Skechers Community Goal Challenge Comes to Its Patna Store: Setting Fitness Goals With A Noble
Cause
Patna, July 4 th, 2024 – Skechers, the Comfort Technology Company®, celebrated the grand opening of its Patna, City Centre Mall store with a successful Skechers Community Goal Challenge, on 4 th July 2024 in alliance with the Youth Sports Welfare Foundation (YSWF), an NGO dedicated to the promotion and development of sports and the preservation of nature. The seventh edition of this event saw remarkable participation from many enthusiastic participants including Indian Cricketer Ishan Kishan and actress Nushrratt Bharuccha, communally completing the challenging 1000-kilometre run at this key Patna area store.
Given Patna boasts a rich sporting culture, with a strong history in cricket, hockey, and kabaddi, the Skechers Community Goal Challenge served as a perfect platform to celebrate this heritage and encourage residents to embrace an active lifestyle. The event not only fostered community spirit but also inspired many to push their boundaries and reach this ambitious target of 1000 kilometres, which culminated in the last kilometre completed by Ishan Kishan and Nushrratt Bharuccha. Upon reaching the mark, Skechers donated shoes to the Youth Sports Welfare Foundation. The foundation aims to foster athletic talent among the youth, providing them with the necessary resources, training, and support to excel in various sports disciplines. Rahul Vira, CEO of Skechers Asia Pvt. Ltd., said, " Expanding our footprint in Patna with our remarkable store at City Centre Mall represents our commitment to bringing top-notch sportswear and a great shopping experience to our customers. The Skechers Community Goal Challenge was an amazing way to connect with the local community, encourage all to stay active, and support the inspiring work of the Youth Sports Welfare Foundation to inspire and empower youngsters to pursue their sports dreams.
Seeing everyone come together for such a meaningful cause was truly heartwarming."
Ishan Kishan, Indian Cricketer and Brand Ambassador for Skechers, said “Participating in the Skechers Community Goal Challenge in Patna has been a truly rewarding experience. The discussions around healthy lifestyles and supporting the dreams of underprivileged youth have been inspiring. As a cricketer, I understand the importance of fitness and community support. I am especially happy to do this in my hometown and proud to be associated with Skechers for this contribution towards the society.” Actress Nushrratt Bharuccha shared her enthusiasm about participating in the Skechers event and said, “Patna Community Goal Challenge has been an incredible experience for me. It’s deeply inspiring and it was wonderful to see the community come together to stay active and support such a worthy cause. This initiative not only brings the community together, but also promotes fitness, and supports the amazing efforts of the Youth Sports Welfare Foundation. I was happy to be part of this incredible initiative by Skechers.”
The Skechers Community Goal Challenge in Patna built upon the Company’s previous editions held in multiple cities like Gurgaon, Chandigarh, Pune, Siliguri, and Dehradun, and continues to inspire healthier lifestyles and make a significant impact within local communities. With an extensive footprint of approximately 421 stores across the country, Skechers proudly showcases its commitment to serving customers across India.
About Skechers South Asia Pvt. Ltd and Skechers U.S.A., Inc. Skechers South Asia Pvt. Ltd is a subsidiary of Skechers (NYSE: SKX), The Comfort Technology Company ® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and speciality stores and direct to consumers through skechers.com and approximately 5,200 Skechers retail stores. A Fortune 500 ® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow our lifestyle and Skechers Performance sites on Instagram, Twitter and YouTube.
For further details, visit www.skechers.in.
This announcement contains forward-looking statements that are made under the safe harbour provisions of the Private Securities Litigation Reform Act of 1995, 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, 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, the opening of new stores and additional expenditures, and advertising and marketing initiatives.
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Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; 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, 2023, and its quarterly reports on Form 10-Q in 2024.
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