Report
Christophe-Raphaël Ganet

Interparfums : Des signaux rassurants sur l’activité et les marges mais des doutes non complètement levés sur les licences

>Feedback réunion d’analystes : activité saine et sans effet consommation - Licences : les discussions sur la prolongation de la licence Van Cleef & Arpels doivent intervenir courant T1 (prochaine échéance, fin janvier). Nous comprenons que Van Cleef & Arpels (Richemont) souhaiterait limiter la distribution pour des questions d’exposure et d’image ultra premium. Difficile donc d’estimer une probabilité, surtout dans un contexte ou Kering a indiqué qu’il voulait intern...
Underlying
Interparfums

Interparfums SA. Interparfums SA, also known as Interparfums, is a French-based company engaged in the design, manufacturing and marketing of fragrances. The Company designs, produces and distributes perfumes and cosmetics under such brands as Burberry, Boucheron, Burberry Beauty, Jimmy Choo, Lanvin, Montblanc, Nickel, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels, Karl Lagerfeld, among others. The Company is present in Switzerland, Germany, Spain, Italy, the United Kingdom, Singapore, the United States, among others. The Company operates through the subsidiaries, including Interparfums Suisse Sarl, Interparfums Deutschland GmbH, Interparfums Srl, Interparfums Ltd, Interparfums Luxury Brands and Interparfums Singapore. As of December 31, 2013 the Company's shareholder was InterParfums Holding with 73,1% stake in the Company.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Christophe-Raphaël Ganet

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