Interparfums' (IPAR) 72%-owned subsidiary Interparfums SA said Friday it extended a license deal with Coach for the creation, manufacturing and distribution of fragrances under the Coach brand until June 30, 2031.
The companies signed an exclusive global license agreement in 2015 that is set to run until June 30, 2026.
IPAR shares were up 2.5% in early trading.
Price: 126.90, Change: +3.02, Percent Change: +2.43
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