For the third year in a row, Kinecta joins with Skechers and the Friendship Foundation to raise awareness and support children with special needs and public education

Posted: October 21, 2021 at 12:38 p.m. EDT|Update: 11 minutes ago

MANHATTAN BEACH, CA, 21 October 2021 / PRNewswire / – Federal Credit Union Kinecta, South Bay’s primary funding partner, is pleased to announce its participation as the presenting sponsor of the Skechers Pier to Pier Friendship Walk to be held this year. Sunday 24 October 2021. Families and friends will gather to walk from Manhattan Beach Pier to Hermosa Beach Pier and back with a record $ 2.5 million goal to help children with special needs and students succeed.

“At Kinecta, we are committed to giving back to our community by participating in local community programs and events,” said Keith sultemeier, CEO of Kinecta Federal Credit Union. “It is an honor to partner with Skechers for the third year in a row and to help increase support and awareness for our children. We invite you to register to walk!

“We all know Kinecta for their charitable giving and involvement in our community, and I want to thank them for being our staunch supporter since 2019,” said Michael greenberg, Skechers president and co-founder of the Skechers Pier to Pier Friendship Walk. “Skechers and Kinecta are encouraging our community to join in on this year’s fun celebration at the beach as we walk together to help children thrive.

The annual Pier to Skechers Pier Friendship Walk is the largest charity walk of its kind in California. Since 2009, it has grown to gather more than 17,000 annual registrants and collected more than $ 17 million for public schools, scholarships and the Friendship Foundation, an organization that supports children with special needs and their families.

Walkers can register in person for the event, register online at skechersfriendshipwalk.com and broadcast live on 13^e annual walk at the site to Sunday 24 October^e To 9am PST. Participants can also follow the event on Facebook (facebook.com/SKECHERSFriendshipWalk), Instagram (instagram.com/skechersp2pwalk) and Twitter (twitter.com/SkechersP2PWalk).

For more information on Kinecta, visit www.kinecta.org.

About Kinecta Federal Credit Union
Kinecta Federal Credit Union is the 35th largest credit union in the country, with assets of $ 6.5 billion and more than 270,000 member-owners. Our 800+ employees serve members of 32 branches, a variety of specialized offices and highly responsive call centers on both coasts. Banking in the Southern California region for over 80 years, with recent expansion into Northern California, New York and New Jersey, Kinecta offers its members a full range of financial products through Credit Union and its subsidiaries, Kinecta Wealth Management and Kinecta Insurance Services. Daily Breeze readers have named Kinecta as one of South Bay’s best credit unions for the past 10 years, and Kinecta was voted Easy Reader’s “Best Credit Union” in 2020.

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 United States, Inc.

Skechers (NYSE: SKX), The Comfort Technology Company ™ based in Southern california, designs, develops and markets a diverse line of lifestyle and performance footwear, clothing and accessories for men, women and children. The Company’s collections are available in United States and more than 170 countries and territories through department and specialty stores, and directly to consumers through 4,057 retail stores and e-commerce websites owned by the Company and third parties. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly owned subsidiaries in Canada, Japan, India, Europeans and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TIC Tac.

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, as well as 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 ”,“ 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; international economic, political and market conditions, including difficult consumer retail markets in 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. More sSpecifically, 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. 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 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.

Contact person for media relations:
Ondar Tarlow
Marketing Director
[email protected]

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SOURCE Kinecta Federal Credit Union

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