SKECHERS Pier to Pier Friendship Walk Raises More Than $1.8 Million for Kids

Sugar Ray Leonard, Brooke Burke-Charvet and Denise Austin Joined
Lead Sponsors Nickelodeon and NBC4 Southern California to Support
Children with Special Needs and Education

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–The SKECHERS Foundation today announced that its 9th annual 2017 SKECHERS
Pier to Pier Friendship Walk raised more than $1.8 million for
children with special needs and education, exceeding its $1.6 million
goal. Supported by lead presenter Nickelodeon and media sponsor NBC4
Southern California, the Walk also reached a new attendance high with
more than 13,000 walkers and participants.

Entertainment, sport and fitness celebrities at the SKECHERS Pier to
Pier Friendship Walk included actress, model and longtime SKECHERS
supporter Brooke Burke-Charvet, legendary boxer Sugar Ray Leonard and
fitness icon Denise Austin. The event also featured numerous teen
celebrities, including appearances by This Is Us stars Logan
Shroyer, Niles Fitch, Parker Bates and Mackenzie Hancsicsak, and special
performances by recording artist Asia Monet; NBC’s Little Big Shots’
Kieran Tamondong; America’s Got Talent duo Artyon and Paige;
Nickelodeon star Ciara Wilson; dance sensation Larsen Thompson; and
actress/singer Jada Facer, who performed the National Anthem.

“I’ve been part of the SKECHERS Pier to Pier Friendship Walk for seven
years now, because I love how SKECHERS has its heart in the right place
– caring for what’s most important, our kids,” said Brooke
Burke-Charvet. Our children deserve everything that we can give. And
this walk has made such incredible strides – not just in bringing all of
our children together, but our entire community.”

“This SKECHERS event is just fantastic,” added Hall of Fame coach Tommy
Lasorda, who has been a Walk board member since its inception. “We had
big dreams for it right from the beginning, and it’s great to see how
it’s grown into the largest of its kind in California.”

“The SKECHERS Pier to Pier Friendship Walk didn’t just have another
record-breaking day; it’s grown into a year-round community-wide
movement for our kids,” said Michael Greenberg, president of SKECHERS.
“People have such an incredible devotion to our children, and that love
really came through at our walk.

“We already have people excited and inspired by our event, asking how
they can take part next year, and donations coming in to support our
2018 walk. And with next year being our walk’s 10-year milestone, we
know that it will be our best ever. We look forward to launching our
year-long celebration campaign and continuing this incredible momentum
we have for our special anniversary walk next October.”

The SKECHERS Pier to Pier Friendship Walk has raised more than $8
million since its 2009 launch. Funds support The Friendship Foundation,
an organization that assists children with special needs and their
families through one-on-one peer mentoring, social recreational
programming, field trips and sporting events, as well as education
foundations committed to retaining vital academic programs, maintaining
smaller class sizes, improving libraries, and upgrading school
technology. The SKECHERS Foundation is also entering the fourth year of
its scholarship program, and plans to donate $100,000 to deserving
students across the country in 2018.

In addition to its headlining sponsor Nickelodeon and media sponsor NBC4
Southern California, the SKECHERS Pier to Pier Friendship Walk thanks
sponsors Mattel, Moose Toys, The Claudette & Ethan Rickett Care
Foundation, Wells Fargo, Ross, Steel Partners, Premier Displays &
Exhibits, United Legwear & Underwear Co., Velocity Sports Performance,
Vertra, and many others who have provided funds and support to provide a
better future for children. To learn more about the SKECHERS Pier to
Pier Friendship Walk, please visit skechersfriendshipwalk.com
or facebook.com/SKECHERSFriendshipWalk.

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
organizing 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 The Friendship Foundation

The Friendship Foundation is 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).

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 2,438 SKECHERS Company-owned and third-party-owned retail
stores, and the Company’s e-commerce websites. The Company manages its
international business through a network of global distributors, joint
venture partners in Asia and the Middle East, and wholly-owned
subsidiaries in Canada, Japan, throughout Europe and Latin America. 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, Skechers’ 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, opening of
new stores and additional expenditures, 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; 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, especially in the highly competitive
performance footwear market; 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 Skechers’ annual report on
Form 10-K for the year ended December 31, 2016 and its quarterly report
on Form 10-Q for the three months ended September 30, 2017. 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 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.

Contacts

SKECHERS USA, Inc.
Jennifer Clay, 310.937.1326