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0 · Losing Burberry's Fragrance License Was a Bummer for Inter
1 · Burberry serves notice to end fragrance licence with InterParfums
2 · Burberry Exiting Inter Parfums License
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PARIS — Inter Parfums SA stock tumbled 6.1 percent Tuesday, following news . It was also the licensee of Burberry's (many) fragrances, until the British brand . Burberry has served its fragrance licensee InterParfums notice of its intention to . PARIS — Inter Parfums SA stock tumbled 6.1 percent Tuesday, following news that Burberry had exercised its option to buy out the license rights for its fragrance and beauty products — effective.
It was also the licensee of Burberry's (many) fragrances, until the British brand recently decided to buy back its beauty licenses. Which would explain why Inter Parfums's sales took a.
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Burberry has served its fragrance licensee InterParfums notice of its intention to terminate its agreement. Ending the deal will cost Burberry €181m (£141m). Burberry and Inter Parfums have announced that after months of negotiations, the two companies will not renew their fragrance and cosmetics licensing agreement.
Losing Burberry's Fragrance License Was a Bummer for Inter
The company has achieved significant growth with great license acquisitions, but license expirations add to long-term growth risks in light of the Burberry challenges from 2012 to 2014. Inter Parfums acquired the Burberry fragrance license in 1993. Its most recent major introduction to the franchise was the Burberry Body scent line, which came out worldwide on Sept. 1..
In 2011, under a previous license with Inter Parfums SA, Burberry’s revenue from fragrances grew 20 percent to 221.7 million euros, or 8.7 million at average exchange, due to the launch of. Talks between Burberry and Inter Parfums regarding the their licensing agreement have ended, with Burberry to pull out of the agreement at the end of the year. Burberry have served notice of its intention to end its agreement with its fragrance and beauty licensee, Inter Parfums.
Since December 2011, Inter Parfums, Inc. and Burberry have been engaged in discussions on the creation of a new operating model for the business. Although an agreement has been reached on certain main terms and conditions, important points remain to be finalized. PARIS — Inter Parfums SA stock tumbled 6.1 percent Tuesday, following news that Burberry had exercised its option to buy out the license rights for its fragrance and beauty products — effective. It was also the licensee of Burberry's (many) fragrances, until the British brand recently decided to buy back its beauty licenses. Which would explain why Inter Parfums's sales took a. Burberry has served its fragrance licensee InterParfums notice of its intention to terminate its agreement. Ending the deal will cost Burberry €181m (£141m).
Burberry and Inter Parfums have announced that after months of negotiations, the two companies will not renew their fragrance and cosmetics licensing agreement.
The company has achieved significant growth with great license acquisitions, but license expirations add to long-term growth risks in light of the Burberry challenges from 2012 to 2014.
Inter Parfums acquired the Burberry fragrance license in 1993. Its most recent major introduction to the franchise was the Burberry Body scent line, which came out worldwide on Sept. 1.. In 2011, under a previous license with Inter Parfums SA, Burberry’s revenue from fragrances grew 20 percent to 221.7 million euros, or 8.7 million at average exchange, due to the launch of. Talks between Burberry and Inter Parfums regarding the their licensing agreement have ended, with Burberry to pull out of the agreement at the end of the year. Burberry have served notice of its intention to end its agreement with its fragrance and beauty licensee, Inter Parfums.
Burberry serves notice to end fragrance licence with InterParfums
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Burberry Exiting Inter Parfums License
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inter parfums burberry license|Burberry serves notice to end fragrance licence with InterParfums
