OXFORD INDUSTRIES INC
For the period ended Jan 31, 2026. Filed Mar 27, 2026.
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FY2026 · Filed Mar 27, 2026
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Item 2. Properties
We lease and own space for our direct to consumer locations, distribution centers, and sales/administration offices in various locations. We believe that our existing properties are well maintained, are in good operating condition and will be adequate for our present level of operations.
In the ordinary course of business, we enter into lease agreements for our direct to consumer operations, including leases for full-price retail store, food and beverage and outlet store space. The leases have varying terms and expirations and may have provisions to extend, renew or terminate the lease agreement, among other terms and conditions. At times, we may determine that it is appropriate to close certain direct to consumer or other locations that no longer meet our investment criteria, by either not renewing the lease, exercising an early termination option, negotiating an early termination or otherwise. Despite prevailing market conditions becoming increasingly competitive and commanding significantly higher rents for the most desired properties, we anticipate that we will be able to extend our leases for desirable locations, to the extent that they expire in the near future, on terms that are satisfactory to us, or if necessary, locate substitute properties on acceptable terms. The terms and conditions of lease renewals or relocations may not be as favorable as existing leases.
Details of the principal administrative, sales and distribution facilities used in our operations, including approximate square footage, are as follows:
| Location | Primary Use | Operating Segment | SquareFootage | LeaseExpiration |
|---|---|---|---|---|
| Seattle, Washington | Sales/administration | Tommy Bahama | 125,000 | 2037 |
| Auburn, Washington | Distribution center | Tommy Bahama | 335,000 | 2035 |
| King of Prussia, Pennsylvania | Sales/administration and distribution center | Lilly Pulitzer | 160,000 (1) | Owned |
| Los Angeles, California | Sales/administration | Johnny Was | 30,000 | 2032 |
| Atlanta, Georgia | Sales/administration | Corporate/Other | 17,000 | 2037 |
| Lyons, Georgia | Distribution center | Various | 420,000 | Owned |
| Lyons, Georgia(2) | Distribution center | Various | 562,000 | Owned |
(1)The King of Prussia facility is comprised of two separate buildings
(2)The new Lyons, Georgia facility was opened in February 2026.
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