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Stock Market & Financial Investment News

News Breaks
March 12, 2013
16:17 EDTIPARInter Parfums is enthusiastic about prospects for growth
Company said "Looking ahead, we are extremely enthusiastic about our prospects for growth coming from our core brands, recent additions and hopefully new ones that may be added. In 2013 we have a full slate of product launches underway or planned. Flash by Jimmy Choo, Me by Lanvin and Desire by bebe have debuted, and we have new products in the pipeline for Van Cleef & Arpels, Boucheron, and Repetto, plus brand extensions, flankers and special items for the gift giving holiday season. Beyond this year, we are moving forward developing new fragrances for the Karl Lagerfeld and Alfred Dunhill brands for launch in 2014."
News For IPAR From The Last 14 Days
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March 19, 2015
08:03 EDTIPARInter Parfums unit to acquire Procter & Gamble's Rochas brand for $108M
Inter Parfums (IPAR) announced that its majority owned Paris-based subsidiary, Interparfums S.A. has entered into an agreement with The Procter & Gamble Company (PG) to acquire the Rochas brand. This transaction will cover all brand names and registered trademarks for Rochas, mainly for class 3 cosmetics and class 25 fashion. This acquisition will be payable in cash on the closing date for $108M and financed entirely through a medium term loan. This transaction is expected to be completed within the first half of 2015, subject to customary closing conditions.

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