Footwear Company Joins the Debut of New York
City’s Highly Anticipated Shopping Destination
SKECHERS USA, Inc. (NYSE:SKX), a global leader in the lifestyle
and performance footwear industry, today announced that the Company
has opened a flagship store at the heart of the World Trade
Center’s new shopping district. The SKECHERS store is an integral
part of the launch of the new half-a-million square foot center –
Manhattan’s latest world-class mecca for dining, stores and
entertainment. Located along the main level of the West Concourse
near the WTC Transportation Hub, the store will be home to more
than 350,000 daily visitors in the area and a key tourist
destination.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160816005079/en/
Skechers retail store rendering for One
World Trade Center (Graphic: Business Wire)
“The new shopping district at One World Trade Center is the
place to be – gorgeous, massive and spectacular, it’s one of the
biggest retail openings in the United States this decade,” said
Michael Greenberg, president of SKECHERS. “The center’s new stores
read like a who’s who list of iconic global brands – and we’re
thrilled to take part in this huge retail phenomenon. Consumer
interest is already tremendous, the foot traffic will be massive,
and we can’t wait to welcome the swarms of locals and tourists who
will be walking this center every day.”
Complete with black granite-tiled floors, large-scale graphics,
state-of-the-art audio/video presentations and LED-lit shelves,
fixtures and storefront displays, the modern SKECHERS store will
showcase the brand’s lifestyle offering for men and women, a
Skechers Performance section complete with shoes and apparel, and a
product-filled SKECHERS Kids Fun Zone for children. Consumers will
also be able to purchase product store-wide with SKECHERS’ mobile
pay option.
“We continue to grow our retail footprint on every level – in
high-traffic cities, across the United States and around the
world,” added Greenberg. “Whether we’re expanding our New York
presence with our first-ever SKECHERS store in lower Manhattan, or
are launching SKECHERS destinations in far-reaching countries
around the world, our retail network is stronger than ever. By year
end, we anticipate having more than 1,600 SKECHERS stores.”
SKECHERS’ retail network includes two locations in Times Square
and additional New York destinations at Union Square, 5th Avenue
and 34th Street; Las Vegas’ Grand Canal Shoppes at the Venetian;
San Francisco’s Powell Street; and hundreds of prime tourist,
high-traffic destinations in London, Tokyo, Toronto, Shanghai and
numerous cities across six continents.
*SKECHERS One World Trade Center store images are available upon
request.
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 1,545 SKECHERS Company-owned and
third-party retail stores, and the Company’s e-commerce website.
The Company manages its international business through a network of
global distributors, joint venture partners in Asia, and
wholly-owned subsidiaries in Brazil, Canada, Chile, Japan, Latin
America and throughout Europe. For more information, please visit
skechers.com and follow us on Facebook (facebook.com/SKECHERS) and
Twitter (twitter.com/SKECHERSUSA).
About Westfield World Trade
Center
The new port of entry to Lower Manhattan, Westfield World Trade
Center is located at the site where 60,000 neighborhood residents,
300,000 daily commuters, 13 subway / PATH trains, multiple ferry
lines, and an additional 15 million annual global travelers
converge within one landmark setting. This new New York City
experience brings together commerce, community and culture in a
destination integrating the Santiago Calatrava designed Oculus,
street-level space in WTC Towers 3 and 4, as well as the galleries
that run underground across the World Trade Center campus
(including to 1 WTC, now the tallest building in the Western
Hemisphere). Encompassing more than 100 fashion, beauty, lifestyle
and technology brands across 365,000 square feet of retail space,
Westfield World Trade Center is home to one of the most diverse
retail collections in New York City, restaurant concepts created by
world-class chefs, art, culture, events and entertainment, as well
as showrooms, sponsorships, and engaging media activations for
premier partners such as Ford, Pepsi and JP Morgan Chase.
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 and opening of new stores, the completion
of the expansion and upgrade of the Company’s European distribution
center, 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; entry into the highly competitive
performance footwear market; 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;
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, 2015 and its
quarterly report on Form 10-Q for the quarter ended June 30, 2016.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160816005079/en/
SKECHERS USA, Inc.Jennifer
Clay310.318.3100jennc@skechers.com
Skechers USA (NYSE:SKX)
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