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Burberry to end fragrance and beauty deal with InterParfums Tuesday, 17th July 2012

 

Burberry is planning to end its fragrance and beauty agreement with InterParfums at a cost of £141 million, according to reports.

In a statement, Burberry said: "To maintain flexibility in pursuing its objective to develop fully this business in the future, Burberry has served notice of its intention to terminate the licence agreement with effect from December 31 2012."


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