New 24,000-Square-Foot Location is Footwear
Brand’s Largest in a Mall
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170627006100/en/
SkechersJennifer Clay, 310-937-1326Jennc@skechers.com
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