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Inter Parfums and Oscar de la Renta extend fragrance licence deal

Inter Parfums Inc. and Oscar de la Renta LLC have extended their license agreement and will continue to work together through December 31, 2031 with an additional five-year extension option that would take the two companies through to 2036.

Inter Parfums and Oscar de la Renta started their collaboration in October 2013 with an initial deal that would have expired on December 31, 2025.

Since we took over distribution of Oscar de la Renta’s 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,” commented Jean Madar, Chairman & CEO of Inter Parfums, Inc.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.

While working closely with Inter Parfums creative, commercial and marketing teams, we have achieved significant sales growth over the last 6 years, bolstering the Oscar de la Renta fragrance franchise globally. We look forward to continued success for many years to come," added Alex Bolen, Chief Executive Officer of Oscar de la Renta, LLC.

© 2019 - Premium Beauty News -
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