08.02.2005 22:06:00
|
Inter Parfums Appoints Marcella Cacci President of Burberry Fragrances
Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 8, 2005--Inter Parfums, Inc. (NASDAQ National Market: IPAR) today announced the appointment of Marcella Cacci to the post of President of Burberry Fragrances worldwide effective March 15, 2005. Burberry Fragrances will be a new operating division dedicated solely to the Burberry brand within Inter Parfums, S.A., our Paris based subsidiary. As previously reported, Inter Parfums, S.A. signed a new long-term fragrance license agreement with Burberry in October 2004.
In the new role, Ms. Cacci will be responsible for the strategic direction, management and operational control of Burberry Fragrances. Ms. Cacci joins Inter Parfums from the Burberry Group where she spent five years, most recently in the position of Senior Vice President of Global Licensing. Before joining Burberry, she held the position of Managing Director of Etro North America.
Philippe Benacin, Chief Executive Officer of Inter Parfums, S.A., stated, "I am pleased that Marcella Cacci will be heading the Burberry Fragrances division at Inter Parfums during this important phase in the Company's development. Her understanding of the luxury market combined with strong commercial direction and marketing expertise will bring added dimension to the Inter Parfums team."
Burberry Chief Executive Rose Marie Bravo, stated, "Marcella has been pivotal in the development of Burberry's global licenses and has made a significant contribution to enhancing the profit and recognition of our fragrance portfolio." She added, "The establishment of the Burberry Fragrances division within Inter Parfums is an important initiative for both companies and demonstrates the strength of our partnership. I look forward to continue working with Marcella and her team to maximize the potential of this key Burberry brand extension."
Marcella Cacci commented, "The formation of this new division is an exceptional opportunity to continue to drive the incredible momentum of Burberry Fragrances. I look forward to working with Philippe Benacin and the team to take the business into the next phase of growth while drawing upon my relationship with Burberry."
Inter Parfums develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Burberry, S.T. Dupont, Paul Smith, Christian Lacroix, Celine, Diane von Furstenberg and Lanvin. The Company also has controlling interest in Nickel S.A., a men's skin care company. In addition, Inter Parfums is a leading producer and supplier of consumer fragrances, cosmetics and personal care products. The Company's products are sold in over 120 countries worldwide.
Statements in this release which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from projected results. Such factors include renewal of existing license agreements, effectiveness of sales and marketing efforts and product acceptance by consumers, dependence upon management, competition, currency fluctuation and international tariff and trade barriers and governmental regulation. Given these uncertainties, you are cautioned not to place undue reliance on the forward-looking statements.
--30--SS/ny*
CONTACT: Inter Parfums, Inc. Russell Greenberg, Exec. VP & CFO 212-983-2640 rgreenberg@interparfumsinc.com www.interparfumsinc.com or Investor Relations Counsel The Equity Group Inc. Linda Latman, 212-836-9609 llatman@equityny.com www.theequitygroup.com
KEYWORD: NEW YORK INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD RETAIL MANAGEMENT CHANGES SOURCE: Inter Parfums, Inc.
Copyright Business Wire 2005
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Inter Parfums Inc.mehr Nachrichten
Analysen zu Inter Parfums Inc.mehr Analysen
Aktien in diesem Artikel
Inter Parfums Inc. | 131,67 | 0,42% |
Indizes in diesem Artikel
NASDAQ Comp. | 19 478,88 | -0,06% |