STOCK TITAN

Skechers Announces Sponsorship of the Pickleball Canada National Championship

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

TORONTO--(BUSINESS WIRE)-- Skechers, The Comfort Technology Company™, today announced a partnership with Pickleball Canada that names the brand as the Official Footwear Sponsor of the Pickleball Canada National Championship. The agreement begins with the current season and will further establish Skechers’ prominent position in the fast-growing sport.

Elite Canadian pickleball athlete Catherine Parenteau in Skechers Viper Court Pro footwear. (Photo: Business Wire)

Elite Canadian pickleball athlete Catherine Parenteau in Skechers Viper Court Pro footwear. (Photo: Business Wire)

“We launched Skechers Viper Court footwear to a positive reaction from the pickleball community, athletes and fans,” said Michael Greenberg, president of Skechers. “Skechers currently sponsors every major elite professional pickleball tour in the United States and our athletes are winning on the court, so it’s the perfect time to expand our reach to the biggest circuit in Canada so that we can connect with more consumers across North America and around the world as they discover and fall in love with this incredible sport.”

Skechers kicked off 2022 by signing its first two elite pickleball athletes, Tyson McGuffin and Canadian Catherine Parenteau, who compete wearing Skechers pickleball footwear and Skechers-branded apparel. After introducing its pickleball collection at the US Open Pickleball Championships in Naples, Florida last year, Skechers began to dominate the sport by sponsoring major tours including USA Pickleball, Major League Pickleball, the Association of Pickleball Professionals (APP) Tour, and the Carvana Professional Pickleball Association (PPA) Tour. Now, Skechers adds the Pickleball Canada National Championship to its sponsorship roster of existing major championships and tournaments across North America.

“I’m so proud to represent a brand that’s now part of growing the sport I love in my home country,” said Catherine Parenteau. “Pickleball matters, and we’re working together to help promote this movement in Canada.”

“The Pickleball Canada National Championship is our marquee annual event, so we are very happy to have a major brand like Skechers join us for this great event hosted by the Regina Pickleball Club,” said Peter Milovanovic, president of Pickleball Canada. “The number of pickleball players in Canada has increased significantly over the past few years and it is expected to continue to grow at a rapid rate as more Canadians are introduced to pickleball.”

This year’s National Championship will be held August 23-27, 2023 in Regina, Saskatchewan, and is hosted by Pickleball Regina. Over 1,000 players across Canada will compete in different categories, with athletes ranging in age from 16 to 75.

Skechers pickleball footwear brings signature Skechers comfort and innovation to the court. The Skechers Viper Court provides responsive performance in a breathable, lightweight design. The enhanced grip and stability of the Goodyear® rubber outsole paired with a shock-absorbing Arch Fit® insole deliver comfort and support, match after match. The recently launched Skechers Viper Court Pro is a lighter and faster high-performance pickleball shoe designed and suitable for everyday players looking for stability and a secure platform in their game.

Styles in the Skechers pickleball footwear collection are available at Skechers retail stores and skechers.ca, as well as key retail partners and specialty shops.

About Skechers USA Canada, Inc. and Skechers U.S.A., Inc.

Skechers USA Canada, Inc. is a subsidiary of Skechers U.S.A., Inc. (NYSE:SKX), The Comfort Technology Company™ based in Southern California. Skechers 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 over 4,500 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.

About Pickleball Canada

Pickleball Canada is the national governing body for the sport of pickleball in Canada. The Canadian Pickleball Association was established in 2009 and then incorporated as Pickleball Canada in 2011. The organization works to promote and develop the sport at all levels, from grassroots to high-performance. Their mission is to promote the growth and development of pickleball across the country by providing leadership, resources, and opportunities for players of all ages and skill levels. Pickleball Canada is responsible for the coordination and delivery of pickleball events across the country, including the National and Regional Championships, which brings together top players from across Canada to compete for the title of national champion. With a growing number of players and clubs across the country, pickleball is Canada’s fastest growing sport and Pickleball Canada is at the forefront of this exciting movement. For more information, please contact please contact info@pickleballcanada.org or visit pickleballcanada.org/.

About Goodyear

Goodyear is one of the world's largest tire companies. It employs about 72,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

This announcement contains forward-looking statements that are made pursuant to the safe harbor 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, 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,” “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 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 Russia’s recent invasion of Ukraine; 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, 2022 and its quarterly reports on Form 10-Q in 2023. 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.

Media Contact:

Cris Alcantara

Skechers

crisa@skechers.com

For more information on this partnership, please contact:

Dane Gomez

dane@sponsorshipcanada.com

C: 647-784-4112

Source: Skechers

Skechers U.S.A., Inc.

NYSE:SKX

SKX Rankings

SKX Latest News

SKX Stock Data

9.31B
130.45M
0.81%
96.17%
4.27%
Footwear & Accessories
Footwear, (no Rubber)
Link
United States of America
MANHATTAN BEACH