SKECHERS Foundation Presents More Than $280,000 in Donation Funds to Education and Special Needs Children

Jan 28, 2011 • 11:03 pm EST

SKECHERS Pier to Pier Friendship Walk Check Presentation Ceremony Unites Education Foundations, Community Leaders, and The Friendship Circle Organization

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE:SKX), a global leader in the lifestyle footwear industry and the number two footwear brand in the United States*, today announced that more than $280,000 in donation funds were presented to seven South Bay education foundations from the SKECHERS Foundation. As participants in the SKECHERS Pier to Pier Friendship Walk held on October 24, 2010, the education foundations of Manhattan Beach, Hermosa Beach, Redondo Beach, El Segundo, Palos Verdes Peninsula, and Torrance each received a donation check for their contribution to the walk.

From left to right: Yossi Mintz, Executive Director of The Friendship Circle; Erika White, Co-President, Manhattan Beach Education Foundation; Margo Thole, Director of Business Development, Manhattan Beach Education Foundation; Michael Greenberg, SKECHERS President (Photo: Business Wire)

SKECHERS President Michael Greenberg hosted the official check presentation ceremony on January 25, 2011 at SKECHERS' new corporate headquarters in Manhattan Beach, California. Several city leaders, including Manhattan Beach Mayor Richard Montgomery, Redondo Beach Mayor Mike Gin, and El Segundo Mayor Pro Tem Bill Fisher, attended the ceremony. In addition, school officials and education foundation representatives from Manhattan Beach, Hermosa Beach, Redondo Beach, El Segundo, Palos Verdes Peninsula, and Torrance were on hand to accept the donation checks.

"We are awed and inspired by the generous spirit of the South Bay community, which banded together to raise a tremendous amount of funds for education and special needs children," said Mr. Greenberg. "The 2010 SKECHERS Pier to Pier Friendship Walk included more than 4,000 participants and we raised more funds that we could have hoped. At SKECHERS, we believe anything is possible when individuals join together in the spirit of giving, and we're proud to support this amazing community."

In addition to the education foundations, The Friendship Circle, an organization that assists special needs children and their families, received a $135,000 donation check for their participation in the SKECHERS Pier to Pier Friendship Walk. Several students involved in The Friendship Circle program were on hand at the check presentation ceremony and spoke about the positive impact the organization has on their lives.

The SKECHERS Pier to Pier Friendship Walk is an extension of the SKECHERS Foundation, an organization that was founded to provide families around the world with the necessities and skills to succeed in life. Specifically, 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. The SKECHERS Foundation also develops community and after school programs for local students, including classes with SKECHERS shoe designers held at the SKECHERS corporate headquarters in Manhattan Beach.

For more information about the SKECHERS Pier to Pier Friendship Walk and the SKECHERS Foundation, please visit www.Pier2Pierwalk.com.

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, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company's global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit www.skechers.com.

*Sporting Goods Intelligence, June 21, 2010

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    Source: SKECHERS USA, Inc.