Inter Parfums maintains FY view, outlines plans for 2013

Perfume maker Inter Parfums Inc, which will lose its Burberry license at the end of the year, maintained its full-year forecast and outlined plans to revamp its business in 2013. Photo: Inter ParfumsThe company said it will expand existing brands into new markets and add new brands either on its own or as a licensee. It expects to begin 2013 with about $250 million in cash and shareholders' equity of about $375 million. British luxury brand Burberry last month said it will end its partnership

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