Skechers achieved a new milestone: the opening of the one thousandth Skechers retail store.
The company hit the thousandth store mark with the opening of a new store in Mexico City today, preceded by an additional store opening in Mexico earlier this week and two in California last week. Its stores network span six continents
and more than 75 countries.
When we opened the first Skechers retail store almost 20 years ago, it was hard to imagine wed one day hit this amazing milestone that truly showcases our global reach, said Michael Greenberg, president of Skechers. Being profitable marketing vehicles, every Skechers store is a living, breathing catalog that offers consumers the largest assortment of Skechers, and now were 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 companys Manhattan Beach, CA, 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.
