SKECHERS Signs Licensing Agreement with Li & Fung USA to Develop Fitness Apparel Lines

SKECHERS USA, Inc. SKX, a global leader in the footwear industry and the number two footwear brand in the United States,* today announced that it has signed a multi-year licensing agreement with LF USA, a subsidiary of Hong Kong-headquartered multinational Li & Fung Limited, to produce a SKECHERS Fitness apparel and accessories collection for men and women. The offering will include Shape-ups, Tone-ups and SKECHERS Resistance-branded activewear; outerwear and performance-related accessories. The SKECHERS Fitness Apparel collection will build on the success of SKECHERS Fitness Footwear, which now includes technical running collections as well as styles designed for training and all-day wear. LF USA's Regatta division will design, produce, distribute and market the collection, which is planned for a 2012 launch in department store, sporting goods and independent retailers in the United States. “SKECHERS Fitness has grown from a single style into a performance running line, training line, and an everyday toning line,” said Michael Greenberg, president of SKECHERS. “With our partner as LF USA, part of the world's largest sourcing company, we look forward to coming together as two industry leaders and capitalizing on the great potential that we believe the SKECHERS Fitness brand has for our consumers.”