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JEAN PHILIPPE GAINS BAL A VERSAILLES AND REVOLUTION A VERSAILLES

This article was originally published in The Rose Sheet

Executive Summary

JEAN PHILIPPE GAINS BAL A VERSAILLES AND REVOLUTION A VERSAILLES scents with the acquisition of the Parfums Jean Desprez business from Jacomo/Zanimob Group. On July 20, Jean Philippe announced that its Inter Parfums subsidiary purchased the common stock of Jean Desprez and its subsidiary for roughly $3.7 million, including purchase price, finder's fee and current inventory. The acquisition does not include manufacturing facilities. With the purchase, the Jean Desprez fragrances, which have been marketed in the U.S. by Alfin, will be distributed worldwide by Inter Parfum.
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