Core Viewpoint - Interparfums, Inc. has entered into a 20-year exclusive worldwide license agreement with Nautica for the creation, development, production, and distribution of fragrances under the Nautica brand name [1][2]. Company Overview - Interparfums, Inc. has been operating in the global fragrance business since 1982, producing and distributing a wide array of prestige fragrance products under various brand licenses [3]. - The company manages its operations through two segments: European operations via a 72% owned subsidiary, Interparfums SA, and U.S. operations through wholly owned subsidiaries in the U.S. and Italy [3]. Nautica Brand Insights - Nautica is recognized as a global lifestyle brand that embodies the essence of water and modern style, with a diverse product range across over 70 categories including apparel and accessories [9][10]. - The brand is available in nearly 1,300 freestanding stores and shop-in-shops across more than 30 countries, as well as online [10]. Financial Projections - Interparfums estimates that total annual sales of the Nautica fragrance portfolio will exceed $70 million in the initial years of management [2].
Interparfums, Inc. Announces Exclusive Worldwide License Agreement With Nautica