Inter Parfums SA, the prestige fragrance company, and Burberry, the global luxury company, have extended by one year certain terms of their fragrance license, including the length of the agreement to Dec. 31, 2017. Burberry’s right to buy the license has moved from Dec. 31, 2011 to Dec. 31, 2012, and the option requiring the consent of both parties to extend the license five years beyond 2017 now becomes exercisable at Dec. 31, 2015. Burberry Chief Executive Officer Angela Ahrendts commented,...