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New accord facilities a 'smooth transition' through March 31, 2013.
October 11, 2012
By: TOM BRANNA
Editor
Inter Parfums’ subsidiary Interperfurms USA and Burberry have signed a transition agreement in order to facilitate a “smooth transition” of the Burberry fragrance and beauty business. Under terms of this accord, Interparfums USA will continue operating the business for this brand until March 31, 2013, at which time it will be turned over to Burberry. In July 2012, after several months of discussions, Interparfums and Burberry were unable to agree on final terms on a new operating model...
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