-up leather and mesh upper and eye-catching tech design in blue and black styles. Ball players can do their best off the field with the Gambix X – Skech-Revs zippered sandal, embellished with graffiti and adjustable strap in red and blue styles.

About SKECHERS USA, Inc.

Skechers (NYSE: SKX), The Comfort Technology Company â„¢ based in Southern California, designs, develops and markets a diverse line of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and in more than 170 countries and territories through department and specialty stores, and direct to consumers through 4,170 company-owned retail stores and e-commerce websites and at some thirds. The Company manages its international operations through a network of global distributors, joint venture partners in Asia, Israel and Mexico and wholly owned subsidiaries in Canada, Japan, India, Europe and America. Latin. For more information, visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.

About the Hoop ‘Til It Hurts Foundation

The Hoop ‘Til It Hurts Foundation was founded on the belief that every child deserves the opportunity to benefit from competitive basketball. Our mission is to celebrate and invest in the children of our hometown of Chicago and across the United States by providing athletic wear and grants to pay for costs associated with tournaments, registration, fees. league and travel expenses. For more information, please visit www.hooptilithurtsfoundation.org and follow us on Facebook, Instagram and Twitter.

This announcement contains forward-looking statements which are made in accordance with the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. . These forward-looking statements may include, without limitation, the future domestic and international growth of Skechers, its financial results and operations, including expected sales and net profits, its development of new products, future demand for its products, its planned national and international expansion, new store openings and additional spending, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking terms such as “believe”, “anticipate”, “expect”, “estimate”, “intend”, “plan”, “project”, “will be”. “,” Will continue “,” will result “,” could “,” could “,” could “or any variation of these words having similar meanings. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those projected in forward-looking statements. Factors that could cause or contribute to such differences include business and operations disruption due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions, including difficult retail markets in the United States; maintain, manage and forecast costs and appropriate inventory levels; losing important customers; decreased demand from industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and / or product categories; maintain branding and intense competition among sellers of consumer footwear, especially in the highly competitive market for performance footwear; anticipate, identify, interpret or forecast 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 sales periods; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2020 and its quarterly report on Form 10-Q for the three months ended September 30, 2021 Specifically, the COVID -19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, cash flow and results of operations. Forward-looking statements regarding the COVID-19 pandemic include, without limitation, Skechers plans in response to this pandemic. At present, there is significant uncertainty regarding the COVID-19 pandemic, including, but not limited to, (i) the duration and extent of the impact of the pandemic, (ii) the responses government officials to the pandemic, including how those responses may impact Skechers. business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers actions taken in response to these risks, and (iv) Skechers’ ability to effectively and timely adjust its plans in response to the rapidly changing business and economic environment. Given these and other risk factors associated with the COVID-19 pandemic, the dynamic nature of these circumstances means that what is stated in this press release could change at any time and, therefore, the actual results. could differ materially from those envisaged. by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all of these risk factors, nor assess the impact of all of these risk factors on our business or the extent to which any factor, or a combination of factors, may cause a substantial difference from the actual results. those contained in forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. In addition, the reported results should not be taken as an indication of future performance.

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Contacts

Caitlin faford
Rogers & Cowan / PMK
[email protected]

Jennifer clay
Skechers United States
[email protected]