PARIS — Montblanc and Interparfums SA have extended their fragrance license for an additional five years, through Dec. 31, 2025.
The companies in 2010 had signed a 10-year agreement to create, produce and distribute perfumes and ancillary products under the Montblanc brand.
Montblanc fragrances now annually generate more than 80 million euros, or $89.3 million at current exchange, a 400 percent rise since four years ago. The brand’s bestsellers include the Montblanc Legend and Emblem collections.
The new 10-year fragrance license will come into effect on Jan. 1, 2016, without any material changes in the license operating conditions.
Philippe Benacin, chief executive officer of Interparfums SA, said the extension would “reinforce our long-term visibility by notably setting the stage for developing a product offering in the women’s fragrance universe.”
Interparfums SA is the Paris-based subsidiary of Inter Parfums Inc., of New York.