FOR IMMEDIATE RELEASE

INTER PARFUMS ACQUIRES WORLDWIDE RIGHTS TO LANVIN BRAND
 NAMES AND TRADEMARKS FOR FRAGRANCE AND RELATED PRODUCTS

New York, New York, August 1, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its 72% owned subsidiary, Inter Parfums SA, acquired the worldwide rights to the Lanvin brand names and international trademarks listed under Class 3 from Jeanne Lanvin, S.A. ("Lanvin").  The purchase price, 22 million euro (approximately U.S. $29.7 million) was paid in cash at closing and as a result, Inter Parfums and Lanvin have terminated their existing licensing contract signed in June 2004.

Under the terms of the agreement, Inter Parfums will also pay to Lanvin a sales-based fee for technical and creative assistance in new product development to be rendered by Lanvin in connection with the use of the Lanvin trademark through June 30, 2019.  Additionally, we have given Lanvin the right to repurchase the brands and trademarks in 2025.

Jean Madar, Chairman & CEO of Inter Parfums stated, "Lanvin has quickly become the second largest brand in our prestige fragrance portfolio.  Our decision to buy Lanvin Perfumes is indicative of our long term commitment to growing the Lanvin fragrance business, strengthening the ties between our two companies, and creating product that reflects Lanvin's association with high end luxury and exclusivity."

Mrs. Chu-Wang, CEO of Lanvin stated, "This transaction will endow Lanvin with the wherewithal to pursue its goals in terms of growth and to strengthen its leadership position in the world of luxury clothing and accessories on a global scale.  In addition, the sale clearly evidences the level of trust, which as Lanvin's business partner, Inter Parfums is worthy of."

Class 3 of the international classification of trademarks goods and services include: soaps, perfumery, essential oils, cosmetics and hair lotions.   

Inter Parfums develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Burberry, Paul Smith, S.T. Dupont, Christian Lacroix, Quiksilver/Roxy, and Van Cleef & Arpels.  The Company also owns Lanvin Perfumes and Nickel S.A., a men's skin care company.  It also produces personal care products for specialty retailers under exclusive agreements with Gap Inc. and New York & Company.  In addition, Inter Parfums produces and supplies mass market fragrances and fragrance related products.  The Company's products are sold in over 120 countries worldwide.