Item 8.01 Other Events

The following information is being filed under Item 8.01 of Form 8-K:

On May 15, 2020, J.C. Penney Company, Inc. and affiliated entities ("JCP") filed for bankruptcy protection under Chapter 11 of U.S. Bankruptcy Code. Weyco Group, Inc. (the "Company") has an outstanding receivable balance with JCP totaling approximately $3.3 million. While the ultimate resolution of the bankruptcy proceedings and collectability of the receivable are not known at this time, it is likely the Company will incur a loss with respect to all or a significant portion of the receivable.





Forward-Looking Statements

This report contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Various factors could cause the results of Weyco Group to be materially different from any future results expressed or implied by such forward-looking statements, including, but not limited to, the ultimate outcome of JCP's bankruptcy proceedings. Weyco Group undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.





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