Celine and Inter Parfums, Inc. Subsidiary Sign License Agreement for Development of Perfume Lines.Business Editors NEW YORK--(BUSINESS WIRE)--May 23, 2000 Inter Parfums, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market: IPAR IPAR Institute for Policy Analysis and Research IPAR Intercepted Photosynthetically Active Radiation IPAR Institute of Personality Assessment and Research (now Institute of Personality and Social Research; University of California, Berkeley) ) announced today that Celine, a division of LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer) Moet Hennessy Louis Vuitton S.A., and Inter Parfums, S.A., the Company's French subsidiary, have entered into an exclusive worldwide license agreement for the development, manufacturing and distribution of fragrance lines under the Celine brand name. Inter Parfums, S.A. will commence distributing Magic, Celine's existing fragrance line, beginning January 1, 2001. Two new fragrance lines are to be created and launched by Inter Parfums, S.A. within the next eighteen months. Celine, the French luxury fashion and accessory company, part of LVMH, is known throughout the world for its luxury and quality products, as well as the unique designs of Michael Kors  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . . This agreement is an important part of Celine's strategy to develop dynamic brand recognition and to offer a varied range of luxury items to an international clientele. Association with this prestigious fashion label is an important step in the development and expansion of the prestige business of the Company. This relationship is expected to add strength to all of the Company's prestige brands Prestige Brands, Inc. NYSE: PBH is a company that manufactures personal care and home cleaning products. It was formed by the merger of Medtech Products, Inc., Prestige Brands International, and The Spic and Span Company. The company is headquartered in Irvington, New York. and contribute to its continued growth. Inter Parfums, Inc. develops, manufactures and distributes prestige perfumes such as Burberry, S.T. Dupont, Paul Smith and Christian Lacroix Christian Marie Marc Lacroix (May 16 1951 in Arles, France) is a French fashion designer. Early life In early childhood, Lacroix attended bullfighting events and enjoyed Gypsy and Provencal traditions as well. in over 100 countries worldwide and produces and distributes mass market fragrances and cosmetics. |
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