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Inter Parfums and Burberry Sign License

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By: TOM BRANNA

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Inter Parfums Inc.’s Paris-based subsidiary, Inter Parfums S.A., and Burberry have entered into along-term fragrance license confirming the highly successful long-term partnership between thecompanies, executives said. The agreement has a 12.5-year term with an option to extend thelicense by an additional five years subject to mutual agreement. The new agreement replaces theexisting license.The new Burberry fragrance license provides for an increase in the royalty rate effective as of July...

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