Perfumania (PERFQ) 10-Q 15 Dec 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2015	Dec. 15, 2015
Entity Information [Line Items]
Entity Registrant Name	Perfumania Holdings, Inc.
Entity Central Index Key	880,460
Current Fiscal Year End Date	--01-30
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Oct. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		15,493,763

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015
Current assets:
Cash	$ 1,290	$ 1,533
Accounts receivable, net of allowances of $1,090 and $1,271, as of October 31, 2015 and January 31, 2015 respectively	60,273	27,777
Inventory, Net	256,742	253,371
Prepaid expenses and other current assets	14,489	13,775
Total current assets	332,794	296,456
Property and equipment, net	25,313	24,640
Goodwill	38,769	38,769
Intangible and other assets, net	21,775	26,367
Total assets	418,651	386,232
Current liabilities:
Accounts payable	51,086	39,263
Accounts payable-affiliates	908	269
Accrued expenses and other liabilities	30,726	28,254
Current portion of obligations under capital leases	1,206	1,104
Total current liabilities	83,926	68,890
Revolving credit facility	65,527	37,561
Notes payable, affiliates	125,366	125,366
Long-term portion of obligations under capital leases	1,564	2,459
Other long-term liabilities	60,634	56,662
Total liabilities	$ 337,017	$ 290,938
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.10 par value, 1,000,000 shares authorized, as of October 31, 2015 and January 31, 2015, none issued	$ 0	$ 0
Common stock, $0.01 par value, 35,000,000 shares authorized;16,392,012 shares and 16,374,625 shares issued as of October 31, 2015 and January 31, 2015, respectively	164	164
Additional paid-in capital	221,881	221,607
Accumulated deficit	(131,834)	(117,900)
Treasury stock, at cost, 898,249 shares as of August 1, 2015 and January 31, 2015	(8,577)	(8,577)
Total shareholders’ equity	81,634	95,294
Total liabilities and shareholders’ equity	$ 418,651	$ 386,232

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015
Accounts receivable, allowance for doubtful accounts	$ 1,090	$ 1,271
Preferred stock par value	$ 0.10	$ 0.10
Preferred stock shares authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	0	0
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	35,000,000	35,000,000
Common stock shares issued	16,392,012	16,374,625
Treasury stock shares	898,249	898,249

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Net sales	$ 141,975	$ 154,329	$ 379,491	$ 400,449
Cost of goods sold	75,690	81,202	199,672	213,673
Gross profit	66,285	73,127	179,819	186,776
Operating expenses:
Selling, General and Administrative Expenses	58,612	60,775	180,279	174,540
Share-based compensation expense	43	104	217	313
Depreciation and amortization	2,754	2,383	7,954	7,672
Total operating expenses	61,409	63,262	188,450	182,525
Income (loss) from operations	4,876	9,865	(8,631)	4,251
Interest expense	(1,848)	(2,358)	(5,303)	(7,113)
Income (loss) before income tax provision	3,028	7,507	(13,934)	(2,862)
Income Tax Provision	0	0	0	0
Net income (loss)	$ 3,028	$ 7,507	$ (13,934)	$ (2,862)
Net income (loss) per common share:
Basic	$ 0.20	$ 0.49	$ (0.90)	$ (0.19)
Diluted	$ 0.20	$ 0.48	$ (0.90)	$ (0.19)
Weighted average number of common shares outstanding:
Basic	15,493,763	15,445,951	15,488,702	15,408,105
Diluted	15,494,973	15,496,718	15,488,702	15,408,105

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Shareholders' Equity - 9 months ended Oct. 31, 2015 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]
Balance, shares at Jan. 31, 2015		16,374,625			898,249
Balance at Jan. 31, 2015	$ 95,294	$ 164	$ 221,607	$ (117,900)	$ (8,577)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation expense	217		217
Exercise of stock options, shares		17,387
Exercise of stock options	57		57
Net loss	(13,934)			(13,934)
Balance, shares at Oct. 31, 2015		16,392,012			898,249
Balance at Oct. 31, 2015	$ 81,634	$ 164	$ 221,881	$ (131,834)	$ (8,577)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014
Cash flows from operating activities:
Net loss	$ (13,934)	$ (2,862)
Adjustments to reconcile net loss to net cash used in)operating activities:
Amortization of deferred financing costs	257	526
Depreciation and amortization	7,954	7,672
Recovery for losses on accounts receivable	(181)	(165)
Share-based compensation expense	217	313
Change in operating assets and liabilities net of effect of acquisition:
Accounts receivable	(32,315)	(26,573)
Inventories	(3,371)	(16,449)
Prepaid expenses and other assets	247	(164)
Accounts payable	11,823	7,420
Accounts payable-affiliates	639	(183)
Accrued expenses and other liabilities and other long-term liabilities	6,444	9,216
Net cash used in operating activities	(22,220)	(21,249)
Cash flows from investing activities:
Additions to property and equipment	(5,253)	(8,919)
Additions to tradenames and licenses	0	(300)
Net cash used in investing activities	(5,253)	(9,219)
Cash flows from financing activities:
Net borrowings under bank line of credit	27,966	34,148
Principal payments under capital lease obligations	(793)	(701)
Payments for deferred financing costs	0	(1,237)
Proceeds from exercise of stock options	57	393
Net cash provided by financing activities	27,230	32,603
Net (decrease) increase in cash and cash equivalents	(243)	2,135
Cash and cash equivalents at beginning of period	1,533	1,553
Cash and cash equivalents at end of period	1,290	3,688
Supplemental Information:
Cash paid during the period for Interest	1,084	1,961
Cash paid during the period for Income taxes	$ 611	$ 680

Basis of Presentation and Opera

Basis of Presentation and Operations	9 Months Ended
	Oct. 31, 2015
Basis of Presentation and Operations [Abstract]
Basis of Presentation and Operations	BASIS OF PRESENTATION AND OPERATIONS The condensed consolidated balance sheet of Perfumania Holdings, Inc. and Subsidiaries (the "Company") as of January 31, 2015 , which has been derived from our audited financial statements as of and for the year ended January 31, 2015 , and the accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. Certain information and note disclosures normally included in annual financial statements, prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), have been condensed or omitted pursuant to those rules and regulations. The financial information presented herein, which is not necessarily indicative of results to be expected for the full current fiscal year, reflects all adjustments which, in the opinion of management, are necessary for a fair presentation of the interim unaudited condensed consolidated financial statements. Such adjustments are of a normal, recurring nature. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2015 . Due to the seasonality of the Company’s business, with the most significant activity occurring from September through December each year, the results of operations for the thirty-nine weeks ended October 31, 2015 (also referred to as the "third quarter of fiscal 2015") are not necessarily indicative of results to be expected for the full fiscal year. The Company is an independent, national, vertically integrated wholesale distributor and specialty retailer of perfumes and fragrances that conducts business through six wholly-owned operating subsidiaries; Perfumania, Inc. (“Perfumania”), Quality King Fragrance, Inc. (“QFG”), Scents of Worth, Inc. ("SOW"), Perfumania.com, Inc. (“Perfumania.com”), Parlux Fragrances, LLC ("Parlux") and Five Star Fragrance Company, Inc. (“Five Star”). We operate in two industry segments, wholesale distribution and specialty retail sales of designer fragrances and related products. Our wholesale businesses include QFG, Parlux and Five Star. QFG distributes designer fragrances to mass market retailers, drug and other chain stores, retail wholesale clubs, traditional wholesalers, and other distributors throughout the United States. It sells principally to retailers such as Kohl's, Marshalls, Nordstrom Rack, Ross Stores, Sears, Wal-Mart and Walgreens. The Company’s manufacturing divisions, Parlux and Five Star, own and license designer and other fragrance brands that are sold to regional and national department stores, including Belk, Bon Ton, Boscovs, Dillards, Lord & Taylor, Macy's, Nordstrom and Stage Stores, international distributors, on military bases throughout the United States, by QFG and through the Company's retail business which is discussed below. Parlux also fulfills a selection of fragrances for several online retailers, shipping directly to their customers and billing the retailers. Five Star also manufactures, on behalf of Perfumania, the Jerome Privee product line, which includes bath and body products and which is sold exclusively in Perfumania's retail stores. All manufacturing operations of Parlux and Five Star are outsourced. Our retail business is conducted through the following subsidiaries: • Perfumania, a specialty retailer of fragrances and related products, • SOW, which sells fragrances in retail stores on a consignment basis, and • Perfumania.com, an Internet retailer of fragrances and other specialty items. As of October 31, 2015 , Perfumania operated a chain of 319 retail stores specializing in the sale of fragrances and related products at discounted prices up to 75% below the manufacturers’ suggested retail prices. Perfumania.com, our Company-owned website, offers a selection of our more popular products for sale online. SOW operates the largest national designer fragrance consignment program, with contractual relationships to sell products on a consignment basis in approximately 1,950 stores, including approximately 900 Kmart locations nationwide. Its other retail customers include Bealls, Burlington Coat Factory, Catherines, K & G and Steinmart.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2015
RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS In November 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes, as part of the FASB’s Simplification Initiative, the objective of which is to identify, evaluate, and improve areas of U.S. GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users. The ASU simplifies the presentation of deferred income taxes under U.S. GAAP by requiring that all deferred tax assets and liabilities be classified as non-current. For public companies, the amendments are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company is currently evaluating the impact that this guidance may have on its condensed consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, intended to simplify the presentation of debt issuance costs. The guidance requires that debt issuance costs related to a recognized debt liability be presented on the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with the presentation for debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. In August 2015, the FASB issued ASU No. 2015-15, Interest-Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcements at the June 2015 EITF Meeting. ASU 2015-15 amends Subtopic 835-30 to include that the SEC would not object to the deferral and presentation of debt issuance costs as an asset and subsequent amortization of debt issuance costs over the term of the line-of-credit arrangement, whether or not there are any outstanding borrowings on the line-of-credit arrangement. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2015, and must be applied on a retrospective basis with early adoption permitted. This guidance is not expected to have a material impact on the Company's condensed consolidated financial statements. In May 2014, the FASB issued ASC Topic 606, Revenue from Contracts with Customers ("ASC 606"), which supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. This guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services, and expands the related disclosure requirements. The new standard was originally scheduled to be effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. In August 2015, the FASB delayed the effective date of this guidance for one year. With the deferral, the new standard is effective for annual reporting periods beginning after December 15, 2017, and interim periods therein, with an option to adopt the standard on the originally scheduled effective date. The Company is currently evaluating the impact that this new guidance may have on its consolidated financial statements.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Oct. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS Goodwill in the amount of $38.8 million at October 31, 2015 and January 31, 2015 resulted from the April 18, 2012 acquisition of Parlux. The following table provides information related to goodwill and intangible assets (in thousands). Intangible assets are included in intangible and other assets, net on the accompanying condensed consolidated balance sheets as of October 31, 2015 and January 31, 2015 : October 31, 2015 January 31, 2015 Useful Life (years) Original Cost Accumulated Amortization Net Book Value Original Cost Accumulated Amortization Net Book Value Goodwill N/A $ 38,769 $ — $ 38,769 $ 38,769 $ — $ 38,769 Tradenames 4-20 9,608 7,804 1,804 9,608 7,504 2,104 Customer relationships 10 5,171 1,853 3,318 5,171 1,465 3,706 Favorable leases 7 886 834 52 886 739 147 License agreements 3-5 16,413 13,835 2,578 16,413 11,243 5,170 Tradename (non-amortizing) N/A 8,500 — 8,500 8,500 — 8,500 $ 79,347 $ 24,326 $ 55,021 $ 79,347 $ 20,951 $ 58,396 In accordance with US GAAP, goodwill and intangible assets with indefinite lives are not amortized, but rather tested for impairment at least annually by comparing the estimated fair values to their carrying values. Trademarks, including tradenames and owned licenses having finite lives, are amortized over their respective lives to their estimated residual values and are also reviewed for impairment in accordance with accounting standards when changes in circumstances indicate the assets’ values may be impaired. Customer relationships are amortized over the expected period of benefit and license agreements are amortized over the remaining contractual term. Impairment testing is based on a review of forecasted operating cash flows and the profitability of the related brand to determine its fair value. There were no triggering events during the thirteen or thirty-nine weeks ended October 31, 2015 that would indicate potential impairment and the requirement to review the carrying value of goodwill and intangible assets. Amortization expense associated with intangible assets subject to amortization is included in depreciation and amortization on the accompanying condensed consolidated statements of operations. Amortization expense for intangible assets subject to amortization was $1.1 million for both thirteen week periods ended October 31, 2015 and November 1, 2014 , and $3.3 million for both thirty-nine week periods ended October 31, 2015 and November 1, 2014 . As of October 31, 2015 , estimated future amortization expense associated with intangible assets subject to amortization is as follows (in thousands): Fiscal Year Amortization Expense Remainder of 2015 $ 1,125 2016 1,929 2017 1,385 2018 999 2019 715 2020 684 Thereafter 915 $ 7,752

Accounting For Share-Based Paym

Accounting For Share-Based Payments	9 Months Ended
	Oct. 31, 2015
ACCOUNTING FOR SHARE-BASED PAYMENTS [Abstract]
Accounting for Share-Based Payments	ACCOUNTING FOR SHARE-BASED PAYMENTS The 2010 Equity Incentive Plan (the “2010 Plan”) provides for equity-based awards to the Company’s employees, directors and consultants. Under the 2010 Plan, the Company initially reserved 1,000,000 shares of common stock for issuance. This number automatically increases on the first trading day of each fiscal year beginning with fiscal 2011, by an amount equal to 1.5% of the shares of common stock outstanding as of the last trading day of the immediately preceding fiscal year; accordingly, 1,961,898 shares of common stock were reserved for issuance as of October 31, 2015 . The Company previously had two stock option plans which expired on October 31, 2010. No further awards will be granted under these plans, although all options previously granted and outstanding will remain outstanding until they are either exercised or forfeited. As of October 31, 2015 , 814,252 stock options have been granted pursuant to the 2010 Plan. The following is a summary of the stock option activity during the thirty-nine weeks ended October 31, 2015 : Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2015 1,230,253 $ 8.43 Granted 10,000 5.32 Exercised (17,387 ) 3.27 Forfeited (258,950 ) 9.88 Outstanding as of October 31, 2015 963,916 $ 8.10 6.2 $ — Vested and expected to vest as of October 31, 2015 932,662 $ 8.11 6.2 $ — Exercisable as of October 31, 2015 932,662 $ 8.11 6.2 $ — The following is a summary of stock warrants activity during the thirty-nine weeks ended October 31, 2015 : Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2015 6,299,971 $ 11.80 Granted — — Exercised — — Forfeited — — Outstanding as of October 31, 2015 6,299,971 $ 11.80 2.6 $ — Vested as of October 31, 2015 6,299,971 $ 11.80 2.6 $ — Exercisable as of October 31, 2015 6,299,971 $ 11.80 2.6 $ — Share-based compensation expense was less than $0.1 million and $0.1 million during the thirteen weeks ended October 31, 2015 and November 1, 2014 , respectively, and $0.2 million and $0.3 million during the thirty-nine weeks ended October 31, 2015 and November 1, 2014 , respectively.

Revolving Credit Facility and N

Revolving Credit Facility and Notes Payable to Affiliates	9 Months Ended
	Oct. 31, 2015
REVOLVING CREDIT FACILITY AND NOTES PAYABLE TO AFFILIATES [Abstract]
Revolving Credit Facility and Notes Payable to Affiliates	REVOLVING CREDIT FACILITY AND NOTES PAYABLE TO AFFILIATES The Company’s revolving credit facility and notes payable to affiliates consist of the following: October 31, 2015 January 31, 2015 (in thousands) Revolving credit facility, interest payable monthly, secured by a pledge of substantially all of the Company's assets $ 65,527 $ 37,561 Subordinated notes payable-affiliates 125,366 125,366 190,893 162,927 Less current portion — — Total long-term debt $ 190,893 $ 162,927 The Company has a revolving Senior Credit Facility with a syndicate of banks that is used for the Company’s general corporate purposes and those of its subsidiaries, including working capital and capital expenditures. The maximum borrowing amount under the Senior Credit Facility is $175 million and the termination date is April 2019. Under this facility, which does not require amortization of principal, revolving loans may be drawn, repaid and reborrowed up to the amount available under a borrowing base calculated with reference to specified percentages of the Company’s credit card and trade receivables and inventory, which may be reduced by the lender in its reasonable discretion. The Company must maintain excess availability under the facility of at least $10 million . As of October 31, 2015 , the Company had $64.0 million of net ava ilability which includes $25 million for letters of credit. Interest under the Senior Credit Facility is at variable rates plus specified margins that are determined based upon the Company’s excess availability from time to time. The Company is also required to pay monthly commitment fees based on the unused amount of the Senior Credit Facility and a monthly fee with respect to outstanding letters of credit. As of October 31, 2015 , the interest rate on LIBOR Rate borrowings was 2.3% and the interest rate on base rate borrowings was 4.3% . All obligations of the Company related to the Senior Credit Facility are secured by first priority perfected security interests in all personal and real property owned by the Company, including without limitation 100% (or, in the case of excluded foreign subsidiaries, 66% ) of the outstanding equity interests in the subsidiaries. The Company is subject to customary limitations on its ability to, among other things, pay dividends and make distributions, make investments and enter into joint ventures, and dispose of assets. The Company was in compliance with all financial and operating covenants as of October 31, 2015 . In addition, the Company has outstanding unsecured debt obligations as follows: (i) a promissory note in the principal amount of $35 million , (the “QKD Note”) held by Quality King Distributors, Inc. ("Quality King"), which provides for payment of principal in quarterly installments between July 31, 2019 and October 31, 2022, with a final installment on October 31, 2022 of the remaining balance, and payment of interest in quarterly installments commencing on January 31, 2011 at the then current senior debt rate, as defined in the Senior Credit Facility, plus 1% per annum; (ii) promissory notes in the aggregate principal amount of approximately $85.4 million held by six estate trusts established by Glenn, Stephen and Arlene Nussdorf (the “Nussdorf Trust Notes”), which provide for payment of the principal in full on July 31, 2019 and payments of interest in quarterly installments commencing on July 31, 2012 at the then current senior debt rate plus 2% per annum; and (iii) a promissory note in the principal amount of $5 million held by Glenn and Stephen Nussdorf (the “2004 Note”), which provided for payment in January 2009 and is currently in default because of the restrictions on payment described below, resulting in an increase of 2% in the nominal interest rate, which is the prime rate plus 1% . These notes are subordinated to the Senior Credit Facility. No principal may be paid on any of them until three months after the Senior Credit Facility terminates and is paid in full, and payment of interest is subject to satisfaction of certain conditions, including the Company’s maintaining excess availability under the Senior Credit Facility of the greater of $17.5 million or 17.5% of the borrowing base certificate after giving effect to the payment, and a fixed charge coverage ratio, as defined in the credit agreement, of 1.1 :1.0. Interest expense on these notes was approximately $1.4 million for the thirteen weeks ended October 31, 2015 and November 1, 2014 , and $4.0 million and $4.4 million for the thirty-nine weeks ended October 31, 2015 and November 1, 2014 , respectively, and is included in interest expense on the accompanying condensed consolidated statements of operations. No payments of principal or interest have been made on the QKD Note or the Nussdorf Trust Notes. On the 2004 Note, no payments of principal have been made and no interest payments have been made since October 2008. Accrued interest payable due at October 31, 2015 and January 31, 2015 on the Nussdorf Trust Notes, the QKD Note, and the 2004 Note was approximately $43.5 million and $39.5 million , respectively, and is included in other long-term liabilities on the accompanying condensed consolidated balance sheets as of October 31, 2015 and January 31, 2015 , respectively.

Accounting for Income Taxes

Accounting for Income Taxes	9 Months Ended
	Oct. 31, 2015
ACCOUNTING FOR INCOME TAXES [Abstract]
Accounting for Income Taxes	ACCOUNTING FOR INCOME TAXES The Company conducts business throughout the United States, Puerto Rico and the United States Virgin Islands and, as a result, files income tax returns in the U.S. Federal and various state jurisdictions, Puerto Rico and the United States Virgin Islands. In the normal course of business the Company is subject to examinations in these jurisdictions. With few exceptions, the Company is no longer subject to U.S. Federal, state, local or Puerto Rico income tax examinations for fiscal years prior to 2008. State and foreign income tax returns are generally subject to examination for a period of three to five years after filing of the respective return. The state impact of any Federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states. The Company continues to provide a full valuation allowance against its net deferred tax assets due to the uncertainty as to when business conditions will improve sufficiently to enable it to utilize its deferred tax assets. As a result, the Company did not record a Federal or state tax benefit on its operating loss for the thirty-nine weeks ended October 31, 2015 . The Company did not record Federal or state tax provision on its operating income for the thirteen weeks ended October 31, 2015 and November 1, 2014 since the Company has pre-tax losses for the thirty-nine weeks ended October 31, 2015 and November 1, 2014 . During the thirteen and thirty-nine weeks ended October 31, 2015 , there were no changes to the liability for income tax associated with uncertain tax positions. The Company accrues interest related to unrecognized tax benefits as well as any related penalties in the income tax provision in its condensed consolidated statements of operations, which is consistent with the recognition of these items in prior reporting periods. The accrual for interest and penalties related to uncertain tax positions as of October 31, 2015 and January 31, 2015 was not significant. The Company does not anticipate any material adjustments relating to unrecognized tax benefits within the next twelve months; however, the ultimate outcome of tax matters is uncertain and unforeseen results can occur.

Basic and Diluted Net Loss Per

Basic and Diluted Net Loss Per Common Share	9 Months Ended
	Oct. 31, 2015
Earnings Per Share [Abstract]
Basic and Diluted Net Loss Per Common Share	BASIC AND DILUTED NET INCOME (LOSS) PER COMMON SHARE Basic net income (loss) per common share has been computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share includes, in periods in which they are dilutive, the effect of those potentially dilutive securities where the average market price of the common stock exceeds the exercise prices for the respective periods. Thirteen Weeks Thirteen Weeks Thirty-nine Weeks Ended Thirty-nine Weeks Ended October 31, 2015 November 1, 2014 October 31, 2015 November 1, 2014 Weighted average number of shares - basic 15,493,763 15,445,951 15,488,702 15,408,105 Potentially dilutive securities 1,210 50,767 — — Weighted average number of shares - diluted 15,494,973 15,496,718 15,488,702 15,408,105 During the thirteen and thirty-nine weeks ended October 31, 2015 there were 7,262,677 and 7,263,887 potentially dilutive shares of common stock related to stock options and warrants which were excluded from the diluted income (loss) per share calculation because the effect of including these potentially dilutive shares was antidilutive. During the thirteen and thirty-nine weeks ended November 1, 2014 , there were 7,348,694 and 7,399,461 potentially dilutive shares of common stock related to stock options and warrants which were excluded from the diluted income (loss) per share calculation because the effect of including these potentially dilutive shares was antidilutive.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 31, 2015
FAIR VALUE MEASUREMENTS [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The Company applies authoritative accounting guidance regarding fair value and disclosures as it applies to financial and non-financial assets and liabilities. The guidance defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability on the measurement date. The three levels are defined as follows: Level 1: Observable inputs such as quoted prices in active markets (the fair value hierarchy gives the highest priority to Level 1 inputs); Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data and require the reporting entity to develop its own assumptions. As of October 31, 2015 , the Company had no material financial assets or liabilities measured on a recurring basis at fair value. The Company measures certain assets at fair value on a non-recurring basis, specifically long-lived assets evaluated for impairment. No such impairments were recorded during the thirty-nine weeks ended October 31, 2015 and November 1, 2014 . The fair values of the Company’s assets and liabilities that qualify as financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, short-term debt, and accrued expenses, are carried at cost, which approximates fair value due to the short-term maturity of these instruments. The reported amounts of long-term obligations approximate fair value, given management’s evaluation of the instruments’ current rates compared to market rates of interest and other factors.

Contingencies

Contingencies	9 Months Ended
	Oct. 31, 2015
CONTINGENCIES [Abstract]
Contingencies	CONTINGENCIES The Company is involved in various legal proceedings in the ordinary course of business. Management cannot presently predict the outcome of these matters, although management believes, based in part on the advice of counsel, that the ultimate resolution of these matters will not have a materially adverse effect on the Company's consolidated financial position, results of operations or cash flows.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Oct. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	RELATED-PARTY TRANSACTIONS Glenn, Stephen and Arlene Nussdorf owned an aggregate 7,742,282 shares or approximately 50.0% of the total number of shares of the Company’s common stock as of October 31, 2015 , excluding shares issuable upon exercise of certain warrants and not assuming the exercise of any outstanding options. Stephen Nussdorf has served as the Chairman of the Company’s Board of Directors since February 2004 and Executive Chairman of the Board since April 2011. The Nussdorfs are officers and principals of Quality King, which distributes pharmaceuticals and health and beauty care products, and the Company’s President and Chief Executive Officer, Michael W. Katz, is also an executive of Quality King. See Note 5 for a discussion of notes payable to affiliates. Transactions With Affiliated Companies Glenn Nussdorf has an ownership interest in Lighthouse Beauty Marketing, LLC, Lighthouse Beauty, LLC and Lighthouse Beauty KLO, LLC (collectively the "Lighthouse Companies"), all of which are manufacturers and distributors of prestige fragrances. He also has an ownership interest in Cloudbreak Holdings, LLC ("Cloudbreak"), a manufacturer and distributor of prestige fragrances. The Company has purchased merchandise from the Lighthouse Companies and Cloudbreak. The Company purchases merchandise from Jacavi Beauty Supply, LLC (“Jacavi”), a fragrance distributor. Jacavi's managing member is Rene Garcia. Rene Garcia, his family trusts and related entities are members of a group (the "Garcia Group") that owned an aggregate 2,211,269 shares, or approximately 14.3% , of the total number of shares of the Company's common stock as of October 31, 2015 , excluding shares issuable upon exercise of certain warrants. During the thirteen and thirty-nine weeks ended October 31, 2015 , Perfumania purchased merchandise from Jacavi. The Company sells merchandise to Reba Americas LLC ("Reba"), which distributes fragrances primarily in Puerto Rico and the Caribbean. Family trusts of Rene Garcia own 50% of Reba. Net sales to Reba were approximately $0.6 million and $0.3 million during the thirteen weeks ended October 31, 2015 and November 1, 2014 , respectively, and approximately $2.2 million and $1.1 million , during the thirty-nine weeks ended October 31, 2015 and November 1, 2014 , respectively. The balance due from Reba as of October 31, 2015 and January 31, 2015 was approximately $0.5 million and $0.3 million , respectively, and is included in accounts receivable, net of allowances, on the accompanying condensed consolidated balance sheets. The Company also purchased certain merchandise from Reba during the thirteen and thirty-nine weeks ended October 31, 2015 and November 1, 2014 . The amounts due to these related companies are non-interest bearing and are included in accounts payable-affiliates in the accompanying condensed consolidated balance sheets. Transactions for merchandise purchases with these related companies during the thirteen and thirty-nine weeks ended October 31, 2015 and November 1, 2014 were as follows (in thousands): Total Purchases Thirteen Weeks Ended October 31, 2015 Total Purchases Thirteen Weeks Ended November 1, 2014 Total Purchases Thirty-nine Weeks Ended October 31, 2015 Total Purchases Thirty-nine Weeks Ended November 1, 2014 Balance Due October 31, 2015 Balance Due January 31, 2015 Lighthouse Companies $ — $ 716 $ — $ 1,463 $ 117 $ 128 Jacavi 2,494 453 8,734 4,258 352 (4 ) Quality King 4 1 35 113 — 4 Cloudbreak — — — 831 18 18 Reba 692 329 1,495 1,136 421 98 $ 3,190 $ 1,499 $ 10,264 $ 7,801 $ 908 $ 244 On May 1, 2014, pursuant to a termination and trademark license agreement and in consideration for $0.1 million , the Company acquired the license for Isaac Mizrahi fragrances and related products from Cloudbreak. The license agreement has a three-year term with applicable renewal options; however, the Company and the licensor have mutually agreed to terminate the license effective January 1, 2016. The Company has a credit of $0.3 million for advance royalty payments which have been paid by Cloudbreak to the licensor, and will not be liable for additional royalties until royalties earned under the new agreement between the Company and the licensor exceed $0.3 million . Effective May 1, 2014, and pursuant to certain termination, consent, representation and trademark license agreements, the Company acquired the license for Major League Baseball (“MLB”) fragrances and related products from Cloudbreak. Pursuant to these agreements, the Company paid approximately $0.1 million of fees that were due by Cloudbreak and is permitted to purchase Cloudbreak’s May 1, 2014 on-hand MLB finished goods fragrance inventory. The license agreement terminates on December 31, 2017. Glenn, Stephen and Arlene Nussdorf own GSN Trucking, Inc. (“GSN”) which provides general transportation and freight services. The Company periodically utilizes GSN to transport both inbound purchases of merchandise and outbound shipments to wholesale customers. During the thirty-nine weeks ended October 31, 2015 and November 1, 2014 , total payments to GSN for transportation services provided were less than $0.1 million . There was no balance due to GSN at October 31, 2015 or January 31, 2015 . Quality King occupies a leased 560,000 square foot facility in Bellport, NY. The Company began occupying approximately half of this facility in December 2007 under a sublease that terminates on September 30, 2027 and this location serves as the Company’s principal offices. As of October 31, 2015 , the monthly current sublease payments are approximately $226,000 and increase by 3% annually. Total payments by the Company to Quality King for this sublease were approximately $0.7 million during the thirteen weeks ended October 31, 2015 and November 1, 2014 , and $2.0 million during the thirty-nine weeks ended October 31, 2015 and November 1, 2014 . The Company and Quality King are parties to a Services Agreement providing for the Company’s participation in certain third party arrangements at the Company’s respective share of Quality King’s cost, including allocated overhead, plus a 2% administrative fee, and the provision of legal services. The Company also shares with Quality King the economic benefit of the bulk rate contract that the Company has with UPS to ship Quality King’s merchandise and related items. The Services Agreement will terminate on thirty days’ written notice from either party. The expenses charged under these arrangements to the Company were $0.2 million and less than $0.1 million during the thirteen weeks ended October 31, 2015 and November 1, 2014 , respectively, and $0.8 million and $0.2 million during the thirty-nine weeks ended October 31, 2015 and November 1, 2014 , respectively. The balance due to Quality King for expenses charged under the Services Agreement was less than $0.1 million at October 31, 2015 and January 31, 2015 . On April 18, 2012, Parlux, Artistic Brands Development LLC (“Artistic Brands”) (a company controlled by Rene Garcia), Shawn Carter and S. Carter Enterprises, LLC entered into a sublicense agreement and Artistic Brands, Shawn Carter and S. Carter Enterprises, LLC entered into a license agreement. In connection with these agreements, the Company issued to Artistic Brands and its designees, including Shawn Carter, warrants for the purchase of an aggregate of 1,599,999 shares of the Company's common stock at an exercise price of $8.00 per share. Pursuant to the license agreement, Artistic Brands obtained the exclusive right and license to manufacture, promote, distribute, and sell prestige fragrances and related products under the Jay-Z trademark. The initial term of the license agreement expires at the earlier of (i) five years following the first date on which licensed products are shipped and (ii) December 31, 2018. Artistic Brands has the right to renew the license agreement, so long as certain financial conditions are met and it has not otherwise breached the agreement. Pursuant to the license agreement, Artistic Brands agreed to make certain royalty payments, including certain guaranteed minimum royalties. Pursuant to the sublicense agreement, Artistic Brands sublicensed all rights granted under the license agreement to the Company, and in return the Company assumed all of Artistic Brands' obligations under the license agreement, including making all royalty payments and certain guaranteed minimum royalties owed to S. Carter Enterprises, LLC. The Company paid $0.3 million of guaranteed minimum royalties pursuant to the sublicense agreement during the thirty-nine weeks ended October 31, 2015 . No royalties have been paid during the thirteen weeks ended October 31, 2015 . During the thirteen and thirty-nine weeks ended November 1, 2014 , the Company paid $0.7 million of royalties pursuant to the sublicense agreement.

Segment Information

Segment Information	9 Months Ended
	Oct. 31, 2015
SEGMENT INFORMATION [Abstract]
Segment Information	SEGMENT INFORMATION The Company operates in two industry segments, wholesale distribution and specialty retail sales of designer fragrance and related products. Management reviews segment information by segment and on a consolidated basis each month. Retail sales include sales through Perfumania retail stores, the SOW consignment business and the Company’s internet site, Perfumania.com. Wholesale sales include sales through QFG, Parlux and Five Star to unrelated customers. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in the Annual Report on Form 10-K for the fiscal year ended January 31, 2015 . The Company’s chief operating decision maker, who is its Chief Executive Officer, assesses segment performance by reference to gross profit. Each of the segments has its own assets, liabilities, revenues and cost of goods sold. While each segment has certain unallocated operating expenses, these expenses are not reviewed by the chief operating decision maker on a segment basis, but rather on a consolidated basis. Financial information for these segments is summarized in the following table: Thirteen Weeks Ended October 31, 2015 Thirteen Weeks Ended November 1, 2014 Thirty-nine Weeks Ended October 31, 2015 Thirty-nine Weeks Ended November 1, 2014 (in thousands) Net sales: Retail $ 58,763 $ 75,477 $ 196,085 $ 220,280 Wholesale 83,212 78,852 183,406 180,169 $ 141,975 $ 154,329 $ 379,491 $ 400,449 Gross profit: Retail $ 30,301 $ 37,197 $ 98,296 $ 106,098 Wholesale 35,984 35,930 81,523 80,678 $ 66,285 $ 73,127 $ 179,819 $ 186,776 October 31, 2015 January 31, 2015 Total assets: Wholesale $ 690,422 $ 608,119 Retail 389,881 353,356 1,080,303 961,475 Eliminations (a) (661,652 ) (575,243 ) Consolidated assets $ 418,651 $ 386,232 (a) Adjustment to eliminate intercompany receivables and investment in subsidiaries

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended	9 Months Ended
	Aug. 01, 2015	Oct. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	GOODWILL AND INTANGIBLE ASSETS Goodwill in the amount of $38.8 million at October 31, 2015 and January 31, 2015 resulted from the April 18, 2012 acquisition of Parlux. The following table provides information related to goodwill and intangible assets (in thousands). Intangible assets are included in intangible and other assets, net on the accompanying condensed consolidated balance sheets as of October 31, 2015 and January 31, 2015 : October 31, 2015 January 31, 2015 Useful Life (years) Original Cost Accumulated Amortization Net Book Value Original Cost Accumulated Amortization Net Book Value Goodwill N/A $ 38,769 $ — $ 38,769 $ 38,769 $ — $ 38,769 Tradenames 4-20 9,608 7,804 1,804 9,608 7,504 2,104 Customer relationships 10 5,171 1,853 3,318 5,171 1,465 3,706 Favorable leases 7 886 834 52 886 739 147 License agreements 3-5 16,413 13,835 2,578 16,413 11,243 5,170 Tradename (non-amortizing) N/A 8,500 — 8,500 8,500 — 8,500 $ 79,347 $ 24,326 $ 55,021 $ 79,347 $ 20,951 $ 58,396
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]		As of October 31, 2015 , estimated future amortization expense associated with intangible assets subject to amortization is as follows (in thousands): Fiscal Year Amortization Expense Remainder of 2015 $ 1,125 2016 1,929 2017 1,385 2018 999 2019 715 2020 684 Thereafter 915 $ 7,752

Accounting For Share-Based Pa19

Accounting For Share-Based Payments (Tables)	6 Months Ended	9 Months Ended
	Aug. 01, 2015	Oct. 31, 2015
ACCOUNTING FOR SHARE-BASED PAYMENTS [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	ACCOUNTING FOR SHARE-BASED PAYMENTS The 2010 Equity Incentive Plan (the “2010 Plan”) provides for equity-based awards to the Company’s employees, directors and consultants. Under the 2010 Plan, the Company initially reserved 1,000,000 shares of common stock for issuance. This number automatically increases on the first trading day of each fiscal year beginning with fiscal 2011, by an amount equal to 1.5% of the shares of common stock outstanding as of the last trading day of the immediately preceding fiscal year; accordingly, 1,961,898 shares of common stock were reserved for issuance as of October 31, 2015 . The Company previously had two stock option plans which expired on October 31, 2010. No further awards will be granted under these plans, although all options previously granted and outstanding will remain outstanding until they are either exercised or forfeited. As of October 31, 2015 , 814,252 stock options have been granted pursuant to the 2010 Plan. The following is a summary of the stock option activity during the thirty-nine weeks ended October 31, 2015 : Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2015 1,230,253 $ 8.43 Granted 10,000 5.32 Exercised (17,387 ) 3.27 Forfeited (258,950 ) 9.88 Outstanding as of October 31, 2015 963,916 $ 8.10 6.2 $ — Vested and expected to vest as of October 31, 2015 932,662 $ 8.11 6.2 $ — Exercisable as of October 31, 2015 932,662 $ 8.11 6.2 $ —
Schedule of Share-based Compensation, Activity [Table Text Block]		The following is a summary of stock warrants activity during the thirty-nine weeks ended October 31, 2015 : Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2015 6,299,971 $ 11.80 Granted — — Exercised — — Forfeited — — Outstanding as of October 31, 2015 6,299,971 $ 11.80 2.6 $ — Vested as of October 31, 2015 6,299,971 $ 11.80 2.6 $ — Exercisable as of October 31, 2015 6,299,971 $ 11.80 2.6 $ —
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Revolving Credit Facility and20

Revolving Credit Facility and Notes Payable to Affiliates (Tables)	9 Months Ended
	Oct. 31, 2015
REVOLVING CREDIT FACILITY AND NOTES PAYABLE TO AFFILIATES [Abstract]
Schedule of Debt [Table Text Block]	The Company’s revolving credit facility and notes payable to affiliates consist of the following: October 31, 2015 January 31, 2015 (in thousands) Revolving credit facility, interest payable monthly, secured by a pledge of substantially all of the Company's assets $ 65,527 $ 37,561 Subordinated notes payable-affiliates 125,366 125,366 190,893 162,927 Less current portion — — Total long-term debt $ 190,893 $ 162,927

Basic and Diluted Net Loss Pe21

Basic and Diluted Net Loss Per Common Share Basic and Diluted Net Loss Per Common Share (Tables)	9 Months Ended
	Oct. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Diluted net income (loss) per common share includes, in periods in which they are dilutive, the effect of those potentially dilutive securities where the average market price of the common stock exceeds the exercise prices for the respective periods. Thirteen Weeks Thirteen Weeks Thirty-nine Weeks Ended Thirty-nine Weeks Ended October 31, 2015 November 1, 2014 October 31, 2015 November 1, 2014 Weighted average number of shares - basic 15,493,763 15,445,951 15,488,702 15,408,105 Potentially dilutive securities 1,210 50,767 — — Weighted average number of shares - diluted 15,494,973 15,496,718 15,488,702 15,408,105

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Oct. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Transactions for merchandise purchases with these related companies during the thirteen and thirty-nine weeks ended October 31, 2015 and November 1, 2014 were as follows (in thousands): Total Purchases Thirteen Weeks Ended October 31, 2015 Total Purchases Thirteen Weeks Ended November 1, 2014 Total Purchases Thirty-nine Weeks Ended October 31, 2015 Total Purchases Thirty-nine Weeks Ended November 1, 2014 Balance Due October 31, 2015 Balance Due January 31, 2015 Lighthouse Companies $ — $ 716 $ — $ 1,463 $ 117 $ 128 Jacavi 2,494 453 8,734 4,258 352 (4 ) Quality King 4 1 35 113 — 4 Cloudbreak — — — 831 18 18 Reba 692 329 1,495 1,136 421 98 $ 3,190 $ 1,499 $ 10,264 $ 7,801 $ 908 $ 244

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 31, 2015
SEGMENT INFORMATION [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Financial information for these segments is summarized in the following table: Thirteen Weeks Ended October 31, 2015 Thirteen Weeks Ended November 1, 2014 Thirty-nine Weeks Ended October 31, 2015 Thirty-nine Weeks Ended November 1, 2014 (in thousands) Net sales: Retail $ 58,763 $ 75,477 $ 196,085 $ 220,280 Wholesale 83,212 78,852 183,406 180,169 $ 141,975 $ 154,329 $ 379,491 $ 400,449 Gross profit: Retail $ 30,301 $ 37,197 $ 98,296 $ 106,098 Wholesale 35,984 35,930 81,523 80,678 $ 66,285 $ 73,127 $ 179,819 $ 186,776 October 31, 2015 January 31, 2015 Total assets: Wholesale $ 690,422 $ 608,119 Retail 389,881 353,356 1,080,303 961,475 Eliminations (a) (661,652 ) (575,243 ) Consolidated assets $ 418,651 $ 386,232 (a) Adjustment to eliminate intercompany receivables and investment in subsidiaries

Basis of Presentation and Ope24

Basis of Presentation and Operations (Details)	9 Months Ended
	Oct. 31, 2015storesubsidiarysegment
Subsidiaries [Line Items]
Number of subsidiaries | subsidiary	6
Number of Operating Segments | segment	2
Subsidaries, Perfumania [Member]
Subsidiaries [Line Items]
Number of Stores	319
Subsidiaries, Scents of Worth [Member]
Subsidiaries [Line Items]
Number of Stores	2,000
Subsidiaries, Scents of Worth [Member] | Kmart [Member]
Subsidiaries [Line Items]
Number of Stores	900
Maximum [Member] | Subsidaries, Perfumania [Member]
Subsidiaries [Line Items]
Product Pricing, Discount from Manufacturer's Suggested Retail Price	75.00%

Goodwill and Intangible Asset25

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2015	Nov. 02, 2013	Aug. 01, 2015	Jan. 31, 2015
Schedule of Goodwill and Intangible Assets [Line Items]
Goodwill, Original Cost	$ 38,769	$ 38,769			$ 38,769
Goodwill, Net Book Value	38,769	38,769			38,769
Intangible Assets, Original Cost	79,347	79,347			79,347
Intangible Assets, Accumulated Amortization				$ 24,326	20,951
Intangible Assets, Net Book Value	55,021	55,021			58,396
Amortization of Intangible Assets	1,100	3,300
Trade Names [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Intangible Assets, Original Cost	9,608	9,608			9,608
Intangible Assets, Accumulated Amortization				7,804	7,504
Intangible Assets, Net Book Value	1,804	1,804			2,104
Customer Relationships [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			10 years
Intangible Assets, Original Cost	5,171	5,171			5,171
Intangible Assets, Accumulated Amortization				1,853	1,465
Intangible Assets, Net Book Value	3,318	3,318			3,706
Lease Agreements [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			7 years
Intangible Assets, Original Cost	886	886			886
Intangible Assets, Accumulated Amortization				834	739
Intangible Assets, Net Book Value	52	52			147
Licensing Agreements [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Intangible Assets, Original Cost	16,413	16,413			16,413
Intangible Assets, Accumulated Amortization				13,835	11,243
Intangible Assets, Net Book Value	2,578	2,578			5,170
Trademarks [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Intangible Assets, Original Cost	8,500	8,500			8,500
Intangible Assets, Accumulated Amortization				$ 0	0
Intangible Assets, Net Book Value	$ 8,500	$ 8,500			$ 8,500
Minimum [Member] | Trade Names [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			4 years
Minimum [Member] | Licensing Agreements [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			3 years
Maximum [Member] | Trade Names [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			20 years
Maximum [Member] | Licensing Agreements [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Useful Life (in years)			5 years

Goodwill and Intangible Asset26

Goodwill and Intangible Assets - Schedule of Future Amortization (Details) $ in Thousands	Oct. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of Current Fiscal Year	$ 1,125
2,015	1,929
2,016	1,385
2,017	999
2,018	715
2,019	684
Thereafter	915
Total	$ 7,752

Goodwill and Intangible Asset27

Goodwill and Intangible Assets - Textuals (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2015	Jan. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 38,769	$ 38,769	$ 38,769
Amortization of Intangible Assets	$ 1,100	$ 3,300

Accounting For Share-Based Pa28

Accounting For Share-Based Payments - Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 43	$ 104	$ 217	$ 313
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (number of shares)			1,230,253
Granted (number of shares)			10,000
Exercised (number of shares)			(17,387)
Forfeited (number of shares)			(258,950)
Outstanding at end of period (number of shares)	963,916		963,916
Vested and expected to vest at end of period (number of shares)	932,662		932,662
Exercisable at beginning of period (number of shares)	932,662		932,662
Outstanding at beginning of period (weighted average exercise price)			$ 8.43
Granted (weighted average exercise price)			5.32
Exercised (weighted average exercise price)			3.27
Forfeited (weighted average exercise price)			9.88
Outstanding at end of period (weighted average exercise price)	$ 8.10		8.10
Vested and expected to vest at end of period (weighted average exercise price)	8.11		8.11
Exercisable at end of period (weighted average exercise price)	$ 8.11		$ 8.11
Outstanding at end of period (weighted average remaining contractual life)			6 years 2 months 12 days
Vested and expected to vest at end of period (weighted average remaining contractual life)			6 years 2 months 12 days
Exercisable at end of period (weighted average remaining contractual life)			6 years 2 months 12 days
Outstanding at end of period (aggregate intrinsic value)	$ 0		$ 0
Vested and expected to vest at end of period (aggregate intrinsic value)	0		0
Exercisable at end of period (aggregate intrinsic value)	$ 0		$ 0

Accounting For Share-Based Pa29

Accounting For Share-Based Payments - Warrants (Details) - Warrant [Member] $ / shares in Units, $ in Thousands	9 Months Ended
	Oct. 31, 2015USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning of period (number of warrants) | shares	6,299,971
Granted (number of warrants) | shares	0
Exercised (number of warrants) | shares	0
Forfeited (number of warrants) | shares	0
Outstanding at beginning of period (number of warrants) | shares	6,299,971
Vested at end of period (number of warrants) | shares	6,299,971
Exercisable at end of period (number of warrants) | shares	6,299,971
Outstanding at beginning of period (weighted average exercise price) | $ / shares	$ 11.80
Granted (weighted average exercise price) | $ / shares	0
Exercised (number of warrants) | $ / shares	0
Forfeited (number of warrants) | $ / shares	0
Outstanding at end of period (weighted average exercise price) | $ / shares	11.80
Vested at end of period (number of warrants) | $ / shares	11.80
Exercisable at end of period (number of warrants) | $ / shares	$ 11.80
Outstanding at end of period (weighted average remaining contractual life)	2 years 7 months 6 days
Vested at end of period (weighted average remaining contractual life)	2 years 7 months 6 days
Exercisable at end of period (weighted average remaining contractual life)	2 years 7 months 6 days
Outstanding at end of period (aggregate intrinsic value) | $	$ 0
Vested at end of period (aggregate intrinsic value) | $	0
Exercisable at end of period (aggregate intrinsic value) | $	$ 0

Accounting For Share-Based Pa30

Accounting For Share-Based Payments - Textuals (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,000,000		1,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Annual Percentage Increase in Shares Authorized			1.50%
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options	1,961,898		1,961,898
Share-based compensation expense	$ 43	$ 104	$ 217	$ 313
The 2010 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at end of period (number of shares)	814,252		814,252

Revolving Credit Facility and31

Revolving Credit Facility and Notes Payable to Affiliates - Schedule (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015
REVOLVING CREDIT FACILITY AND NOTES PAYABLE TO AFFILIATES [Abstract]
Revolving credit facility	$ 65,527	$ 37,561
Subordinated notes payable, affiliates	125,366	125,366
Debt, current and noncurrent	190,893	162,927
Less current portion	0	0
Total long-term debt	$ 190,893	$ 162,927

Revolving Credit Facility and32

Revolving Credit Facility and Notes Payable to Affiliates - Textuals (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015USD ($)real_estate_trust	Nov. 01, 2014USD ($)	Oct. 31, 2015USD ($)real_estate_trust	Nov. 01, 2014USD ($)	Jan. 31, 2015USD ($)	Apr. 25, 2014USD ($)
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 175,000
Line of Credit Facility, Covenant Terms, Minimum Availability	$ 10,000		$ 10,000
Line of Credit Facility, Remaining Borrowing Capacity	64,000		64,000
Letter of credit, available amount	25,000		25,000
Notes payable, affiliates	125,366		125,366		$ 125,366
Interest expense	1,848	$ 2,358	5,303	$ 7,113
Notes Payable, Related Parties [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Payments, Covenant Terms, Minimum Availability of Revolving Credit Facility, Alternative	$ 17,500		$ 17,500
Debt Instrument, Interest Payments, Covenant Terms, Minimum Availability of Revolving Credit Facility, Percent of Borrowing Base, Alternative	17.50%		17.50%
Debt Instrument, Covenant Terms, Minimum Fixed Charge Coverage Ratio			1.1
Interest expense	$ 1,400		$ 4,000	$ 4,400
Interest Payable	$ 43,500		$ 43,500		$ 39,500
Reference Rate, LIBOR [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End	2.30%		2.30%
Reference Rate, Base Rate [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End	4.30%		4.30%
Parent Company and Domestic Subsidiaries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Collateral, Percent of Outstanding Equity Interests in Subsidiaries	100.00%		100.00%
Foreign Subsidiaries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Collateral, Percent of Outstanding Equity Interests in Subsidiaries	66.00%		66.00%
Affiliates, Quality King Distributors, Inc. [Member]
Debt Instrument [Line Items]
Notes payable, affiliates	$ 35,000		$ 35,000
Affiliates, Quality King Distributors, Inc. [Member] | Notes Payable, Related Parties [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.00%
Nussdorf Trusts [Member]
Debt Instrument [Line Items]
Notes payable, affiliates	$ 85,400		$ 85,400
Related Parties, Number of Estate Trusts Holding Notes | real_estate_trust	6		6
Nussdorf Trusts [Member] | Notes Payable, Related Parties [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			2.00%
Glenn and Stephen Nussdorf [Member]
Debt Instrument [Line Items]
Notes payable, affiliates	$ 5,000		$ 5,000
Glenn and Stephen Nussdorf [Member] | Notes Payable, Related Parties [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.00%
Debt Instrument, Interest Rate, Increase			2.00%

Basic and Diluted Net Loss Pe33

Basic and Diluted Net Loss Per Common Share Basic and Diluted Net Income (Loss) Per Common Share (Details) - shares	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted average number of shares - basic	15,493,763	15,445,951	15,488,702	15,408,105
Potentially dilutive securities	1,210	50,767	0	0
Weighted average number of shares - diluted	15,494,973	15,496,718	15,488,702	15,408,105
Weighted average number of shares - basic	15,493,763	15,445,951	15,488,702	15,408,105

Basic and Diluted Net Loss Pe34

Basic and Diluted Net Loss Per Common Share - Textuals (Details) - shares	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	7,262,677	7,348,694	7,263,887	7,399,461

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Aug. 01, 2015	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015	May. 03, 2014	Apr. 18, 2012
Related Party Transaction [Line Items]
Selling, General and Administrative Expenses	$ 58,612	$ 60,775		$ 180,279	$ 174,540
Advance Royalties			$ 300				$ 300
Related Party Transaction, Purchases from Related Party	3,190	1,499		10,264	7,801
Due to Related Parties, Current	908			908		$ 244
Reba Americas LLC [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	600	300		2,200	1,100
Related Party Transaction, Purchases from Related Party	692	329		1,495	1,136
Due to Related Parties, Current	421			421		98
Accounts Receivable, Related Parties	500			500		300
Affiliates, Lighthouse [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	0	716		0	1,463
Due to Related Parties, Current	117			117		128
Affiliates, Jacavi [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	2,494	453		8,734	4,258
Due to Related Parties, Current	352			352		(4)
Affiliates, Quality King Distributors, Inc. [Member]
Related Party Transaction [Line Items]
Selling, General and Administrative Expenses	200	100		800	200
Related Party Transaction, Purchases from Related Party	4	1		35	113
Due to Related Parties, Current	0			0		4
Affiliates, Cloudbreak [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	0	$ 0		0	$ 831
Due to Related Parties, Current	$ 18			$ 18		$ 18
Affiliates, Shawn Carter Entities [Member]
Related Party Transaction [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights								1,599,999
Class of Warrant or Right, Exercise Price of Warrants or Rights								$ 8
License Agreement, Term of Agreement			5 years

Related Party Transactions - Te

Related Party Transactions - Textuals (Details) ft² in Thousands, $ in Thousands	3 Months Ended				9 Months Ended
	Oct. 31, 2015USD ($)shares	Aug. 01, 2015USD ($)ft²	Nov. 01, 2014USD ($)	May. 03, 2014USD ($)	Oct. 31, 2015USD ($)shares	Nov. 01, 2014USD ($)
Related Party Transaction [Line Items]
Additions to tradenames and licenses		$ 100		$ 100	$ 0	$ (300)
Advance Royalties		$ 300		$ 300
Selling, General and Administrative Expenses	$ 58,612		$ 60,775		$ 180,279	174,540
Glenn, Stephen and Arlene Nussdorf [Member]
Related Party Transaction [Line Items]
Investment Owned, Balance, Shares | shares	7,742,282				7,742,282
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	50.00%				50.00%
Affiliates, Rene Garcia Entitites [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	14.30%				14.30%
Noncontrolling Interest, Ownership by Noncontrolling Owners, Shares | shares	2,211,269				2,211,269
Affiliates, GSN [Member]
Related Party Transaction [Line Items]
Shipping, Handling and Transportation Costs					$ 100
Affiliates, Quality King Distributors, Inc. [Member]
Related Party Transaction [Line Items]
Square Footage of Real Estate Property | ft²		560
Selling, General and Administrative Expense, Administrative Fee, Percent					2.00%
Selling, General and Administrative Expenses	$ 200		$ 100		$ 800	200
Due to Affiliate, Current	100				100
Affiliates, Shawn Carter Entities [Member]
Related Party Transaction [Line Items]
Royalty Expense					300	$ 700
Building [Member] | Affiliates, Quality King Distributors, Inc. [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense, Monthly					$ 226
Operating Leases, Rent Expense, Annual Increase					3.00%
Payments for Operating Sublease	$ 700				$ 2,000

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015
Segment Reporting Information [Line Items]
Revenue from External Customers		$ 141,975	$ 154,329	$ 379,491	$ 400,449
Gross Profit		66,285	73,127	179,819	186,776
Assets		418,651		418,651		$ 386,232
Retail Segment [Member]
Segment Reporting Information [Line Items]
Revenue from External Customers		58,763	75,477	196,085	220,280
Gross Profit		30,301	37,197	98,296	106,098
Assets		389,881		389,881		353,356
Wholesale Segment [Member]
Segment Reporting Information [Line Items]
Revenue from External Customers		83,212	78,852	183,406	180,169
Gross Profit		35,984	$ 35,930	81,523	$ 80,678
Assets		690,422		690,422		608,119
Operating Segments [Member]
Segment Reporting Information [Line Items]
Assets		1,080,303		1,080,303		961,475
Intersegment Elimination [Member]
Segment Reporting Information [Line Items]
Assets	[1]	$ (661,652)		$ (661,652)		$ (575,243)
[1]	Adjustment to eliminate intercompany receivables and investment in subsidiaries