Interparfums, Inc. (NASDAQ: IPAR) announced a 20-year extension of its exclusive worldwide license agreement with Marquee Brands for the Roberto Cavalli and Just Cavalli fragrance lines. This long-term extension secures the partnership for the creation, development, and global distribution of the fragrances through the end of 2046.
Key Details
- Agreement: The exclusive worldwide license for Roberto Cavalli and Just Cavalli fragrances has been extended for 20 years.
- New Term: The partnership is now effective through December 31, 2046.
- Parties: The agreement is between Interparfums, Inc. and brand management company Marquee Brands.
- Operational Detail: The license will continue to be operated by Interparfums Italia Srl, the company’s wholly-owned Italian subsidiary.