Skechers President Michael Greenberg Inducted into Manhattan’s Best Hall of Fame and Skechers Wins Pay It Forward Award


LOS ANGELES–(COMMERCIAL THREAD) – Skechers, The Comfort Technology Company â„¢, has announced that its president, Michael Greenberg, is the first inductee into the Best of Manhattan Hall of Fame. He was honored for his support for Manhattan Beach and decades of philanthropic work as an individual and through Skechers, raising more than $ 30 million in total donations for a wide range of causes, ranging from support from kids to Skechers Pier to Pier Friendship Walk, to Family Support. the world. The Manhattan Beach Chamber of Commerce also awarded Skechers the “Pay it Forward” award for its generosity, partnerships and investments in the Manhattan Beach community where the company is headquartered.

“On behalf of the Manhattan Beach Chamber of Commerce, we are delighted to present the first Hall of Fame award to Michael Greenberg,” said Jill Dunn, chair of the Manhattan Beach Chamber board of directors. “It is an integral part of Manhattan Beach and the entire Beach Cities community. His generosity is unparalleled. He and Skechers have done so much for so many organizations, including the Friendship Foundation, the Roundhouse Aquarium, our local educational foundations, the Hirschberg Foundation, the Chamber of Commerce and many more. Michael is a gem and we are so lucky to have him in our wonderful community. ”

“Real success is not measured by the growth of an individual, but how much we can have a positive impact on the lives of others,” added Skechers President Michael Greenberg, who also founded the Skechers Foundation and the Skechers Restaurant COVID Relief Fund to support South Bay. . “Manhattan Beach has been a wonderful hometown, allowing us to grow the Skechers brand, take care of our neighbors and raise funds to help those in need. Our company will be celebrating its 30th anniversary here next year, and I am grateful for our city’s generosity to the Skechers team and our entire community.

Greenberg made Manhattan Beach the center of his philanthropic vision – partnering with Rabbi Yossi in 2005 to create the Friendship Foundation for Children with Special Needs; the creation of the Skechers Pier to Pier Friendship Walk to help raise over $ 17 million for the Friendship and Education Foundation; and the launch of the Skechers Foundation National Scholarship Program to award scholarships to talented students each year. He also established the Harrison Greenberg Foundation, raising $ 4 million to rebuild the Roundhouse Aquarium in Manhattan Beach and fund its oceanographic education station programs.

Over the past year, Greenberg launched the Skechers Restaurant COVID Relief Fund, raising $ 730,000 to save local businesses; got the Skechers Foundation to donate $ 1 million to help earthquake victims in Haiti; created the Skechers Haiti Relief Fund for additional contributions; and finalized plans for the first world-class South Bay Friendship Foundation campus, a life-changing, $ 40 million, 66,000 square foot learning, vocational and creative education center young adults with special needs and their families. The Campus is expected to open in early 2022 and plans to open in 2023.

For three decades, Skechers has also grown and invested in the Manhattan Beach community – expanding its jobs and corporate headquarters and guiding its activities in the area – where it has cultivated charitable collections such as Skechers’ BOBS, through which Skechers has donated more than 16 million new shoes to children affected by poverty, homelessness and natural disasters in more than 60 countries. As part of the BOBS movement, the company also donated more than $ 7 million to help save and support more than 1.3 million shelter dogs and cats in the United States and Canada.

Held last night in Westdrift Manhattan Beach, the Manhattan Beach Chamber of Commerce named the city’s top business and events, and the community voted for the year’s winners on the chamber’s website. In addition to receiving the “Pay it Forward” award, Skechers was also nominated as a finalist in this year’s “Best of Manhattan” category.

The company previously won the Manhattan Beach Chamber of Commerce’s Best of Manhattan Full Circle Award for Best Charity in 2013; “Best of Manhattan” award in 2014, 2016, 2017 and 2018; and the ‘Pay it Forward’ award in 2018, as well as the ‘Affair to Remember’ award 2018 for the Skechers Pier to Pier Friendship Walk.

About the Skechers Foundation

The Skechers Foundation was established to provide families around the world with the necessities and skills to be successful in life. In addition to running the Skechers Pier to Pier Friendship Walk, the Skechers Foundation funds tax-exempt 501 (c) (3) non-profit organizations that provide advice on education and vocational training, footwear , clothing, fitness and nutrition to communities in need.

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 footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and in more than 170 countries and territories through department and specialty stores, and direct to consumers through 4,057 Company-owned retail stores and e-commerce websites and some thirds. The Company manages its international operations through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.

This announcement contains forward-looking statements which are made in accordance with 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, without limitation, the future domestic and international growth of Skechers, its financial results and operations, including expected sales and net profits, its development of new products, future demand for its products, its planned national and international expansion, new store opening and additional spending, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking terms such as “believe”, “anticipate”, “expect”, “estimate”, “intend”, “plan”, “project”, “will be”. “,” Will continue “,” will result “,” could “,” could “,” could “or any variation of these words having similar meanings. Such statements are subject to risks and uncertainties which 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 business and operations disruption due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions, including difficult retail markets in the United States; maintain, manage and forecast costs and appropriate inventory levels; losing important customers; decreased demand from industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and / or product categories; maintain the brand image and intense competition among sellers of consumer footwear, especially in the highly competitive performance footwear market; anticipate, identify, interpret or forecast 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 sales periods; and other factors referenced 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 Specifically, the COVID -19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, 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 this pandemic. At present, there is significant uncertainty regarding the COVID-19 pandemic, including, but not limited to, (i) the duration and extent of the impact of the pandemic, (ii) the responses governments to the pandemic, including how those responses may impact Skechers. activities and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers actions taken in response to these risks, and (iv) Skechers ability to effectively and timely adjust its plans in response to the rapidly changing business and economic environment. Given these and other risk factors associated with the COVID-19 pandemic, the dynamic nature of these circumstances means that what is stated in this press release could change at any time and, therefore, the actual results. could differ materially from those envisaged. by such forward-looking statements. 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 we cannot predict all of these risk factors, nor assess the impact of all of these risk factors on our business or the extent to which any factor, or combination of factors, may cause a significant difference between the actual results. those contained in forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. In addition, the reported results should not be taken as an indication of future performance.


About Janet Young

Check Also

Astra gears up for TROPICS launch campaign

WASHINGTON — Small launch vehicle developer Astra says it is ready to perform a series …

Leave a Reply

Your email address will not be published.