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Subsequent Events
12 Months Ended
Jan. 31, 2020
Subsequent Events [Abstract]  
Subsequent Event

NOTE 14. SUBSEQUENT EVENT

 

In March 2020, the World Health Organization declared the outbreak of a novel COVID-19 as a pandemic, which continues to spread throughout the United States.  In terms of the Company’s business, the Company does not anticipate a significant near term inventory or supply chain impact from the virus, but the Company has decided to close its 26 U.S. stores for several weeks, as part of the societal response to the current situation.  While retail sales are less than 5% of the Company’s total revenues and the disruption is expected to be temporary, the Company has also seen a negative impact on customer demand.  The Company cannot reasonably estimate the length or severity of this pandemic.  Therefore, while the Company expects this matter to negatively impact its business, results of operations, and financial position, the related financial impact cannot be reasonably estimated at this time.