The Parfum d’image Group, through its American subsidiary Parfum d’image Inc., has agreed to acquire a 100% stake in the Los Angeles-based Latitudes International Fragrance.
Founded in 1994 by Jill Belasco, its current chairman and CEO, Latitudes specializes in the creation and manufacturing of private-label fragrance products for retail brands.
Widely recognized in the home fragrance sector, the company’s clients include a number of major retailers, from Old Navy to Pier 1, Williams Sonoma, West Elm, Pottery Barn, Bath & Body Works and Ralph Lauren.
Over the 12 months corresponding to the Parfum d’image Group’s financial year, Latitudes generated over $22 million in revenues.
Ms. Belasco will remain in charge of Latitudes as its chief executive officer and join Parfum d’image Group’s steering committee.
Parfum d’Image To Acquire Latitudes International
Published January 4, 2008
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