Lacoste signal license settlement with Inter Parfums
Thierry Guibert, Lacoste President, said: “Interparfums’ confirmed know-how and creativity will likely be key property to proceed the event of our perfume class, which performs a major position in Lacoste’s status. Our widespread imaginative and prescient will allow us to take an strategy that’s more and more according to the model’s robust identification codes, whose fragrances nonetheless have nice potential.”
Jean Madar, Chairman and CEO of Inter Parfums, Inc., added: “Lacoste is an emblematic model on this planet of style and sport with a really excessive stage of consciousness and desirability all through the world. The administration crew has a transparent and exact imaginative and prescient of the model’s nice growth potential, which may also enable us to take the perfumes larger and additional. This is a vital new strategic step within the lifetime of Interparfums. We’re delighted and thrilled about this thrilling partnership.”
Lacoste first entered the perfume world within the late sixties in partnership with Jean Patou. Procter & Gamble acquired Jean Patou, and the Lacoste license in 2001. In 2015 the licensed then handed to Coty.
