Inter Parfums (IPAR +4.5%) trades up after inking an exclusive, worldwide 10-year license deal...

|About: Inter Parfums, Inc. (IPAR)|By:, SA News Editor

Inter Parfums (IPAR +4.5%) trades up after inking an exclusive, worldwide 10-year license deal to create and distribute perfumes and related products under the Alfred Dunhill brand, which focuses on luxury goods for men. The agreement, which starts on April 3, replaces a previous license deal Alfred Dunhill held with Procter & Gamble (PG -0.9%).