Interparfums extends Roberto Cavalli fragrance rights through 2046

Interparfums ($IPAR) and Marquee Brands extended their exclusive worldwide fragrance agreement for Roberto Cavalli and Just Cavalli for 20 years, taking the relationship through December 2046. Interparfums will continue creating, developing and distributing fragrances under the brands. Financial terms of the extension were not disclosed.

The companies are extending a licensing relationship established in 2023, rather than transferring ownership of the Roberto Cavalli brand to Interparfums. The longer term provides a contractual basis for future product development and distribution, but does not guarantee a particular sales level. Earlier launches, including the Serpentine fragrance, form part of the background to the partnership rather than separate new announcements. No revised revenue or profit guidance accompanied the extension.

Sources:

• Interparfums / Marquee Brands — license extension, company release reprint