THE ANGEL–(BUSINESS WIRE) – Any result would have been a win for Skechers as Comfort Technology Company ™ was named the official shoe supplier to the European and US Solheim Cup teams earlier this year. Athlete Emily Pedersen pocketed a birdie on the 18th hole at Skechers GO GOLF Elite 3 ™ shoes. Throughout the day, she helped maintain the women’s European leadership and confirm overall victory at the Inverness Club in Toledo, Ohio – the second consecutive Solheim Cup win for Team Europe.
“While we pulled for Team USA to take home victory, we’re excited to see Skechers equipping European women to win for the second time through our expanded partnership with the Solheim Cup,” said David Weinberg, Skechers Chief Operating Officer . “Congratulations to Team Europe and it is clear that this event is a perfect showcase for our Skechers GO GOLF collection with professionals like Emily Pedersen showing how the comfort and performance of our shoes can improve their game. We know that fans of both teams want to experience the innovative styles that only Skechers will offer next time on the court. ”
“I was happy to be in the anchor match against the same player I faced in 2017 – but this time with a different outcome,” said Emily Pedersen. “I had to collect myself a little on the last three holes and the Skechers GO GOLF shoes make it easy to get comfortable and focus on the game. In the end it felt so nice to pocket the last putt and celebrate with the team – I’m so proud of all of them. ”
In addition to pairs of shoes for the golfers, support staff and officials received Skechers GO RUN Supersonic ™ shoes in team colors with caddies in a special waterproof design. This is the first time Skechers has supplied shoes to both teams, having previously sponsored the European team in 2017 and 2019. Skechers GO GOLF is known for its light, high-quality, stable and comfortable design and has made a name for itself in the golf category in addition to the brand’s award-winning running, walking and training collections.
The list of elite golfers wearing Skechers GO GOLF on tour includes Brooke Henderson, Colin Montgomerie and Billy Andrade. Skechers GO GOLF is available in selected Skechers retail stores and on skechers.com as well as from selected retail partners, including dedicated golf professionals.
About SKECHERS USA, Inc.
Skechers (NYSE: SKX), The Comfort Technology Company based in Southern California, designs, develops and markets a diverse line of lifestyle and performance shoes, apparel and accessories for men, women and children. The company’s collections are available through department stores and specialty stores in the United States and over 170 countries and territories, and direct to consumers through 4,057 proprietary and third-party retail stores and e-commerce websites. The company manages its international business through a network of global sales partners, joint venture partners in Asia, Israel and Mexico, and wholly owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter and TikTok.
About the Solheim Cup
The Solheim Cup combines the tradition and prestige of golf with a passion for one’s own country and the continent. This biennial international match play competition features the best US players on the Ladies Professional Golf Association (LPGA) Tour and the best European players on the Ladies European Tour (LET).
The Solheim Cup is named in honor of Karsten and Louise Solheim, the founders of the Karsten Manufacturing Corporation, which makes PING golf equipment. In 1990 the Solheim family developed the concept together with the LPGA and the LET and became the title sponsor of the Solheim Cup. Global partners of the Solheim Cup today are PING, Rolex and Marathon Petroleum.
The event, which takes place every two years, has developed into one of the most prestigious international women’s professional golf team events. The 2021 Solheim Cup was held September 4-6 at the Inverness Club in Toledo, Ohio, with Team Europe taking an exciting 15-13 victory. Team USA leads Team Europe with 10-7 at all times in the Solheim Cup competition.
More information is available at www.SolheimCupUSA.com.
This announcement contains forward-looking statements made pursuant to 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, but are not limited to, future national and international growth, financial results and operations of Skechers including expected net sales and profits, new product development, future demand for its products, planned national and international expansion, the opening of new business and additional expenses, as well as advertising and marketing initiatives. Forward-looking statements can be made through the use of forward-looking expressions such as “believe”, “anticipate”, “expect”, “estimate”, “intend”, “plan”, “project”, “will”, “continue”, “will result” , “Could”, “could”, “could” or any variation of such words with a similar meaning. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Factors that could cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political, and market conditions, including the challenging consumer retail markets in the United States; Maintain, manage, and forecast costs and adequate inventory levels; Loss of important customers; decreased demand from industrial retailers and cancellation of order commitments due to the lack of popularity of certain designs and / or product categories; Maintaining the brand image and intense competition between sellers of consumer shoes, especially in the highly competitive market for high-performance shoes; Anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; Sales figures during the sales season in spring, at the beginning of school and on public holidays; and other factors referred to 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 June 30, 2021 – 19 pandemic has had, and is currently having a significant impact on Skechers’ business, financial condition, cash flow and results of operations. Forward-looking statements regarding the COVID-19 pandemic include, but are not limited to, Skechers’ plans in response to that pandemic. There is currently significant uncertainty about the COVID-19 pandemic, including (i) the duration and magnitude of the impact of the pandemic, (ii) the government’s responses to the pandemic, including how such responses to the pandemic will be by Skechers. Business and operations, as well as the operation of its factories and other business partners, (iii) the effectiveness of Skechers ‘actions in response to these risks, and (iv) Skechers’ ability to develop its plans in response to the rapidly changing commercial and economic environment. Taking into account these and other risk factors related to the COVID-19 pandemic, the dynamics of these circumstances mean that the information in this press release is subject to change at any time and therefore actual results may differ materially from those anticipated through such forward-looking statements. The risks listed here do not claim to be complete. Skechers operates in a very competitive and rapidly changing environment. New risks arise from time to time, and we cannot predict all of these risk factors, nor can we assess the impact all of these risk factors will have on our business, or the extent to which one or a combination of factors may lead to the actual Results differ materially from those contained in forward-looking statements. Given these risks and uncertainties, you should not rely on forward-looking statements as predictions of actual results. In addition, the results reported should not be taken as an indication of future performance.