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Company extends license deal for another five years.
October 2, 2015
By: Melissa Meisel
Inter Parfums, Inc. has extended its license agreement with Montblanc by five years. The original agreement, signed in 2010, provided Interparfums with the exclusive worldwide license to create, produce and distribute perfumes and ancillary products under the Montblanc brand through Dec. 31, 2020. The new 10-year agreement, which goes into effect on Jan. 1, 2016, extends the partnership through Dec. 31, 2025 without any material changes in operating conditions from the prior license.
Interparfums SA’s annual sales for Montblanc now exceed €80 million, a 400% increase in just four years. Montblanc fragrances have met with enormous worldwide success, driven in particular by performances from Legend and Emblem products.
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