Kuchar Finishes Strong, Proudly Representing the U.S. in Rio
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–Skechers Performance™–a division of SKECHERS USA Inc. (NYSE:SKX),
welcomes home Skechers GO GOLF® ambassador Matt Kuchar, who represented
the United States and finished with a bronze medal in the Men’s
Individual Golf on Sunday, August 14, 2016. After a 112-year absence
from the games, 60 athletes from around the world, including four
Americans, set their sights on the historic moment to compete at the
Campo Olimpico de Golfe. Kuchar was the only American to return home
with a medal.
“To hear my name announced as an Olympian was a surreal moment, and I’ll
admit, there were a few more butterflies,” said the 38-year old Kuchar.
“We play the sport every day, but this absolutely felt different. To be
able to represent my country and to bring home a medal for the United
States is the proudest moment of my career.”
Kuchar’s final day on the Rio course was one to remember, as he played
the round of his life. An eagle and six birdies helped propel him to a
tournament-tying record 63, one stroke out of the silver medal position
and three back from gold.
“Matt encompasses what it means to be a true champion and we are
thrilled to have him represent not only Skechers Performance, but the
United States,” said Michael Greenberg, president of SKECHERS. “It was
an inspiring moment watching him make the podium in Rio and we are so
incredibly proud of his accomplishment.”
Known as one of the most consistent players on the PGA Tour® over the
past 12 years, the Georgia resident was tapped by Skechers Performance
as a brand ambassador and to help design Skechers GO GOLF footwear,
including the shoes he wore on the course in Rio. Kuchar is joined by
additional world-class golf champions who make up the Skechers GO GOLF
elite team: Ashlan Ramsey, Billy Andrade, Colin Montgomerie, Belen Mozo
and newcomer Russell Knox.
Skechers GO GOLF has achieved prominence in the golf industry since
launching nearly four years ago, and the footwear is known for its
lightweight designs, high quality comfort, and superb stability. To
learn more about Skechers Performance visit GOSkechers.com
or follow on Facebook (facebook.com/SkechersPerformance),
and Instagram (instagram.com/skechersperformance).
Skechers GO GOLF footwear is available at Skechers retail stores, select
retail partners including golf pro shops and online at Skechers.com.
*SKECHERS USA, Inc. and Skechers Performance are not sponsors of the
2016 Olympics or any Olympic events.
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 160
countries and territories worldwide via department and specialty stores,
more than 1,410 SKECHERS Company-owned and third-party 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 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 domestic and international
growth, financial results and operations including expected net sales
and earnings, its development of new products, future demand for its
products, its planned domestic and international expansion and opening
of new stores, the completion of the expansion and upgrade of the
Company’s European Distribution Center, and advertising and marketing
initiatives. 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, 2015 and its quarterly
report on Form 10-Q for the three months ended June 30, 2016. 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.
SKECHERS USA, Inc.
310.318.3100 x 4839