Skechers Donates $3 Million to Save Dogs' and Cats' Lives
BOBS from Skechers Partners with Best Friends Animal Society to Save the Lives of Shelter Pets Across the Country
MANHATTAN BEACH, Calif. (November 4, 2015)-BOBS from Skechers, a division of leading lifestyle footwear company, Skechers USA, Inc. (NYSE:SKX), is thrilled to announce a multi-year partnership with Best Friends Animal Society, the only national animal welfare organization dedicated exclusively to ending the killing of dogs and cats in America's shelters. To support the non-profit, BOBS from Skechers has committed $3 million to further Best Friends Animal Society's lifesaving initiatives. The partnership with Best Friends Animal Society is part of BOBS from Skechers' ongoing charitable initiatives, which includes donating shoes to children in need around the globe.
For every purchase of BOBS, Skechers will make a donation to support Best Friends' programs that reduce the number of companion animals entering shelters and increase the number who get placed into loving homes. This is Best Friends' biggest cause marketing partnership to date.
"BOBS from Skechers has been rooted in giving back since the launch of the line and we wanted to expand the philanthropic reach by giving in new ways," said Robert Greenberg, Chairman and CEO, Skechers. "To date, the current charitable model has allowed all of our BOBS customers to give free shoes to children in need, with over 12 million pairs donated. We are now building upon the giving message by partnering with Best Friends to save pets. With around four million shelter pets being killed each year, we want to help Best Friends bring that number to zero and we are excited that our partnership will help play a part in reaching that goal."
Commencing in spring 2016, a multi-tiered marketing campaign will support the partnership and include co-branded shoe box packaging, national TV, print and digital marketing, PR, POP and other in-store collateral at domestic Skechers retail locations and participating retail partners. As part of the partnership, BOBS from Skechers will serve as the presenting sponsor for the animal welfare organization's major national events including Strut Your Mutt and Super Adoptions, and participate in additional year round initiatives. The partnership will also include a limited edition BOBS footwear collection that will launch in spring 2016.
"We are thrilled to partner with BOBS from Skechers on their charitable initiative," said Gregory Castle, co-founder and CEO, Best Friends Animal Society. "Not only will the shoes look great, but each box will carry a message of support for our mission to get pets out of shelters and into forever homes. With every step taken in BOBS, we help ‘Save Them All'."
To learn more about the partnerships follow BOBS from Skechers on Facebook (facebook.com/BOBSfromSkechers), Twitter (twitter.com/BOBS_Skechers), Instagram (Instagram.com/BOBS_Skechers) and Pinterest (pinterest.com/BOBSSkechers), or visit www.BOBSfromSkechers.com.
About Best Friends Animal Society
Best Friends Animal Society is the only national animal welfare organization dedicated exclusively to ending the killing of dogs and cats in America's shelters. A leader in the no-kill movement, Best Friends runs the nation's largest no-kill sanctuary for companion animals, adoption centers and spay and neuter facilities in Los Angeles and Salt Lake City as well as lifesaving programs in partnership with more than 1,300 rescue groups and shelters across the country. Since its founding in 1984, Best Friends has helped reduce the number of animals killed in American shelters from 17 million per year to an estimated 4 million. By continuing to build effective initiatives that reduce the number of animals entering shelters and increase the number who find homes, Best Friends and its nationwide network of members and partners are working to Save Them All®.
To become a fan of Best Friends Animal Society on Facebook go to: //www.facebook.com/bestfriendsanimalsociety.
Follow Best Friends on Twitter: //twitter.com/bestfriends.
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.