Jean Philippe
This article was originally published in The Rose Sheet
Executive Summary
Acquires worldwide rights to the Intimate fragrance brand from Revlon, the firm announces March 3. The company also signs a "long-term" licensing agreement with Revlon covering use of the Chaz trademark for men's fragrances, deodorants and body sprays. The Intimate and Chaz brands include a number of moderately priced mass market fragrances that currently are distributed in "a number of countries throughout the world," Jean Philippe, says. Separately, the firm announces the completion of the acquisition of the Parfums Molyneux and Parfums Weil product lines from Cosmetiques et Parfums de France I.D. S.A. for $3.45 mil. in cash and 200,00 shares of Jean Philippe common stock. Jean Philippe announced its intent to acquire the Parfums Molyneux and Parfums Weil brands in January ("The Rose Sheet" Jan. 11, p. 11)