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SKECHERS President Receives ``Person of the Year'' Award From Footwear News Magazine.

Business Wire

| November 15, 2000 | COPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business Editors

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Nov. 15, 2000

SKECHERS USA Inc. (NYSE:SKX), a global leader in lifestyle footwear, today announced that Michael Greenberg, president of the company, has been named "Person of the Year" by leading industry trade publication, Footwear News. SKECHERS was recognized by Footwear News as Company of the Year in 1998.

SKECHERS USA board member Robert Siegel commented: "This honor recognizes the talent and commitment to excellence Michael has demonstrated over the years. Under Michael's leadership, SKECHERS has achieved many successes, including four years of record sales and earnings growth.

"In fact, this recognition is particularly rewarding on the heels of superior financial performance for the first nine months of this year, which continues the momentum SKECHERS has been building since its inception in 1992. The management team and board of directors are proud of Michael's accomplishments and are confident SKECHERS will continue to benefit from his ongoing guidance."

Michael Atmore, editorial director of Footwear News, added: "Michael Greenberg has set an example for the rest of the footwear industry. Not only has he led the SKECHERS team to new heights with powerful product and marketing, he has also made important and lasting contributions to a number of charitable organizations."

Greenberg stated: "I am grateful to have this distinction by Footwear News. I would like to thank our team, whose enthusiasm ...

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