Inter Parfums, Inc. completed the acquisition of Salvatore Ferragamo S.p.A..
October 30, 2021
Share
Inter Parfums, Inc. (NasdaqGS:IPAR) entered into agreement to acquire Salvatore Ferragamo S.p.A. (BIT:SFER) on July 7, 2021. The license will be effective from October 2021 and will last for 10 years with a 5-year optional term, subject to certain conditions.
Inter Parfums, Inc. (NasdaqGS:IPAR) completed the acquisition of Salvatore Ferragamo S.p.A. (BIT:SFER) on October 1, 2021.
Inter Parfums, Inc. manufactures, markets and distributes a range of fragrance and fragrance related products. The Company has two segments. The Company produces and distributes its fragrance products under license agreements with brand owners, and fragrance product sales through its European based operations segment. It has built a portfolio of brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, and Van Cleef & Arpels, whose products are distributed in approximately 120 countries around the world. Its brand fragrance products are also produced and marketed through its United States based operations. These fragrance products are sold under trademarks owned by the Company or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, and Ungaro.
INTER PARFUMS, INC. 
