New 24,000-Square-Foot Location is Footwear Brand’s Largest in a
Mall
MANHATTAN BEACH, Calif. -- (Business Wire)
SKECHERS
USA, Inc. (NYSE:SKX), a global leader in the lifestyle and
performance footwear industry, has opened its largest SKECHERS
mall-based factory outlet store. At approximately 24,000 square feet,
the massive superstore in Ontario, California, features dedicated shops
for the various SKECHERS lifestyle and performance collections for Men
and Women, an exciting Kids’ area complete with theater, as well as a
shop dedicated to the brand’s growing apparel collection.
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SKECHERS premium superstore at Ontario Mills (Photo: Business Wire)
“This amazing new store is a perfect reflection of the incredible
position of our brand within the marketplace,” said Michael Greenberg,
president of SKECHERS. “With footwear, accessories and apparel—we’re
delivering SKECHERS products from head to toe, so we built a store that
showcases our collection to customers in the finest retail experience
possible. We look forward to introducing features debuting here in more
stores throughout our retail network through the second half of this
year and into 2018 to meet the needs of the consumers who are demanding
our products worldwide.”
“We are thrilled that SKECHERS chose Ontario Mills for their supersize
store,” added Marc Smith, vice president and general manager at Ontario
Mills. “Ontario Mills prides itself on providing variety, value and
great experiences for our shoppers and is confident that the SKECHERS
superstore will be a huge attraction for the center.”
Located at California’s largest outlet destination—Ontario Mills—the
SKECHERS superstore houses approximately 50,000 pairs, offering one of
the widest assortments of SKECHERS lifestyle and performance products
available under one roof. And unique to this location is a
5,000-square-foot apparel and accessories shop-in-shop that features a
customer experience tailored to those shopping for clothing.
The store is segmented into departments including Women’s lifestyle and
performance, Men’s lifestyle and performance, WORK footwear, the BOBS
from SKECHERS charity collection, the premium Mark Nason collection for
men, and a fun Kids’ area features a candy shop plus a theater space
screening SKECHERS cartoons and characters to keep kids engaged while
mom or dad shop. The new store format and design with state-of-the-art
lighting and effects entices shoppers to enter and explore the
collection.
The Ontario Mills SKECHERS superstore joins a retail portfolio that
includes large format stores in Las Vegas and Gardena, CA, plus flagship
stores in prime locations such as Los Angeles’ Hollywood & Highland,
Times Square in New York, San Francisco’s Powell Street, London, Tokyo,
Shanghai and countless cities around the world. At the end of the second
quarter of 2017, SKECHERS had 2,055 stores worldwide, with 584 being
Company owned.
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 2,055 SKECHERS Company-owned and third-party-owned retail
stores, and the Company’s e-commerce websites. The Company manages its
international business through a network of global distributors, joint
venture partners in Asia and the Middle East, and wholly-owned
subsidiaries in Canada, Japan, throughout Europe and Latin America. 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, opening of
new stores and additional expenditures, 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; 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, especially in the highly competitive
performance footwear market; 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, 2016 and its quarterly
report on Form 10-Q for the three months ended March 31, 2017. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170627006100/en/
Contacts:
Skechers
Jennifer Clay, 310-937-1326
Jennc@skechers.com
Source: SKECHERS USA, Inc.
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