Brief: La Perla Fashion Holding Announces End Of Existing License For Beauty Products With Revlon

La Perla Fashion Holding NV

20/07/2020 10:42

July 20 (Reuters) - LA PERLA FASHION HOLDING NV  ALPER.PA :
    * ANNOUNCES THAT REVLON AND LA PERLA HAVE NOW AGREED TO END
THEIR
EXISTING LICENSE FOR BEAUTY PRODUCTS
    * THESE RESPONSIBILITIES WILL BE ASSUMED BY LA PERLA BEAUTY,
A
WHOLLY-OWNED SUBSIDIARY OF LA PERLA FASHION HOLDING N.V.
    * LA PERLA BRAND WILL BE LICENSED ON AN EXCLUSIVE BASIS TO
LA
PERLA BEAUTY AND WILL FOCUS ON LUXURY FRAGRANCE, COSMETICS AND
SKINCARE
    * AN INITIAL LAUNCH IS ANTICIPATED FOR OCTOBER 2020, WITH
FURTHER
ROLL-OUT PLANNED FOR 2021

Source text for Eikon:  ID:nACT64337 
Further company coverage:  ALPER.PA 

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