WWD.com/beauty-industry-news/fragrance/burberry-to-buy-its-fragrance-license-6084520

fragrance

July 17, 2012

Burberry Exiting Inter Parfums License

The buyout price is 181 million euros, or $222.6 million at current exchange, exclusive of receivables, inventories and other tangible assets.

By Jennifer Weil

fragrance/news

PARIS — Inter Parfums SA stock tumbled 6.1 percent Tuesday, following news that Burberry had exercised its option to buy out the license rights for its fragrance and beauty products...

Burberry Exiting Inter Parfums License

The buyout price is 181 million euros, or $222.6 million at current exchange, exclusive of receivables, inventories and other tangible assets.

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