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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...

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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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