Skechers opens 1,000th store; 35 to 40 more locations to open by yearend
Manhattan Beach, Calif. — Skechers is celebrating the opening of its 1,000th retail store. The company, which operates in more than 75 countries, hit the milestone mark with the opening of a new store in Mexico City on Wednesday, preceded by an additional store opening in Mexico earlier this week and two in California last week.
“When we opened the first Skechers etail store almost 20 years ago, it was hard to imagine we’d one day hit this amazing milestone that truly showcases our global reach,” said Michael Greenberg, president. “As a key component of our distribution model, Skechers Sretail stores strategically grow our footprint and combine with marketing to support our wholesale business and build brand awareness worldwide.”
Earlier this year, the footwear retailer opened 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 its total to approximately 1,050 stores.