Parlux Fragrances (PARL) Signs Licensing Agreement with Marc Ecko
Parlux Fragrances, Inc. (NASDAQ: PARL) announced the signing of a worldwide licensing agreement with Marc Ecko Enterprises to develop and market a line of prestige fragrances for men and women.
In the early 1990s, Marc Ecko launched a clothing line with six T-shirt designs and a can of spray paint. Fast-forward 15 years and Marc Ecko Enterprises includes a dozen lines of clothing and accessories including *ecko unltd., featuring the iconic Rhino logo, eckored, Marc Ecko Cut & Sew, Zoo York, along with Complex magazine, Complex.com and a videogame and multimedia division, Marc Ecko Entertainment. All told, global retail sales came to more than $1.5 billion last year.
Parlux Fragrances, Inc. engages in the creation, design, manufacture, distribution, and sale of fragrances and beauty-related products worldwide.[SM]
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