History

Interparfums is active in the perfume and cosmetics business and specializes in prestige perfumes.

Created in 1982 by Philippe Benacin and Jean Madar, Interparfums began by developing mass-market perfumes with the creation and distribution of moderately priced eaux de toilette before shifting its strategic focus in the early 1990s to selective perfumes.

In 1993, the company signed a licensing agreement to produce perfumes under the British brand name Burberry, the first step in its strategy of creating a portfolio of international perfume and cosmetics brands in the high-end, ready-to-wear, and high fashion and accessories sectors.

In 1995, the initial public offering on the Second Marché of the Paris Stock Exchange provided the company resources to finance its expansion that was followed by series of fragrance license agreements:

Burberry	In July 1993, the Interparfums Company closed an exclusive licensing agreement with the Burberry Ltd Company, covering the design, manufacturing and worldwide distribution of fragrances under the Burberry brand over a 10 year period. In February 2000, the parties chose to lengthen the duration by another three years. The termination date became December 31^st 2006. In October 2004, the Interparfums Company and the Burberry’s Company entered into a new licensing agreement applicable as from July 1^st 2004 for a 12 year and six month period. The agreement provides that an additional five year period may be opted for by the parties under the same terms. The agreement also provides that, on December 31^st 2009 or on December 31^st 2011, Burberry may choose to buy back from Interparfums the licensing rights at arm’s length price. In December 2010, Interparfums and Burberry have extended by one year certain terms of their fragrance licence, including the length of the agreement to 31 December 2017. Burberry’s right to buy the licence has moved from 31 December 2011 to 31 December 2012, and the option requiring the consent of both parties to extend the licence five years beyond 2017 now becomes exercisable at 31 December 2015. In December 2011, Interparfums and Burberry announced that they are in discussions regarding the establishment of a new operating structure for the Burberry fragrance and beauty business. As there can be no assurance that an agreement will be reached, Burberry has exercised its right to evaluate the purchase price for the unexpired term of the existing license. In this process, Burberry has until July 31, 2012 to determine whether it wishes to buy out the unexpired portion of the license or continue the existing license which runs through December 31, 2017.
S.T. Dupont	In July 1997, the Interparfums Company and the S.T. Dupont Company entered into an exclusive licensing agreement covering the design, manufacturing and worldwide distribution of fragrances for a 11 year period. In April 2006, the agreement was lengthened by another 3 years. It will be applicable up until June 30^th 2011. On 26 April 2011, this license agreement was renewed for 5 ½ years to 31 December 2016.
Paul Smith	In December 1998, the Interparfums Company and the Paul Smith Company entered into an exclusive licensing agreement covering the design, manufacturing and worldwide distribution of fragrances and cosmetics for a 12 year period. In July 2008, this agreement was extended for seven years until December 31, 2017 on the basis of comparable contractual terms and conditions.
Nickel	In April 2004, Interparfums acquired a majority stake in Nickel, a company specialized in skincare products for men. In June 2007, Nickel became a wholly-owned subsidiary after Interparfums acquired the company’s remaining shares.
Lanvin	In June 2004, the Interparfums Company and the Lanvin Company entered into an exclusive licensing agreement applicable as from July 1^st 2004, covering the design, manufacturing and worldwide distribution of fragrances for a 15 year period. At the end of July 2007, Interparfums acquired the Lanvin brand names and international trademarks for class 3 fragrance products and make-up from the Jeanne Lanvin company. Interparfums and Lanvin have mutually agreed to terminate the existing licensing contract signed in June 2004 as from the date of the sale and have entered a technical and creative assistance agreement in view of developing new perfumes in return for payment based upon net sales. This agreement will stand until June 30th 2019. The Lanvin Company holds a buy back option for the brands, which will be exercisable on July 1st 2025.
Van Cleef & Arpels	In March 2006, the Interparfums Group of Companies and the Van Cleef & Arpels Group of Companies entered into an exclusive licensing agreement covering the manufacturing and distribution of fragrances, and derived products under the Van Cleef & Arpels brand for a 12 year period, starting on January 1^st 2007.
Jimmy Choo	In October 2009, Jimmy Choo and Interparfums have signed a 12-year worldwide licence agreement commencing on January 1^st 2010 for the creation, development and distribution of fragrances under the Jimmy Choo brand.
Montblanc	Montblanc International GmbH and Interparfums^SA have signed a license agreement to create, produce and distribute perfumes and ancillary products under the Montblanc brand. This license agreement for ten and a half years take effect on July 1, 2010.
Boucheron	In december 2010, Boucheron and Interparfums a have signed a worldwide license agreement to create and manage both new and existing fragrances for a 15 year period, starting on January 1st 2011
Balmain	In july 2011, Balmain and Interparfums a have signed a worldwide license agreement to create, produce and distribute perfumes under the Balmain brand for a 12 year period, starting on January 1st 2012.
Repetto	La Maison Repetto and Interparfums, the creator of prestige perfumes and cosmetics, have signed a 13-year worldwide license agreement starting on January 1, 2012 for the creation, development and distribution of fragrances under the Repetto brand.