NEW YORK–(BUSINESS WIRE)–Inter Parfums, Inc. (NASDAQ GS: IPAR) introduced in the present day that it’s engaged in ongoing unique negotiations with Salvatore Ferragamo S.p.A. to turn into the worldwide and unique licensee for the Ferragamo fragrance model.
The construction of the contemplated transaction is geared toward giving an extra increase to the perfume enterprise, preserving the model’s values and heritage, with Made in Italy merchandise and selective distribution worldwide in line with the model positioning.
Closing is topic to the signing of definitive agreements.
ABOUT INTER PARFUMS, INC.
Founded in 1982, Inter Parfums, Inc. develops, manufactures and distributes status perfumes and cosmetics because the unique worldwide licensee for Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Dunhill, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, MCM, Moncler, Montblanc, Oscar de la Renta, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels. Inter Parfums can also be the proprietor of Lanvin fragrances and the Rochas model. Through its international distribution community, the Company’s merchandise are bought in over 120 nations.
Statements in this launch which aren’t historic in nature are forward-looking statements. Although we imagine that our plans, intentions and expectations mirrored in such forward-looking statements are cheap, we may give no assurance that such plans, intentions or expectations shall be achieved. In some instances you’ll be able to establish forward-looking statements by forward-looking phrases reminiscent of “anticipate,” “imagine,” “might,” “estimate,” “count on,” “intend,” “could,” “ought to,” “will,” and “would,” or comparable phrases. You mustn’t depend on forward-looking statements, as a result of precise occasions or outcomes could differ materially from these indicated by these forward-looking statements because of numerous vital elements. These elements embody, however should not restricted to, the dangers and uncertainties mentioned beneath the headings “Forward Looking Statements” and “Risk Factors” in Inter Parfums’ annual report on Form 10-Okay for the fiscal yr ended December 31, 2020 and the experiences Inter Parfums recordsdata sometimes with the Securities and Exchange Commission. Inter Parfums doesn’t intend to and undertakes no obligation to replace the data contained in this press launch.