Inter Parfums, Inc. announced that InterParfums Luxury Brands, a recently formed U.S. company and subsidiary of French subsidiary Inter Parfums SA, will lead the development and distribution of Burberry (fragrances and cosmetics), Lanvin, Montblanc and Jimmy Choo brands in the United States—effective Jan. 1, 2011. The existing distribution agreement between Inter Parfums, SA and P&G Prestige covering the United States for Burberry and Lanvin fragrances expires on Dec. 31, 2010. By mutual agreement, the two parties decided that it will not be renewed, and transfer of distribution including then existing inventory will be carried out in December 2010 and January 2011.
In addition, under the terms of a recently signed four-year agreement, InterParfums Luxury Brands and Clarins Fragrance Group US (a Division of Clarins Group in the U.S. and responsible for the Thierry Mugler, Azzaro, Porsche Design, David Yurman and Swarovski brands) will share and manage an expanded sales force. Logistical and administrative support will be provided by Clarins Group USA from its Park Avenue offices in New York and its warehouse in Orangeburg, New York.
“We are delighted with this opportunity to join forces with InterParfums Luxury Brands in the United States," said Jonathan Zrihen, president and CEO, Clarins Group USA. "The coherent fit and high quality of our respective brands and the combined efforts of our teams should significantly contribute to strengthening positions of both companies in the U.S.”
