Item 2. Properties
ITEM 2. PROPERTIES
The following table sets forth the location, use and size of the Company's key fulfillment, corporate and product development facilities as of July 2, 2022. The majority of the properties are leased, with the leases expiring at various times through fiscal 2037, subject to renewal options.
Location Use Approximate
Square Footage
Jacksonville, Florida Coach North America fulfillment and customer service 1,050,000
Westchester, Ohio Kate Spade North America fulfillment 601,000
New York, New York Corporate, design, sourcing and product development 546,000
Chiba, Japan Japan regional fulfillment 278,000
Shanghai, China Asia regional fulfillment 179,000
New York, New York Kate Spade corporate management 135,000
North Bergen, New Jersey Corporate office and customer service 106,000
Tokyo, Japan Corporate and regional management 24,900
Shanghai, China Coach Greater China regional management 23,000
Elda, Spain Stuart Weitzman regional management, sourcing and quality control 19,000
Seoul, South Korea Corporate regional management 18,000
Dongguan, China Corporate sourcing, quality control and product development 17,000
London, England International regional management 16,500
Ho Chi Minh City, Vietnam Coach sourcing and quality control 12,600
Shanghai, China Asia regional management 10,200
Singapore Coach Singapore regional management, sourcing and quality control 8,700
Hong Kong SAR, China Coach sourcing and quality control 8,500
In addition to the above properties, the Company occupies leased retail and outlet store locations located in North America and internationally for each of our brands. These leases expire at various times through fiscal 2034. The Company considers these properties to be in generally good condition, and believes that its facilities are adequate for its operations and provide sufficient capacity to meet its anticipated requirements. Refer to Item 1. "Business," for further information.
ITEM 3. LEGAL PROCEEDINGS
Information regarding legal proceedings is set forth in Note 13, Commitments and Contingencies, of the "Notes to Consolidated Financial Statements" and is incorporated herein by reference.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
30
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.