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Fashion Jobs
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EXPLODE SERVICES
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GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
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NIKE
Senior Technical Product Manager, Inventory & Order – Apla
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Senior Technical Product Manager, Finance – Apla
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OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
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NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
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Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
By
Reuters
Published
Jul 17, 2012
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Burberry serves notice to end InterParfums deal

By
Reuters
Published
Jul 17, 2012

Luxury brand Burberry said it has served notice of its intention to end its fragrance and beauty products licence agreement with InterParfums at the end of the year, though talks with the French company continue.


Photo: Pixel Formula


"To maintain flexibility in pursuing its objective to develop fully this business in the future, Burberry has served notice of its intention to terminate the licence agreement with effect from December 31 2012," Burberry said on Tuesday.

It said upon termination Burberry would pay InterParfums approximately 181 million euros (141.55 million pounds)

However, Burberry also said discussions with InterParfums were continuing, adding their outcome "is uncertain".

Burberry and InterParfums, the exclusive worldwide license for Burberry fragrance and beauty products, have been in talks since last December regarding the potential establishment of a new operating model for the Burberry fragrance and beauty business.

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