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Gold/Mining/Energy : Brandselite International Corp
BNT 46.68+0.6%12:59 PM EST

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To: Dennis Lefebvre who wrote ()7/22/1998 5:06:00 PM
From: JPayne   of 17
 
Latest news - Distribution Agreement with Giorgio Beverly Hills

This was the latest release on Brandselite's duty free business.

RICHMOND HILL, Ont. (Dow Jones)--Brandselite International Corp. (T.BNT) said it has signed an exclusive distribution agreement to market and sell Giorgio Beverly Hills Inc. fragrances to the North American duty-free market. In a news release, the company said the agreement, which "significantly expands" its duty-free fragrance portfolio, is effective immediately and will last until June 30, 2001.
It said the pact covers the full range of Giorgio Beverly Hills brands, including Giorgio, Ocean Dream, and Red.
Previously, Brandselite acted as a sales agent for certain Giorgio Beverly Hills products within a limited territory in North America.
The company said the new agreement also covers Brandselite's current distribution rights for Eurocos brands, including Boss, Hugo Boss, Hugo by Hugo Boss, Hugo Woman and Laura Biagiotti fragrances, which Brandselite has distributed previously to duty-free outlets throughout North America.
Brandselite distributes premium merchandise to duty-free shops, airlines, cruise lines and the diplomatic corps.

News releases anticipated on "Doulton" sales expected soon.
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