Item 2. Properties.

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Item 2. Properties.

We primarily lease space for our retail stores, showrooms, warehouses, and offices in various domestic and international locations. We do not own any real property except for our retail digital commerce call center and distribution facility in High Point, North Carolina, and our retail stores in Southampton and Easthampton, New York, and Nantucket, Massachusetts, which we own.

We believe that our existing facilities are well maintained, in good operating condition, and are adequate for our present level of operations.

The following table sets forth information relating to our principal properties as of March 30, 2024:

LocationUseApproximate Square Feet
NC Highway 66, High Point, NCWholesale and retail distribution facility847,000
N. Pendleton Street, High Point, NCRetail digital commerce call center and distribution facility805,000
Whitsett, NCWholesale and retail distribution facility360,000
Greensboro, NCWholesale and retail distribution facility357,400
650 Madison Avenue, NYCExecutive and corporate offices, design studio, and showrooms244,000
601 West 26th Street, NYCCorporate offices222,200
Long Island City, NYCorporate offices, design and digital production studios, showrooms, and warehousing169,600
Nutley, NJCorporate offices92,500
Spinners Building, Hong KongAsia sourcing offices69,200
Gateway Office, Hong KongAsia corporate offices37,500
Geneva, SwitzerlandEurope corporate office31,200
Shanghai, ChinaAsia corporate offices28,800
Watford, UKEurope corporate offices28,000
London, UKEurope corporate offices19,650
888 Madison Avenue, NYCRetail flagship store37,900
N. Michigan Avenue, ChicagoRetail flagship store37,500
New Bond Street, London, UKRetail flagship store31,500
867 Madison Avenue, NYCRetail flagship store27,700
Paris, FranceRetail flagship store25,700
Tokyo, JapanRetail flagship store25,200
N. Rodeo Drive, Beverly HillsRetail flagship store22,200
Milan, ItalyRetail flagship store14,900
Prince's Building, Hong KongRetail flagship store9,500

As of March 30, 2024, we directly operated 564 retail stores, totaling approximately 4.2 million square feet. We expect that we will be able to extend our retail store leases, as well as leases for our non-retail facilities, which expire in the near future on satisfactory terms or otherwise relocate to desirable alternate locations. We generally lease our freestanding retail stores for initial periods ranging from 3 to 10 years, with renewal options. See Item 1A — "Risk Factors — Risks Related to our Business and Operations — Our business is subject to risks associated with leasing real estate and other assets under long-term, non-cancellable leases."

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