Skechers Performance Named Official Running Shoe of the IRONMAN European Tour

Global Footwear Brand Continues to Grow the Performance Footwear
Division

MANHATTAN BEACH, Calif. & LIEDERBACH, Germany–(BUSINESS WIRE)–IRONMAN is known for putting on some of the most challenging races in
the world. And now, Skechers Performance—a division of SKECHERS USA,
Inc. (NYSE: SKX)—has been announced as the Official Running Shoe Sponsor
of the 2016 IRONMAN® European Tour, bringing the
award-winning brand to elite runners across the continent and the United
Kingdom.


Beginning with the IRONMAN® 70.3® Pays d’Aix event
in May, Skechers Performance will be on site at 26 of the 43 races in
the IRONMAN European Tour. They will have a presence in the expo village
and will be featured in event marketing—including race and event signage
as well as new media and digital extensions. Athletes will experience
the Skechers Performance brand as they swim, bike and run, through
Switzerland, Austria, Germany, the UK, Ireland, Spain, France, the
Netherlands and Denmark.

“We are excited to be partnering with IRONMAN and these incredible
athletes for this world-renowned series,” said Rick Higgins, SVP,
Merchandising/Marketing, Skechers Performance. “Joining IRONMAN
complements our global marketing strategy for the Performance Division,
as this is an essential opportunity to connect directly with our target
running demographic and build brand awareness across all of Europe. This
partnership exemplifies our continued support and commitment to the
running community, and our involvement with this tour will emphasize to
both serious and casual athletes across Europe that we are a major
player in the running category.”

Over the last five years, Skechers Performance has been an increasingly
active and dominant player in the elite running space, attracting
athletes such as world-class marathoner Meb, who recently qualified for
his fourth Olympic Games at the 2016 marathon Trials, and in 2014, ran
to victory in Boston wearing Skechers GOmeb Speed 3 – 2016 shoes.
Skechers Performance also sponsors U.S. elite marathoner, Kara Goucher
and European athletes Anja Beranek and Nils Frommhold. All endorsed the
brand’s lightweight, flexible designs and award-winning innovative
technologies found in every pair of Skechers Performance footwear.

“With the Skechers Performance mantra of ‘Go Like Never Before’ and
their lightweight and innovative designs, we couldn’t find a more
dynamic running shoe partner for our events in Europe than Skechers
Performance,” says IRONMAN Chief Sales Officer Carola Ross. “We are
thrilled to have them with us on this journey.”

The tour includes a variety of race types. Two stops will be 5150
Olympic distance races where athletes will swim 1.5km, bike 40km and
then run for 10km; 12 events will be half distance IRONMAN 70.3
triathlons, consisting of a 1.9km swim, 90km bike, and 21k, run; and 12
stops will be the full-distance ultimate single-day challenge IRONMAN
triathlon, where athletes will swim for 3.8km, cycle for 180.2km and
then run a full marathon.

Stop by the Skechers Performance booth at 2016 IRONMAN European events
and check out the Skechers GOrun footwear for men and women.

For more information on the IRONMAN brand and global event series, visit www.ironman.com.
For more information on Skechers Performance, visit www.GOskechers.com.

About IRONMAN

The iconic IRONMAN® Series of events is the largest
participation sports platform in the world. Since the inception of the
IRONMAN® brand in 1978, athletes have proven that ANYTHING IS
POSSIBLE® by crossing finish lines at the world’s most
challenging endurance races. Recognized for excellence through
distinguished events, world-class athletes and quality products, IRONMAN
has grown from a single race to a global sensation with more than 250
events and five unique brands: IRONMAN®, IRONMAN®
70.3®, 5150™ Triathlon Series, Iron Girl® and
IRONKIDS®. For more information, visit www.ironman.com.

About SKECHERS USA, Inc.

SKECHERS USA, Inc., based in Manhattan Beach, California, designs,
develops and markets a diverse range of lifestyle footwear for men,
women and children, as well as performance footwear for men and women.
SKECHERS footwear is available in the United States and over 160
countries and territories worldwide via department and specialty stores,
more than 1,340 SKECHERS retail stores, and the Company’s e-commerce
website. The Company manages its international business through a
network of global distributors, joint venture partners in Asia, and 13
wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin
America and throughout Europe. For more information, please visit skechers.com
and follow us on Facebook (facebook.com/SKECHERS)
and Twitter (twitter.com/SKECHERSUSA).

This announcement contains forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include,
without limitation, the Company’s 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 and opening
of new stores, the completion of the expansion and upgrade of the
Company’s European distribution center, 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 international economic,
political and market conditions including the uncertainty of sustained
recovery in Europe; entry into the highly competitive performance
footwear market; 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; 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 the Company’s annual report
on Form 10-K for the year ended December 31, 2015. The risks included
here are not exhaustive. The Company operates in a very competitive and
rapidly changing environment. New risks emerge from time to time and the
companies cannot predict all such risk factors, nor can the companies
assess the impact of all such risk factors on their respective
businesses 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.

Contacts

Skechers
Jennifer Clay, 1-310-937-1326
Jennc@skechers.com
or
Skechers
Performance
Jolene Abbott, 1-310-318-3100, Ext. 4839
Jolenea@skechers.com
or
IRONMAN
Stefan
Jaeger
Mobile Austria: +43 699 177 87 107
Mobile Germany: +49
151 105 143 42
stefan.jaeger@ironman.com