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SKECHERS To Give Away BOBS Shoes At Grand Opening Event

Stocks in this article: SKX

SKECHERS USA, Inc. (NYSE: SKX), a global leader in lifestyle product and innovator of performance footwear, today announced that the Company is celebrating the opening of its eighth Houston store. Located in Northwest Houston, the new SKECHERS factory outlet store will be celebrating the opening on September 1 with BOBS from SKECHERS: the Company will give away BOBS shoes to the first 100 barefoot customers. In keeping with the charitable line, SKECHERS will also give 100 pairs of new shoes to children in need in the United States and countries worldwide in honor of the event.

The BOBS giveaway, which will begin at 9am on Saturday, September 1, will kick off three days of grand opening festivities, including $10 discount cards for the first 50 shoppers on Sunday and Monday, a visit from SKECHERS Kids character Z-Strap, entertainment and more. SKECHERS is also celebrating the store opening at all of its Houston locations with a new Half Off 2nd Pair Back-to-School Sale and a chance to win a $250 SKECHERS shopping spree – including men’s women’s or kids shoes – valid at any SKECHERS store in the Houston area.

The new SKECHERS factory outlet store will offer a wide range of SKECHERS footwear for men and women, as well as boys’ and girls’ styles featuring SKECHERS’ cast of characters. The store is located at 4950 FM 1960 Road West (at Wunderlich Drive) in Houston; SKECHERS’ other Houston-area locations include a regional mall store at Houston Galleria, and factory outlet stores at Houston Premium Outlets, Katy Mills and stores at 6518 Westheimer Road, 8460 Gulf Freeway, 10255 N. Freeway and 11824 Wilcrest Drive. For more information, call 281.895.8696.

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. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, and over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Brazil, Canada, Chile, Japan, and 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, and 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; and other factors referenced or incorporated by reference in the Company’s annual report on Form 10-K for the year ended December 31, 2011 and its quarterly report on Form 10-Q for the three months ended June 30, 2012. 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.



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