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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 Date of Report (Date of Earliest Event Reported):
March 23, 2020

 

Inter Parfums, Inc.
(Exact name of Registrant as specified in its charter)

 

Delaware   0-16469   13-3275609
(State or other jurisdiction of
incorporation or organization)
  Commission File Number   (I.R.S. Employer
Identification No.)

 

551 Fifth Avenue, New York, New York 10176
(Address of Principal Executive Offices)

 

212. 983.2640
(Registrant’s Telephone number, including area code)

 

  

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 280.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 280.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 280.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§280.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $.001 par value per share   IPAR   The Nasdaq Stock Market

  

 

 

 

 

  

Item 7.01 Regulation FD Disclosure

 

Certain portions of our press release dated March 23, 2020, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are furnished pursuant to this Item 7.01 and Regulation FD. They are as follows:

 

Portions of the 2nd paragraph relating to our expectations after the health crisis has passed

 

Portions of the 3rd paragraph relating to minimizing fixed expenses and preserving cash flow

 

Portions of the 4th and 5th paragraphs relating anticipated future increased demand

 

Portions of the 5th paragraph relating to uncertainties resulting from the global health crisis and the concurrent business interruption, and hope for short term impact

 

Portions of the 6th paragraph relating to future revisiting of guidance after greater visibility

 

The 8th paragraph relating to forward looking statements

 

The balance of such press release not otherwise incorporated by reference in Item 8.01

 

Item 8.01 Other Matters

 

The 1st paragraph introducing the business update

 

Portions of the 2nd paragraph relating to the actions taken with regard to employees and business partners, compliance with governmental requirements in various territories and conservative financial tradition

 

Portions of the 3rd paragraph relating to 2020 historical balance sheet information

 

Portions of the 3rd paragraph confirming timely payment of next dividend on April 15, 2020

 

Portions of the 4th paragraph relating to sales in China and South Korea returning more to normal levels, maintaining reasonable levels of inventory and gearing up to fill distribution channels after the health crisis has passed, and gaining of local market data

 

The first sentence of the 5th paragraph relating to fundamental soundness of our company

 

The first sentence of the 6th paragraph relating to withdrawal of previously issued 2020 full year guidance due to uncertainties resulting from the global health crisis and the concurrent business interruption

 

Item 9.01 Financial Statements and Exhibits.

 

99.1   Our press release dated March 23, 2020

 

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SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and authorized this report to be signed on its behalf by the undersigned.

 

Dated: March 24, 2020

 

  Inter Parfums, Inc.
   
  By: /s/ Russell Greenberg
    Russell Greenberg,
    Executive Vice President
    and Chief Financial Officer

 

 

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