869487--9/23/2008--TANDY_BRANDS_ACCESSORIES

related topics

{customer, product, revenue}

{operation, international, foreign}

{competitive, industry, competition}

{personnel, key, retain}

{condition, economic, financial}

{product, market, service}

Distribution problems could delay product shipments. The loss of, or problems with, third-party manufacturers could adversely impact our operations. Our business is dependent on our ability to maintain proper inventory levels. Price increases by our suppliers could negatively affect our operating results. Risks Relating To Our Industry Our business is highly subject to consumer preferences and fashion trends. Our industry is highly competitive and subject to pricing pressures that could adversely affect our financial position. Our industry is highly subject to economic cycles and retail industry conditions. Consolidation in the retail industry may negatively impact our operations. Risks Relating To International Operations We source most of our products from foreign countries. Fluctuations in foreign currencies could adversely impact our financial condition. Risks Relating To Our Company Our business depends on a limited number of key personnel with whom we do not have employment agreements. The loss of any one of these individuals could disrupt our business. We are dependent on the creative talent of our designers and the effectiveness of our sales personnel.

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869487--9/23/2008--TANDY_BRANDS_ACCESSORIES_INC