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Burberry To Buy Back Fragrance License At The End Of The Year

Filed under: Business BlitzJimmy ChooFragranz!GapBurberryLanvin

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Burberry is officially going out on their own!

Last week, the luxury brand was still in talks with Inter Parfums Inc. concerning whether or not they would buy back their fragrance and beauty license.

And now, Burberry has put an end to the chatter, and will purchase their rights at the end of this year for $220.8 million.

Unfortunately for Inter Parfums Inc.

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