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, except for our retail digital commerce call center and distribution facility in High Point, North Carolina, and our retail stores in New York City (Prince Street), Southampton and Easthampton, New York, and Nantucket and Boston (Newbury Street), 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 28, 2026:

LocationUseApproximate Square Feet
NC Highway 66, High Point, NCWholesale and retail distribution facility1,047,000
N. Pendleton Street, High Point, NCRetail digital commerce call center and distribution facility805,000
601 West 26th Street, NYCCorporate offices and showrooms288,600
Long Island City, NYCorporate offices, design and digital production studios, showrooms, and warehousing176,500
650 Madison Avenue, NYCExecutive and corporate offices, design studio, and showrooms141,900
Gunpo, South KoreaWholesale and retail distribution facility133,100
Nutley, NJCorporate offices92,500
83 King Lam Street, Hong KongAsia sourcing offices65,900
Gateway Office, Hong KongAsia corporate offices37,500
Geneva, SwitzerlandEurope corporate office31,200
Seoul, South KoreaAsia corporate offices29,600
Shanghai, ChinaAsia corporate offices28,800
Katonah, NYCorporate offices and showroom25,000
Tokyo, JapanAsia corporate offices24,700
Watford, UKEurope corporate offices23,800
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 store7,900

As of March 28, 2026, we directly operated 594 retail stores, totaling approximately 4.1 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 terms 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 related to leasing real estate and other assets under long-term, non-cancellable leases."

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