Interparfums : Reassuring signals on activity/margins but doubts on licences not completely eliminated
>Feedback from the analysts meeting: healthy activity with no consumption effect - Licences: discussions on the prolongation of the Van Cleef & Arpels licence are anticipated in Q1 (next deadline, end-January). We understand that Van Cleef & Arpels (Richemont) is looking to limit distribution due to reasons of exposure and ultra-premium image. It is therefore difficult to estimate a probability, particularly in the context in which Kering has indicated that it is look...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.
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.
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