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Stock impact report

Interparfums, Inc. Announces Exclusive Worldwide License Agreement With Nautica [Yahoo! Finance]

Inter Parfums, Inc. (IPAR) 
Last inter parfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: Yahoo! Finance
entered into an exclusive, 20-year worldwide license agreement with global lifestyle brand Nautica for the creation, development, production, and distribution of fragrances under the Nautica brand name. Jean Madar, Chairman and Chief Executive Officer of Interparfums, said, “Nautica is world-renowned for bringing the inspiration of the sea to everyday style. We are thrilled to collaborate with this global lifestyle brand to enrich their existing portfolio and develop new fragrances that channel the maritime spirit in a modern and accessible manner. We estimate that total annual sales of the Nautica fragrance portfolio will exceed $70 million in the first years under our management. We remain grateful for the continuing relationship with Authentic Brands Group (“Authentic”) and appreciate their continuing trust in our abilities.” Jamie Salter, Founder, Chairman and Chief Executive Officer of Authentic, owner of the Nautica brand, said, “Interparfums has proven to be a wonderful par Show less Read more
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