Question-and-Answer Session
Operator
All right, thank you sir. (Operator Instructions). Our first question is from Jeff Mintz with Wedbush. Please go ahead.
Jeff Mintz - Wedbush
Thank you very much. Good afternoon, guys. David, can you talk a little bit about the plans for the distribution center and what your $80 million to $90 million 2009 CapEx estimate includes for that?
David Weinberg
Yeah, I don't know if most of you are aware, but in Moreno Valley, we got the approval to go forward, we got City Council approval. It was a 50 vote about two weeks ago. So, we are working on the final plan. As Fred said in his comments, we’ve already spent $23 million committed to purchase for the inside of that.
The total we believe inside will be somewhere in the $75 million to $80 million range. So, give or take an $80 million we still have $57 million to spend and that is obviously the most significant piece of the $80 million, $90 million to be spent in 2009.
Jeff Mintz - Wedbush
Okay. So, but that is included, 80 to 90 includes that 57?
Frederick Schneider
Yes, it does.
Jeff Mintz - Wedbush
Okay, great. And then on gross margin, I believe in the press release it said that you think by the second half of the year you can get back over 40, looking at a little longer term you’ve talked in the past about a 42 to 43 range being, where you think the company can be. Do you see that is being achievable, somewhere down the line again?
David Weinberg
Yeah. As we said in the past that's usually a mix issue and at some degree a currency issue. As we start these joint ventures in China and Hong Kong and Brazil, they are also subject to currency fluctuations. So, we do believe currency somewhere down the road in the next three to four years will come even slightly larger piece of our gross margin than it is today.
We can open some hedging opportunities that which we are looking in to. So, I think on its basis, its certainly is possible given today's environment that we will be back in to the low 40s, 42, 43 plus in the next couple of years if retail comes out and stays healthy.
Jeff Mintz - Wedbush
Okay, great. And then finally just on the fashion brands and everything besides SKECHERS, can you just give us a sense of the size of that business now, how much of an impact it has on the overall numbers?
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