By  on October 18, 2013

After more than three years of working to restore the luster of the Oscar de la Renta fragrance business, the design house has signed a multiyear global licensing pact, as well as the sale of certain assets, in a deal with Inter Parfums USA LLC, a subsidiary of Inter Parfums Inc.

The acquisition is expected to be completed by Dec. 2, when Inter Parfums will take over production and distribution of de la Renta’s fragrances. The agreement covers cosmetics as well as scent.

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