PR Newswire/Les Echos/
KARL LAGERFELD BV and INTERPARFUMS SA
sign a new exclusive fragrance license agreement
KARL LAGERFELD, the internationally renowned fashion house, and INTERPARFUMS,
the creator of prestige perfumes and cosmetics, have signed a worldwide and
exclusive license agreement to create, produce and distribute perfumes under
the KARL LAGERFELD brand. This 20-year agreement starting today replaces a
previous license between the KARL LAGERFELD and COTY companies, terminated by
The launch of a new fragrance line is scheduled for 2014.
Paris, October 25, 2012
Karl Lagerfeld, commented: "Nothing's more exciting than a new venture and
I am sure that INTERPARFUMS will go in the best direction and that they have
the possibility and the will to do so."
Pier Paolo Righi, President and CEO of KARL LAGERFELD BV said: "We are
extremely excited to enter into a long term partnership with INTERPARFUMS who
fully share our vision for the strategic development of the KARL LAGERFELD
brand and who bring great experience in successfully building luxury fragrance
businesses with a long term view."
Philippe Bénacin, President and CEO of INTERPARFUMS SA added: "Karl Lagerfeld
is one of the most talented designers worldwide. We are proud of his confidence
in us as a partner to pursue strategic and long term fragrance development for
the brand and we will actively devote our know-how and resources in order to
contribute to a large international success."
KARL LAGERFELD Company profile
Under the creative direction of Karl Lagerfeld, one of the world's most
influential and iconic designers, the Lagerfeld Portfolio represents a modern
approach to distribution, an innovative digital strategy and a global
360 degree vision that reflects the designer's own style and soul. The
portfolio comprises three labels:
- Karl, the new line aimed at a cosmopolitan and digitally-savvy clientele,
launched exclusively online.
- Karl Lagerfeld Paris, the premium ready-to-wear collection for women and
- Lagerfeld, the menswear line for everyday, urban living.
Each line has its own accessories offering including eyewear, bags, shoes, and
Located in the Saint-Germain-des-Prés district of Paris, the KARL LAGERFELD
Company has been part of the portfolio of the British investment fund, APAX
PARTNERS, since 2006.
INTERPARFUMS SA Company profile
Founded by Philippe Bénacin and Jean Madar in 1982, INTERPARFUMS SA develops,
manufactures and distributes prestige perfumes and cosmetics as the exclusive
worldwide licensee for Burberry, Montblanc, Jimmy Choo, Boucheron, Van Cleef
& Arpels, Paul Smith, S.T. Dupont, Balmain and Repetto. The Company also owns
Lanvin Perfumes and Nickel, a men's skincare company. Its products are sold in
over 100 countries worldwide in a selective distribution network. INTERPARFUMS
SA has had a consistent track record of strong growth in recent years and is
listed on NYSE Euronext Paris with a market capitalization of more than EUR400
Shareholder information Contact INTERPARFUMS SA
Tel.: +33(0)1 53 77 00 99 Philippe Bénacin
President & CEO
+33 (0)1 53 77 00 00
Contact KARL LAGERFELD BV
Head of communications
+33 (0)1 44 50 22 18
www.interparfums.fr Codes: Reuters IPAR.PA, Bloomberg ITP,
ISIN FR0004024222-ITP Indices: CAC Mid & Small
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-0- Oct/25/2012 10:16 GMT
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