Our products are sold to consumers through high-end department stores and boutiques
located throughout the world.
For our Hudson® brand, we currently sell to domestic department stores
such as Macy's Inc., which includes Bloomingdale's and Macy's, Neiman Marcus,
Nordstrom, Saks Fifth Avenue, Von Maur, Lord & Taylor, Dillard's and Belk
stores and approximately 1,000 specialty retailers, which include American Rag,
Amazon, Revolve Clothing and Shop Bop in the United States. We sell internationally
to distributors and our products can be found in major retailers in countries
such as France, Japan, Italy, Germany, Russia, Spain, Sweden and Turkey. In
addition, we also sell prior season or excess merchandise to off-price retailers.
For our Robert Graham® brand, we currently sell to approximately 800 doors
through domestic department stores such as Bloomingdale's, Neiman Marcus, Nordstrom,
Saks Fifth Avenue, Von Maur and specialty retailers, which include, Amazon,
DXL/Rochester Big & Tall, Patrick James and The Club in the United States.
We sell internationally to a distributor in Canada and our products can be found
in major retailers. In addition, we also sell prior season or excess merchandise
to off-price retailers.
The Hudson® website, www.hudsonjeans.com, and the Robert Graham® website,
www.robertgraham.us, were established to promote and advance the image of both
the Hudson® and Robert Graham® brands and to allow consumers to review
and purchase online the latest collection of products. The information available
on the websites is not intended to be incorporated into this Annual Report.
We currently use both online and print advertising to create brand awareness
with customers as well as consumers.
We do not enter into long-term agreements with any of our customers. Instead,
we receive individual purchase order commitments from our customers. A decision
by the controlling owner of a group of stores or any other significant customer,
including our limited number of private label customers, whether motivated by
competitive conditions, financial difficulties or otherwise, to decrease the
amount of merchandise purchased from us, to change their manner of doing business
with us, to cancel orders previously placed in advance of shipment dates or
a decision to cease carrying our products could have a material adverse effect
on our financial condition and results of operations.