The most significant of these is a new Burberry fragrance family for men and women in conjunction with Burberry's 150th anniversary. There will also be new women's fragrances for Lanvin and Christian Lacroix and new men's lines for Paul Smith, S.T. Dupont and Nickel.
He went on to say that as they reported earlier this month, they have budgeted a continued high level of expenses related to their new Banana Republic and Gap personal care product programs in the coming year. Nonetheless, they believe that with the initial Banana Republic products in the stores this coming Fall, this program should be accretive in 2006. The Gap program remains on schedule for an early 2007 store debut.
Leading fragrance maker Inter Parfums also develops and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Burberry, S.T. Dupont, Paul Smith, Christian Lacroix, Celine, Diane von Furstenberg and Lanvin.