−Removed: States Based Operations
−Removed: maintain our corporate headquarters and United States based operations in approximately 32,000 square feet with a term that expires
−Removed: on December 31, 2029, and have been at the same location in New York City since 1992.
−Removed: We also have a 140,000 square foot distribution
−Removed: center in New Jersey, and this lease expires on October 31, 2025.
−Removed: In October 2021 we leased office space in Florence, Italy for
−Removed: a 6-year term with an option for an additional 6 years for Interparfums Italia Srl, and office space in Paris, France.
−Removed: maintain a distribution center in Liscate, Italy.
−Removed: In 2023 we obtained small, leased space for our new sales subsidiaries in Dubai
−Removed: and Switzerland, in addition to maintaining a leased sales office in Hong Kong.
−Removed: Based Operations
−Removed: March 2022, our European based operations have maintained their corporate headquarters at 10 rue de Solférino in the 7th
−Removed: arrondissement of Paris.
−Removed: This is an office complex combining three buildings connected by two inner courtyards and consists of
−Removed: approximately 40,000 total sq.
−Removed: United States distribution operations for European based operations maintain their headquarters
−Removed: in New York City, with a lease that expires in May 2029.
−Removed: During 2022, we also purchased several small apartments at 96 rue de
−Removed: l’Université, Paris adjacent to the main office complex and have converted them into additional offices.
−Removed: office is located in Singapore for Asia-Pacific distribution by European based operations.
−Removed: addition, European based operations maintain an approximately 37,000 square meters (approximately 398,265 square feet) distribution
−Removed: center located in Criquebeuf sur Seine, France, with a term that expires May 2027 and an option to extend the term for an additional
−Removed: Interparfums SA also has several agreements for warehousing and distribution services which are renewed on an annual
−Removed: basis, as well as one with a service provider that expires in 2024.
−Removed: Fees for such services are partially calculated based upon
−Removed: a percentage of sales, which is customary in the industry.
−Removed: believe our office and warehouse facilities are satisfactory for our present needs and those for the foreseeable future.
+Added: United States Based Operations
+Added: We maintain our corporate headquarters and United States based operations in approximately 32,000 square feet with a term that expires on December 31, 2029, and have been at the same location in New York City since 1992 .
+Added: We also have a 140,000 square foot distribution center in New Jersey, and this lease expires on October 31, 2025.
+Added: In addition, we have negotiated a 5 year Logistics Services Agreement with Ceva Air & Ocean USA Inc., which we anticipate will commence on approximately June 1, 2025, and which may be terminated sooner by either party upon 90 days' notice.
+Added: In October 2021 we leased office space in Florence, Italy for a 6 -year term with an option for an additional 6 years for Interparfums Italia Srl, and office space in Paris, France.
+Added: We also maintain a distribution center in Liscate, Italy.
+Added: In 2023 we obtained small, leased space for our new sales subsidiaries in Dubai and Switzerland, in addition to maintaining a leased sales office in Hong Kong.
+Added: European Based Operations
+Added: Since March 2022, our European based operations have maintained their corporate headquarters at 10 rue de Solférino in the 7 th arrondissement of Paris.
+Added: This is an office complex combining three buildings connected by two inner courtyards and consists of approximately 40,000 total sq.
+Added: United States distribution operations for European based operations maintain their headquarters in New York City, with a lease that expires in May 2029.
+Added: Since 2022 , we also purchased several small apartments at 96 rue de l’Université, Paris adjacent to the main office complex and are converting them into additional offices.
+Added: An office is located in Singapore for Asia-Pacific distribution by European based operations.
+Added: In addition, European based operations maintain an approximately 37,000 square meters (approximately 398,265 square feet) distribution center located in Criquebeuf sur Seine, France, with a term that expires May 2027 and an option to extend the term for an additional two years.
+Added: Interparfums SA also has several agreements for warehousing and distribution services which are renewed on a three -year basis.
+Added: Fees for such services are partially calculated based upon a percentage of sales, which is customary in the industry.
+Added: We believe our office and warehouse facilities are satisfactory for our present needs and those for the foreseeable future.
Legal Proceedings
−Removed: are not a party to any material lawsuits.
+Added: We are not a party to any material lawsuits.
Mine Safety Disclosures
+Added: Not applicable.
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.