Interparfums said on Thursday it would buy perfumes and fashion company Rochas from U.S.-based Procter & Gamble for $108 million, taking the French fragrances group into the fashion business for the first time.
JAB Luxury has shelved luxury bag brand Zagliani, ending the release of its collections. Only its production workshop will stay in business, incorporated into shoemaker Bally, another label owned by the German group.
Interparfums full year revenue for 2014 rose 19%, led by Montblanc, Lanvin and Jimmy Choo. The group also explains that it has intensified its discussions regarding the expansion of its brand portfolio.
For the second consecutive season, the luxury footwear and accessories brand chose British actor Kit Harington as the face of its men's line. The women's campaign stars American supermodel Ondria Hardin.
Interparfums, a specialist in the design and distribution of fragrances under license, confirmed on Tuesday that it would meet goals for 2014 and expects a “significant increase" in sales and an improved operating mar...