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Intercos Regulatory Filings 2022
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Regulatory Filings
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INTERCOS S.p.A.: SIGNED THE AGREEMENT WITH DOLCE&GABBANA BEAUTY FOR THE SUPPLY OF MAKE-UP AND HAIR&BODY PRODUCTS
Agrate Brianza, April 12th 2022 - Intercos S.p.A., listed on Euronext Milan (Icos.mi), announces, with reference to what was anticipated on February 8th 2022, to have finalized today the commercial agreement with the Dolce&Gabbana maison.
The commercial agreement sees Intercos Group as a partner of Dolce&Gabbana for the development and production of fragrances and other Hair&Body products, siding the collaboration that has been active for years between the Dolce&Gabbana brand and Intercos in the make-up segment. The commercial agreement has a five-year duration until December 31st 2027, and will result in further business volume for Intercos starting primarily in 2023.
The CEO of Intercos S.p.A., Renato Semerari, stated: "It is with great satisfaction that we announce this new, all-Italian partnership between our Group and Dolce&Gabbana Beauty. The agreement will allow us to further accelerate the development of Intercos' newest business unit, Hair&Body, born in 2017 with the acquisition of Cosmint. We expect Dolce&Gabbana Beauty to become an important player in our market and one of the main customers of the Intercos Group. Being a long-term partner of major luxury brands is one of the main distinguishing features of Intercos, and we believe that this new agreement with Dolce&Gabbana testifies once again the high quality and innovation of the products we promote in the international beauty market."
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This press release is available on the website https://www.intercos-investor.com/corporatepressrelease/ .
Intercos Group
Intercos, listed on Euronext Milan (ICOS), is one of the main global business to business operators in the creation, production and marketing of cosmetic products (make-up) and for skin treatment (skincare) as well as for hair and body treatment (hair & body). Intercos products target key national and international brands and emerging brands, as well as retailers active in the cosmetics market and the beauty market more generally. Founded in 1972 by Dario Ferrari, Intercos - which counts among its major customers the main players of the cosmetic industry - can count on a staff of about 5,200 employees, 11 research centres, 16 production plants and 16 sales offices located in three continents. For almost 50 years, Intercos has been interpreting beauty, creating cosmetic products and positioning itself as a trend setter capable of predicting, anticipating and influencing new trends in the world of cosmetics, thus satisfying the requests of all types of customers with products for all price bands.
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