Company: IPAR
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001753926-25-000424
Chunk: 14

Company: INTERPARFUMS INC
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 14
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 business operations, financial
condition, and results of operations could be significantly affected by these
measures and the potential expansion of existing tariffs or implementation of
new tariffs, trade restrictions, or retaliatory measures by China, Mexico, or
Canada that could disrupt our established supply chain, increase costs of goods
sold into the United States and this in turn could require us to increase
prices to our customers which may reduce demand, or, if we are unable to
increase prices, result in lowering our margin on products sold.
We cannot predict future trade policy or the
terms of any renegotiated trade agreements and their impact on our business.
The adoption and expansion of trade restrictions, the occurrence of a trade
war, or other governmental action related to tariffs or trade agreements or
policies has the potential to adversely impact demand for our products, our
costs, our customers, our suppliers, and the US economy, which in turn could
adversely impact our business, financial condition and results of operations. 
 
Terrorist attacks, acts of war or military actions, other civil unrest or natural disasters may adversely affect territories in which we operate, and therefore affect our business, financial condition and operating results. 
 
Terrorist attacks such as those that have previously occurred in Paris, France where we have our European headquarters, among other locations, and attempted terrorist attacks, military responses to terrorist attacks, other military actions, or governmental action in response to or in anticipation of a terrorist attack, or civil unrest as occurring in the Middle East and Africa or natural disasters, such as the recent wild fires in southern California,  may adversely affect prevailing economic conditions. These events could result in work stoppages, reduced consumer spending or reduced demand for our products. These developments subject our worldwide operations to increased risks and, depending on their magnitude, could reduce net sales and therefore could have a material adverse effect on our business, financial condition and operating results.
 
The loss of or disruption in our distribution facilities could have a material adverse effect on our business, financial condition and operating results. 
 
We currently have several distribution facilities in Europe, China and the United States. The loss of any of those facilities, as well as the inventory stored in those facilities, would require us to find replacement facilities and assets. In addition, terrorist attacks or acts of God, such as extreme weather conditions, natural disasters and the like, could disrupt our distribution operations. If we cannot replace our distribution capacity and inventory in a timely, cost-efficient manner, then such