Inter Parfums (IPAR -7.8%) declines sharply after disclosing that it's in discussions with...

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

Inter Parfums (IPAR -7.8%) declines sharply after disclosing that it's in discussions with Burberry Group regarding the establishment of a new operating structure for the Burberry fragrance and beauty business.