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MODEL IMPERIAL NEGOTIATING ADDITIONAL RETAIL LICENSING AGREEMENTS

This article was originally published in The Rose Sheet

Executive Summary

MODEL IMPERIAL NEGOTIATING ADDITIONAL RETAIL LICENSING AGREEMENTS under which the firm would operate fragrance and cosmetic departments in retail stores, the Boca Raton, FL-based company says in a prospectus for an initial public offering filed recently with the Securities and Exchange Commission. Model Imperial currently has one agreement of this type, with Filene's Basement. Under an August 1993 pact, Model Imperial runs fragrance and cosmetic departments in 54 Filene's Basement stores. The firm's net sales from the licensed departments at Filene's Basement were $5.8 mil. in 1993.
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