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P&G sells unit for $108 million
June 1, 2015
By: TOM BRANNA
Editor
The culling of the Procter & Gamble herd continues, as Interparfums SA paid P&G $108 million for its Rochas brand. According to Jean Madar, chairman and CEO of Inter Parfums, Inc., the s acquisition opens up a new page in the company's history by integrating for the first time both fragrances and fashion. “This will allow us to apply a global approach to managing a fragrance brand with complete freedom in terms of creativity and aesthetic choices and a very high degree ...
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