Actress Raashii Khanna commences the 2-Day Skechers GO RUN Beat My Speed Challenge in Chennai.!!

Chennai 20 January 2023 Actress Raashii Khanna commences the 2-Day Skechers GO RUN Beat My Speed Challenge in Chennai.!!

Chennai, 19th January 2023: Skechers, The Comfort Technology Company™ an American performance and lifestyle footwear brand, today commenced a two day, on-ground challenge in Chennai, at the Express Avenue Mall with Actress Raashii Khanna. The Skechers GO RUN Beat My Speed Challenge is a two-day interactive event that invites participants to run on a treadmill at a speed of 16 km/hr for 3 minutes.

The fitness and fun filled affair began with Raashii Khanna flagging off the run challenge by running on the treadmill, followed by inviting the general public to try out the challenge by running at a consistent speed of 16 kms / hr for 3 minutes straight. The winners of the challenge get a chance to win exciting Skechers goodies. They can also win Free Skechers shoes. The Skechers GO RUN Beat My Speed that was kickstarted in Chennai today, is a part of a larger initiative of the brand, to travel to different cities across India and promote a healthier lifestyle among consumers, motivating them to stay fit and have fun while doing so.

Commenting on this, Rahul Vira, CEO, Skechers South Asia said, “Chennai seems to be very fitness-forward and it has been riveting to watch excited participants come forward and test their fitness level and push their limits with the Skechers GO RUN Challenge. Skechers has always strongly endorsed comfort and fitness, and together with Raashii, we are confident that this community engaging initiative will inspire consumers to adapt a fitter lifestyle.”

Indian Actress, Raashii Khanna, who flagged off the challenge in Chennai today said, “I am extremely delighted to be a part of an interesting initiative such as the Skechers GO RUN Beat My Speed Challenge. I have always been dedicated to staying fit and leading a healthy life and I truly believe that simple habits of running and walking can make all the difference. I am grateful to be able to motivate our citizens towards doing the same. The enthusiasm of the participants has been overwhelming and I truly hope that through this initiative we can inspire more people to inculcate the habit of walking and running in their daily lives.”

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The Skechers GO RUN Beat My Speed Challenge will be open to on-the-spot registrations. Participants can win goodies and hampers from Skechers. The event will be a two-day affair from 19th January to 20th January from 4 PM onwards at Express Avenue Mall, Chennai.

About Skechers South Asia Pvt. Ltd and Skechers USA, Inc. 

Skechers South Asia Pvt. Ltd is a subsidiary of Skechers USA, Inc. (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 over 180 countries and territories through department and specialty stores, and direct to consumers through digital stores and 4,308 Company- and third-party-owned physical retail stores. The Company 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 us on Facebook, Instagram, Twitter and TikTok.

For further details, visit www.skechers.in 

This announcement contains forward-looking statements that are 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, 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, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements 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 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 challenging consumer retail markets in the United States; 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, 2020 and its quarterly report on Form 10-Q for the three months ended September 30, 2021. More 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 with respect to the COVID-19 pandemic include, without limitation, Skechers’ plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers’ business 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 retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated 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 such risk factors, nor can we assess the impact of all such risk factors on our business 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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