Inter Parfums and Montblanc Extend License Agreement

NEW YORK–(BUSINESS WIRE)–Inter Parfums, Inc. (NASDAQ GS:IPAR) today announced that its majority
owned Paris-based subsidiary, Interparfums^SA, has extended
its license agreement with Montblanc by five years. The original
agreement, signed in 2010, provided Interparfums^SA with the
exclusive worldwide license to create, produce and distribute perfumes
and ancillary products under the Montblanc brand through December 31,
2020. The new 10-year agreement, which goes into effect on January 1,
2016, extends the partnership through December 31, 2025 without any
material changes in operating conditions from the prior license.

Interparfums SA’s annual sales for Montblanc now exceed €80 million, a
400% increase in just 4 years. Montblanc fragrances have met with
enormous worldwide success, driven in particular by performances from
the Montblanc Legend and Montblanc Emblem lines.

Jérôme Lambert, Chief Executive Officer of Montblanc, commented, “We are
very proud to announce the extension of our partnership with
Interparfums. The remarkable successes achieved in the last few years,
the result of our close collaboration, have naturally led us to renew
our confidence in Interparfums for the next 10 years.”

Jean Madar, Chairman and Chief Executive Officer of Inter Parfums, Inc.,
added, “Montblanc fragrances have met with growing success since the
signing of our first license agreement, first with the Montblanc
Legend line and then the Montblanc Emblem line. The work
accomplished upstream by the Maison has contributed considerably to this
success, and has allowed us to build a lasting position in the universe
of men’s fragrances. We are very pleased that this new license agreement
will reinforce our long-term visibility, by notably setting the stage
for developing a product offering in the women’s fragrance universe.”

About Montblanc:

For more than a century, Montblanc has embraced the traditions of
lasting value and exquisite craftsmanship. The maison’s uncompromising
principles of design, style, quality and workmanship have allowed it to
create heirloom collections that are passed from generation to
generation. The iconic Montblanc emblem has become a symbol of
excellence for luxury writing instruments, timepieces, leather,
accessories, fragrances and sunglasses – and the maison has made an
enduring commitment to encourage excellence through cultural
advancement. Montblanc has its roots in writing culture and therefore
sees a particular obligation to its own cultural commitment.

About Inter Parfums:

In the more than 30 years since its founding, Inter Parfums, Inc. has
been selected as the fragrance and beauty partner for a growing list of
brands that include Abercrombie & Fitch, Agent Provocateur, Anna Sui,
Balmain, Banana Republic, bebe, Boucheron, Coach, Dunhill, Gap,
Hollister, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Oscar de la
Renta, Paul Smith, Repetto, Rochas, Shanghai Tang, S.T. Dupont and Van
Cleef & Arpels. Inter Parfums is known for innovation, quality and its
ability to capture the genetic code of each brand in the products it
develops, manufactures and distributes in over 100 countries worldwide.

Contacts

Inter Parfums, Inc.
Russell Greenberg, 212-983-2640
Exec. VP &
CFO
rgreenberg@interparfumsinc.com
www.interparfumsinc.com
or
Investor
Relations Counsel
The Equity Group Inc.
Fred Buonocore,
212-836-9607
fbuonocore@equityny.com
or
Linda
Latman, 212-836-9609
llatman@equityny.com
www.theequitygroup.com