6 unchanged sentences
Corporate Office and showrooms
−Removed: March 2023 / March 2028
+Added: March 2023 through March 2028
231 West 39th Street, New York City
7 unchanged sentences
Distribution center
−Removed: Brooklyn Park, Minnesota
−Removed: Retail operations office, warehouse and distribution facility
−Removed: As a result of the restructuring of our retail operations segment, the lease at our Brooklyn Park, Minnesota warehouse and distribution facility is expiring in April 2022 and will not be renewed.
−Removed: Our inventory, shipping and logistics needs for our retail operations segment will be operated from our other distribution centers.
+Added: The leases for a large portion of our corporate office and showrooms located at 500 and 512 Seventh Avenue, New York City expires in March 2023.
+Added: We are currently engaged in discussions with the landlord with respect to the renewal of these leases.
Retail Stores
−Removed: As of January 31, 2022, we operated 96 Vilebrequin retail stores and 60 DKNY and Karl Lagerfeld Paris stores.
+Added: As of January 31, 2023, we operated 97 Vilebrequin retail stores, 59 DKNY and Karl Lagerfeld Paris stores, 62 Karl Lagerfeld stores and 4 Sonia Rykiel stores.
In addition, we operated 22 DKNY stores in China that are 75% owned by us.
4 unchanged sentences
Our leases expire at varying dates through 2035.
−Removed: Almost all of our stores, other than certain Vilebrequin and DKNY stores, are located in the United States.
Vilebrequin has 56 stores located in Europe, 20 stores located in the United States, 11 stores located in Asia, 7 stores located in Mexico and 3 stores in the Caribbean.
−Removed: DKNY has 30 stores located in the United States, 3 stores located in Canada and 4 stores located in Europe.
+Added: DKNY has 22 stores located in the United States, 5 stores located in Europe and 2 stores located in Canada.
In addition, DKNY has 22 stores located in Asia operated by Fabco.
+Added: Karl Lagerfeld Paris has 29 stores located in the United States and 1 store located in Canada.
+Added: Sonia Rykiel has 3 stores located in Europe and 1 store located in the United States.
+Added: Karl Lagerfeld has 62 stores located in Europe.
The following table indicates the periods during which our retail leases expire:
2 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.