World Footwear

Companies

Skechers opens 1 000th retail store

Nov 26, 2014 Mexico
 Skechers opens 1 000th retail store
The US based brand reaches another milestone in a year already marked by the award of Company of the Year from Footwear News and the highest quarterly revenue in its history, achieve during the third quarter of the current year
The numerous locations of Skechers stores around the world illustrate the global reach of the brand across six continents and more than 75 countries. The company just achieve a new milestone as it opened its thousandth store. The new establishment is located in Mexico City and was preceded by an additional store opening in Mexico and two in California earlier in November.

“When we opened the first Skechers retail store almost 20 years ago, it was hard to imagine we’d one day hit this amazing milestone that truly showcases our global reach”, commented Michael Greenberg, President of Skechers, adding, “Being profitable marketing vehicles, every Skechers store is a living, breathing catalog that offers consumers the largest assortment of Skechers, and now we’re improving that experience with an omnichannel approach to retail in our domestic market. As a key component of our distribution model, Skechers retail stores strategically grow our footprint and combine with marketing to support our wholesale business and build brand awareness worldwide.”

The first Skechers retail store opened in 1995 down the street from the company’s corporate headquarters, and the first international stores opened in 2001 in Paris, London and Tokyo. The company continued its global expansion, opening in new markets each year, including earlier this year with its first stores in Angola, Algeria, Belarus, Georgia, Latvia, Libya and Romania to be followed by Slovakia, Nepal and Zimbabwe later this year. By the end of 2014, an additional 35-45 Skechers stores will open worldwide bringing our total to approximately 1 050 stores.

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