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Inter Parfums Extends Oscar de la Renta License to 2031

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Inter Parfums' forthcoming Coach fragrance is expected to boost sales through 2017.

Since 2013, Inter Parfums, Inc. has held the exclusive licensing agreement to "create, produce and distribute perfumes and cosmetics under the Oscar de la Renta brand." That partnership has now been extended through December 31, 2031, with an additional five-year extension option through December 31, 2036.

The original license agreement would have expired on December 31, 2025.

“It is with great excitement that we announce the extension of our amended agreement with Oscar de la Renta, which carries our license beyond the next decade," said Jean Madar, chairman and CEO of Inter Parfums, Inc. "Since we took over distribution of its fragrance portfolio, we have launched several new fragrance families, including our newest, the Bella collection, and Oscar de la Renta has become one of most important brands within our U.S. operations.”

Madar continued, “Our strong sales growth has further validated our proven strategy of committing resources and knowledge to long-term partnerships with iconic pillars of fashion, such as Oscar de la Renta, to develop prestige fragrances that capture the essence of each brand. We look forward to many more years of success in working with Oscar de la Renta.”

“We are extremely pleased to extend our already successful partnership with Inter Parfums," said Alex Bolen, CEO of Oscar de la Renta, LLC. "While working closely with Inter Parfums creative, commercial and marketing teams, we have achieved significant sales growth over the last six years, bolstering the Oscar de la Renta fragrance franchise globally. We look forward to continued success for many years to come.”