XML 60 R47.htm IDEA: XBRL DOCUMENT v3.24.0.1
Recent Agreements (Details Narrative)
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2023
EUR (€)
Dec. 31, 2023
EUR (€)
Dec. 31, 2022
Apr. 30, 2021
Business Acquisition [Line Items]          
Purchase price, period cost $ 154,000,000 € 139,000,000      
Acquisition costs, period cost 3,100,000        
Cash held in escrow is included in other assets $ 0        
Long-term debt, term 10 years   10 years 4 years 10 years
Long-term line of credit $ 132,600,000   € 120,000,000    
Description of debt instrument interest rate terms one-month Euribor plus 0.75% one-month Euribor plus 0.75%      
Debt instrument, face amount | €     € 80,000,000    
Variable interest rate 2.00%   2.00%    
Fixed interest rate 1.10%   1.10%    
Minimum [Member]          
Business Acquisition [Line Items]          
Depreciated over a range 7 years   7 years    
Maximum [Member]          
Business Acquisition [Line Items]          
Depreciated over a range 50 years   50 years    
Land [Member]          
Business Acquisition [Line Items]          
Purchase price, period cost $ 63,300,000        
Building [Member]          
Business Acquisition [Line Items]          
Purchase price, period cost $ 90,700,000        
Interparfums SA [Member]          
Business Acquisition [Line Items]          
Ownership percentage         72.00%
Roberto Cavalli [Member]          
Business Acquisition [Line Items]          
Description of recent agreement The license became effective in July 2023 and will last for 6.5 years. The license became effective in July 2023 and will last for 6.5 years.      
Lacoste [Member]          
Business Acquisition [Line Items]          
Description of recent agreement The license became effective in January 2024 and will last for 15 years. The license became effective in January 2024 and will last for 15 years.      
Donna Karan and DKNY [Member]          
Business Acquisition [Line Items]          
Description of recent agreement In connection with the grant of license, we issued 65,342 shares of Inter Parfums, Inc. common stock valued at $5.0 million to the licensor. The exclusive license became effective July 1, 2022, and we are planning to launch new fragrances under these brands in 2024. In connection with the grant of license, we issued 65,342 shares of Inter Parfums, Inc. common stock valued at $5.0 million to the licensor. The exclusive license became effective July 1, 2022, and we are planning to launch new fragrances under these brands in 2024.      
Rochas Fashion [Member]          
Business Acquisition [Line Items]          
Description of recent agreement As a result of operational challenges faced by the Rochas Fashion business we took a $2.4 million impairment charge on our Rochas fashion trademark in the first quarter of 2021. In the fourth quarter of 2022, we again took a $6.8 million impairment charge on the Rochas fashion trademark after an independent expert concluded that the valuation of the trademark was $11.3 million. In 2023, the Rochas teams underwent a strategic shift to take over their own brand operations, exiting contracts with manufacturers and distributors to make this new structure operational beginning in 2024. An independent expert concluded that the valuation based on this new business model would not require additional impairments. As a result of operational challenges faced by the Rochas Fashion business we took a $2.4 million impairment charge on our Rochas fashion trademark in the first quarter of 2021. In the fourth quarter of 2022, we again took a $6.8 million impairment charge on the Rochas fashion trademark after an independent expert concluded that the valuation of the trademark was $11.3 million. In 2023, the Rochas teams underwent a strategic shift to take over their own brand operations, exiting contracts with manufacturers and distributors to make this new structure operational beginning in 2024. An independent expert concluded that the valuation based on this new business model would not require additional impairments.