Inter Parfums completed the acquisition of fragrance licenses of Salvatore Ferragamo.

Inter Parfums, a company manufactures, markets, and distributes fragrances and related products, completed the acquisition of Inter Parfums completed the acquisition of fragrance licenses of Salvatore Ferragamo. Financial terms were not disclosed. “Firstly, we are delighted to welcome the many Salvatore Ferragamo employees who are joining our organization bringing with them decades of brand experience and know-how. From the start, we made a commitment to the Salvatore Ferragamo Group to devote the attention and resources necessary to grow the Ferragamo fragrance business within a selective luxury distribution framework that we have established within our global distribution network. Deriving from our work studying the brand’s potential, we are confident that the expertise we bring to product development, packaging, advertising and marketing will elevate the Ferragamo fragrance profile along with its sales, especially in the brand’s largest markets, notably China and North America,” Jean Madar, Inter Parfums Chairman & CEO.