Risk Factors Update Summary
- Revenue from international sources increased from 55% to 56%, impacting financial condition.
- Licensing agreements for brands represented 53.9% of net sales, down from 54.6%.
- The Company relies on only three Swiss watch movement manufacturers, affecting operations.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=72573&owner=exclude
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