Skechers: On the Way to 10,000 Stores
15 Fevereiro 2024 - 11:00AM
Business Wire
Global Footwear Brand Opens 5,000th Skechers
Location
Skechers U.S.A., Inc. (NYSE:SKX), The Comfort Technology
Company® and third-largest athletic footwear brand in the world,
announces that it has surpassed 5,000 Skechers-branded retail store
locations throughout more than 120 countries. Expanding the reach
of Skechers shopping destinations currently operating globally, key
openings leading up to the milestone have been in Chile, Greece,
India, Mexico, South Korea, the United States, and the 5,000th
store in Bogotá, Colombia.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240215888406/en/
5,000th Skechers-branded retail store in
Bogotá, Colombia. (Photo: Business Wire)
“Every Skechers store brings valuable engagement with consumers
to build an increased awareness for our brand,” said Michael
Greenberg, president of Skechers. “Skechers stores are the best
place for fans to experience the signature comfort, style and
innovation of our products—and when they do, they’re loyal for
life. It started in 1995 with the original Skechers store opening
in Manhattan Beach near our corporate offices. From there, we
opened our first international store in Japan, the 100th in Times
Square, the 3,000th in China and now our 5,000th store in Colombia.
Every location offers the same look and feel to carry the Skechers
brand with consistency across six continents. With an additional
140 to 160 more Company-owned stores planned this year and hundreds
of stores opening annually with our partners, we are on the road to
10,000 Skechers stores.”
From fashion styles to lifestyle product and performance shoes
for sport enthusiasts, Skechers’ offering is enhanced with the
Company’s signature comfort innovations—including its patented
Skechers Hands Free Slip-ins® Technology, Skechers Arch Fit®
Technology, Skechers Max Cushioning® Technology, Skechers Hyper
Burst Pro™ Technology, Skechers Air-Cooled Memory Foam®, Skechers
Relaxed Fit® Technology, and Skechers Performance FitKnit®
Technology.
About SKECHERS U.S.A.,
Inc.
Skechers U.S.A., Inc. (NYSE:SKX), a Fortune 500® company based
in Southern California, designs, develops and markets a diverse
range of lifestyle and performance footwear, apparel and
accessories for men, women and children. Collections from The
Comfort Technology Company® are available in 180 countries and
territories through department and specialty stores, and direct to
consumers through digital stores and approximately 5,170 Company-
and third-party-owned physical retail stores. The Company manages
its international business through a network of wholly-owned
subsidiaries, joint venture partners, and distributors. For more
information, please visit about.skechers.com and follow us on
Facebook, Instagram and TikTok.
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, 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, Skechers’ 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,” “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 the disruption of business and
operations due to the COVID-19 pandemic; delays or disruptions in
our supply chain; international economic, political and market
conditions including the effects of inflation and foreign currency
exchange rate fluctuations around the world, the challenging
consumer retail markets in the United States, and the impact of
wars, acts of war and other conflicts around the world; 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 Skechers’ annual report on Form 10-K for the year ended December
31, 2022 and its quarterly reports on Form 10-Q in 2023. Taking
these and other risk factors associated with the COVID-19 pandemic
into consideration, the dynamic nature of these circumstances means
that what is stated in this press release could change at any time,
and as a result, actual results could differ materially from those
contemplated 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 such risk factors, nor can we assess
the impact of all such risk factors on our business 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: https://www.businesswire.com/news/home/20240215888406/en/
Jennifer Clay SKECHERS U.S.A., Inc. jennc@skechers.com
Skechers USA (NYSE:SKX)
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