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Kate Spade company inks new fragrance deal

Anne Stych
Kate Spade company inks new fragrance deal

Kate Spade New York has entered into a 11-year licensing deal with a French company to create new line of fragrances and expand its international presence. Interparfums SA, a majority-owned Paris subsidiary of Inter Parfums, Inc., will have exclusive rights to produce and distribute Kate Spade branded fragrances for sale in department and specialty stores, duty-free shops and Kate Spade New York retail stores beginning in fall 2020, Beauty Packaging reported. The Kate Spade brand’s youthful, colorful spirit and touch of humor give it a unique and entirely new position within our portfolio which will allow us to develop very creative projects closely aligned with the image conveyed by Nicola Glass, its creative director,” said Jean Madar, chairman and chief executive officer of Interparfums, Inc. The company’s other fragrance brands include Coach, which did nearly $100 million in sales last year, per Women’s Wear Daily, as well as Jimmy Choo, Guess, Oscar de la Renta and Abercrombie & Fitch.