Industry News 1/16/2007

Reef Signs Lease to Relocate Global Headquarters


Reef Signs Lease to Relocate Global Headquarters

January 16th, 2007 (San Diego, CA) – After nearly a decade at its current site in Kearny Mesa, Reef announces plans to migrate its global headquarters north to a 52,000 square foot office in Carlsbad, CA. In April of this year, 120 Reef employees will head to the newly remodeled building, located at 5935 Darwin Court near Palomar Airport Road.

The new coastal location will expand Reef’s current work space by more than 15,000 square feet, and will provide the company room to grow by another 55 people over the next 5 years.
   
“This move is key to support Reef’s existing growth along with our plans for the future to launch girls’ apparel, swimwear, and girls’ closed-toed shoes in Spring 2008. The increase in space, along with the proximity to the beach is the catalysts behind this move,” stated John Wilson, President of Reef. 

This strategic move is an integral step for Reef as a global apparel and footwear brand.
With Reef’s new headquarters centrally located between San Diego and Orange County, the company will be able to better service retailers with showrooms, easily allowing customers to book business each season from the office, while also giving team riders and media easier access to Reef. 

The new building will encompass an overall natural aesthetic with inspirations of the Reef brand from athlete memorabilia, rooms dedicated to art and music, a gym, outdoor showers and surf racks, as well as a view of the ocean from the upper mezzanine.

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About Reef
Reef is one of the premier action sports brands in the world, and exemplifies the cool and casual attitudes of today’s youth driven boardsport market. Our brand is defined by the elite class of athletes that represent Reef products, as well as our core consumers who identify with Reef’s unique blend of surf, sensuality and irreverent sensibility. At the core of the Reef brand are authentic, stylish, and comfort engineered products that have appealed to the millions of Reef consumers around the world since the company originated in 1984.  
www.reef.com