Skechers, The Comfort Technology Company®, announced the planned
relocation of its European Distribution Center (EDC) operations to
a larger, single-structure, state-of-the-art facility in Liège to
strategically expand its business throughout the continent.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241112808954/en/
Skechers will relocate its European
Distribution Center to a 200,000-square-meter facility in Liège to
support the brand’s strategic expansion across Europe. (Photo:
Business Wire)
“Over nearly three decades of business in Europe, Skechers has
established strong brand awareness and enthusiastic support for our
innovative comfort technologies. The demand in EMEA for our product
across channels and regions led to a 30 percent sales increase in
the third quarter of 2024,” said David Weinberg, chief operating
officer of Skechers. “We expect our momentum will continue as we
develop more styles and make them available where consumers want to
shop in Europe—be it at our more than 500 Skechers stores,
e-commerce sites or our network of third-party retailers. We
believe increased infrastructure and personnel will be required at
our European Distribution Center as the territories serviced by the
facility are expected to play a key role in our anticipated near-
and long-term growth.”
“Our planned 200,000-square-meter, state-of-the-art logistics
center in Belgium will allow us to increase the volume of goods
shipped to meet our expected demand in the coming decade while
substantially improving efficiencies—a win for consumers, customers
and our workforce,” added Paul Galliher, senior vice president of
global distribution. “We look forward to scaling up our operations
as we launch a new era for Skechers, the third largest footwear
brand in the world.”
To ensure seamless, uninterrupted operations, the Skechers EDC
will start its gradual move in 2028 to the new site—which will be
located minutes from Liège Airport, adjacent to major highways and
just 12km from the Company’s current center. The building is being
designed to be BREEAM: Excellent, and will include renewable energy
features. Skechers is anticipating the need for additional
employees at the facility with the planned expansion of its
business and logistic capabilities.
“Skechers has been a valuable partner in Wallonia since 2002,
and its announcement to relocate its European distribution center
to Liège confirms Wallonia's status as a major logistics hub in
Europe. This is also good news for the economic development of our
region and is expected to create direct and indirect jobs,” stated
Minister of Economics HE Pierre-Yves Jeholet.
Added Yves Weerts, owner of Weerts Logistics: “Skechers will
grow its current partnership with Weerts Group to develop the new
site and building; it is a successful continuation of the
collaboration that we have developed with Skechers over the past
years.”
The EDC distributes product to Skechers-managed businesses
throughout Europe, including direct to consumers through e-commerce
and Skechers retail stores, third-party retailers and the Company’s
regional distribution partners. The expansion is the latest
advancement in Skechers’ extensive global distribution network,
which includes a regional U.K. facility and centers in North and
South America, China, Japan and India.
About Skechers U.S.A. Benelux B.V. and
Skechers U.S.A., Inc.
Skechers U.S.A. Benelux B.V. is a subsidiary of Skechers U.S.A.,
Inc. (NYSE:SKX), The Comfort Technology Company® based in Southern
California. Skechers designs, develops and markets a diverse range
of lifestyle and performance footwear, apparel and accessories for
men, women and children. The Company’s collections are available in
180 countries and territories through department and specialty
stores, and direct to consumers through skechers.com and
approximately 5,300 Skechers retail stores. A Fortune 500® company,
Skechers manages its international business through a network of
wholly-owned subsidiaries, joint venture partners, and
distributors. For more information, please visit about.skechers.com
and follow us on Facebook, Instagram and YouTube.
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements may include, without limitation, Skechers’ 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,” “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 the disruption of business and
operations due to the COVID-19 pandemic; delays or disruptions in
our supply chain; international economic, political and market
conditions including the effects of inflation and foreign currency
exchange rate fluctuations around the world, the challenging
consumer retail markets in the United States, and the impact of
wars, acts of war and other conflicts around the world; 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 Skechers’ annual report on Form 10-K for the year ended December
31, 2023 and its quarterly reports on Form 10-Q in 2024. Taking
these and other risk factors associated with the COVID-19 pandemic
into consideration, the dynamic nature of these circumstances means
that what is stated in this press release could change at any time,
and as a result, actual results could differ materially from those
contemplated by such forward-looking statements. The risks included
here are not exhaustive. Skechers operates in a very competitive
and rapidly changing environment. New risks emerge from time to
time and we cannot predict all such risk factors, nor can we assess
the impact of all such risk factors on our business 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241112808954/en/
Media Contact: Jennifer Clay Skechers Global
jennc@skechers.com
Team Lewis Belgium Media Mailien Nguyen
mailien.nguyen@teamlewis.com +32472384951
Skechers USA (NYSE:SKX)
過去 株価チャート
から 11 2024 まで 12 2024
Skechers USA (NYSE:SKX)
過去 株価チャート
から 12 2023 まで 12 2024
