Inter Parfums, Inc. is engaged in ongoing exclusive negotiations with Salvatore Ferragamo S.p.A. to become the worldwide and exclusive licensee for the Ferragamo perfume brand.
Ferragamo currently manages the business in house.
The structure of the contemplated transaction is aimed at giving a further boost to the fragrance business, preserving the brand’s values and heritage, with Made in Italy products and selective distribution worldwide in line with the brand positioning, according to Inter Parfums, which was ranked No. 21 in Happi's 2020 Top 50 Report.
Closing is subject to the signing of definitive agreements.
Salvatore Ferragamo S.p.A. is the parent company of the Salvatore Ferragamo Group, one of the world's leaders in the luxury industry and whose origins date back to 1927.
Inter Parfums, Inc. develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for many brands including Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Dunhill, Graff, Guess, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, MCM, Moncler, Montblanc, Oscar de la Renta, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels. Inter Parfums is also the owner of Lanvin fragrances and the Rochas brand.