Description of Interparfums Inc's Business Segments
We are the owner of the Rochas brand, and Lanvin brand name and trademark for
our class of trade. In addition, we have built a portfolio of licensed prestige
brands whereby we produce and distribute our prestige fragrance products under
license agreements with brand owners. Under license agreements, we obtain the
right to use the brand name, create new fragrances and packaging, determine positioning
and distribution, and market and sell the licensed products, in exchange for the
payment of royalties. Our rights under license agreements are also generally subject
to certain minimum sales requirements and advertising expenditures as are customary
in our industry.
Our licenses for these brands expire on the following dates:
Brand Name Expiration Date
Abercrombie & Fitch
Agent Provocateur
Anna Sui
Balmain
Banana Republic
bebe Stores
Boucheron
Coach
Dunhill
French
Hollister
Jimmy Choo
Karl Lagerfeld
Montblanc
Oscar de la Renta
Paul Smith
Repetto
Shanghai Tang
S.T. Dupont
Van Cleef & Arpels
In connection with the acquisition of the Lanvin brand names and trademarks, we
granted Lanvin the right to repurchase the brand names and trademarks in 2025
for the greater of €70 million (approximately $76 million) or one times the
average of the annual sales for the years ending December 31, 2023 and 2024.
Fragrance Portfolio
Abercrombie & Fitch and Hollister— In December 2014, we entered into
a 7-year exclusive worldwide license to create, produce and distribute new fragrances
and fragrance related products under the Abercrombie & Fitch and Hollister
brand names. The Company will distribute these fragrances internationally in specialty
stores, high-end department stores and duty free shops, and in the U.S., in duty
free shops and potentially in Abercrombie & Fitch and Hollister retail stores.
A new men’s and women’s scent are planned for Hollister in 2016 along
with a new men’s scent for Abercrombie & Fitch. A women’s Abercrombie
& Fitch scent is in the works for 2017.
Abercrombie & Fitch Co. is a leading global specialty retailer of high-quality,
casual apparel for Men, Women and kids with an active, youthful lifestyle. The
Company operates stores in the United States, Canada, Europe, Asia, Australia
and the Middle East.
Agent Provocateur— In July 2013, we entered into a 10.5-year exclusive worldwide
license to create, produce and distribute fragrances and fragrance related products
under London-based luxury lingerie brand, Agent Provocateur. In 2013, we commenced
distribution of selected fragrances within the brand’s legacy fragrance
portfolio and in 2014, we launched our first new Agent Provocateur scents, Fatale
and Fatale Pink. In 2016, we plan to launch Agent Provocateur Aphrodisiaque, our
second fragrance family for the brand. Agent Provocateur fragrance sales are concentrated
in the United Kingdom and the Middle East.
Founded in 1994 by Joseph Corré, and Serena Rees and acquired by the private
equity firm, 3i Group plc in 2007, Agent Provocateur is an iconic, globally-recognized
brand, breaking new ground with every collection and rightfully earning its place
as a benchmark brand in the world of lingerie. It is a brand that is confident,
sensual and irreverent. Agent Provocateur celebrates and empowers women with a
unique brand image renowned for being provocative and yet always leaving something
to the imagination.
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