Interparfums strikes deal for Salvatore Ferragamo fragrance licence – The Moodie Davitt Report

French fragrance experience meets Italian luxurious fashion: According to Interparfums, the Salvatore Ferragamo licence will assist increase its enterprise within the luxurious fragrance market
The Salvatore Ferragamo license will probably be efficient from October 2021 and runs for ten years
French fragrance home Interparfums and Italian luxurious items firm Salvatore Ferragamo have signed an unique licensing settlement for the manufacturing and distribution of Salvatore Ferragamo’s branded perfumes.
The licence will probably be efficient from October 2021 and can final for ten years. The deal has a 5-yr elective extension time period, topic to sure situations.
Interparfums will function the licence by way of an Italian firm based mostly in Florence. The firm additionally assured that each one fragrance manufacturing will probably be achieved in Italy.
Commenting on the partnership, Interparfums Chairman and CEO Jean Madar mentioned: “We are very proud that Salvatore Ferragamo has chosen Interparfums for this new partnership. Salvatore Ferragamo is in truth one of the iconic and properly-recognized manufacturers within the luxurious section to which we wish to dedicate all our consideration for the very best future growth. The entry of Ferragamo in our portfolio represents an excellent alternative to additional develop our enterprise within the vogue and luxurious section.”
Interparfums will function the licence by way of a completely Italian-owned firm based mostly in Florence and has assured manufacturing in Italy
“Interparfums’ nice competence and recognised creativity make it the best accomplice to protect the values and heritage of our model with Made in Italy merchandise,” commented Salvatore Ferragamo S.p.A President Leonardo Ferragamo. “Its nice business experience may even guarantee a brand new increase to the enterprise of our fragrances, which will probably be distributed by way of a rigorously chosen gross sales community.”
Interparfums is steadily increasing its enterprise by way of a sequence of strategic partnerships. As reported, Interparfums and ecommerce firm Divabox signed an settlement permitting Interparfums to accumulate 25% of Divabox’s on-line multi-model platform origines-parfums in July 2020.  In the identical yr, Interparfums additionally acquired the unique fragrance license for luxurious vogue home Moncler.

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