6 unchanged sentences
Retail Stores
−Removed: As of January 31, 2025, we operated 107 Vilebrequin retail stores, 49 DKNY and Karl Lagerfeld Paris stores, 64 Karl Lagerfeld stores and 1 Sonia Rykiel store.
+Added: As of January 31, 2026, we operated 104 Vilebrequin retail stores, 13 DKNY stores, 34 Karl Lagerfeld Paris stores and 67 Karl Lagerfeld stores.
Most leases for retail stores in the United States require us to pay annual minimum rent plus a contingent rent dependent on the store’s annual sales in excess of a specified threshold.
4 unchanged sentences
Vilebrequin has 55 stores located in Europe, 23 stores located in the United States, 13 stores located in Asia, 9 stores located in Mexico and 4 stores in the Caribbean.
−Removed: DKNY has 12 stores located in the United States and 2 stores located in Europe.
+Added: DKNY has 12 stores located in the United States and 1 store located in Europe.
Karl Lagerfeld Paris has 30 stores located in the United States and 4 store located in Canada.
−Removed: Sonia Rykiel has 1 store located in Europe.
Karl Lagerfeld has 67 stores located in Europe.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.