EMPLOYMENT AGREEMENT



         EMPLOYMENT  AGREEMENT  (the  "Agreement")  entered into this 8th day of

February,  2005, by and between INTER PARFUMS, INC., a Delaware corporation (the

"Company"),  with its principal office at 551 Fifth Avenue,  New York, NY 10176;

and MARCELLA  CACCI (the  "Executive"),  an  individual  residing at 8 St. Lukes

Mews, London, UK W11 1DF.



                               W I T N E S S E T H



         WHEREAS, the Company is a world-wide provider of prestige perfumes;



         WHEREAS, Inter Parfums, S.A. is a majority-owned indirect subsidiary of

Company (the  "Subsidiary"),  which  maintains  is executive  offices at 4, Rond

Point des Champs Elysees, 75008 Paris, France;



         WHEREAS,   the  Subsidiary  is  the  exclusive   world-wide   fragrance

Subsidiary  under the Licence with  Burberry  Limited dated 12 October 2004 (the

"License");



         WHEREAS,  the Executive  and the Company  desire to enter into a formal

Employment Agreement to set forth the terms of employment of the Executive.



         NOW,  THEREFORE,  in  consideration  of  the  mutual  promises,  terms,

provisions, and conditions contained herein, the parties agree as follows:



1.       POSITION.



         (a)      The  Company  hereby  agrees to employ  the  Executive  as the

President of Burberry Fragrances,  a division of the Subsidiary,  subject to the

limitations  set forth herein.  As such, the Executive  shall be responsible for

the duties set forth in SCHEDULE 1A, annexed hereto, subject to the authority of

the Board of Directors of the Company (the "Board").  The Executive accepts such

employment  upon the terms and subject to the conditions  set forth herein,  and

further  covenants  and  agrees  with the  Company to perform to the best of her

abilities the duties  generally  associated with such position,  as well as such

other duties  commensurate with her position as President of Burberry Fragrances

as may be assigned from time to time by the Board.  The Executive  shall, at all

times during the Term while she is providing services for the Subsidiary, report

directly to the President of the  Subsidiary.  The  Executive  shall perform her

duties  diligently  and  faithfully  and shall devote her full business time and

attention to such duties.



         (b)      Nothing  in  Subsection   1(a)  shall  prevent  the  purchase,

ownership or sale by the Executive of  investments  in or securities of publicly

held companies, provided, that the Executive shall own not more one percent (1%)

of any outstanding class of equity security of such corporation.



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         (c)      As soon as  practicable  after the  execution  and delivery of

this  Agreement in New York City,  the Company shall apply for a Certificate  of

Coverage   for  the   Executive   from  the  United   States   Social   Security

Administration, with the intent to have the Executive transferred to and working

at the executive offices of the Subsidiary,  presently located in Paris, France,

for the balance of the Term. The Executive  agrees to cooperate with the Company

and  execute  such  documents  as may be  reasonably  necessary  to  permit  the

Executive to be transferred to the Subsidiary in Paris.  Further,  the Executive

shall travel to such  locations and at such times and from time to time as shall

be required and directed by the Board or the President of the Subsidiary.



         (d)      It is  contemplated  that on or  before  1  January  2007  the

Subsidiary  is to establish a subsidiary  in the United States for the marketing

and distribution of Burberry fragrances and cosmetics.  The Subsidiary agrees to

first offer the chief  executive  position of such  subsidiary  to the Executive

upon such terms as the parties shall mutually agree.



2.       TERM OF EMPLOYMENT.



         The term of Executive's  employment  under this Agreement will commence

on March 15, 2005 (the "Effective  Date").  Subject to the provisions of Section

10 of this Agreement,  the term of Executive's employment hereunder shall be for

a term of three (3) years from the Effective Date (the "Term").  The last day of

the Term is the "Expiration Date."



3. COMPENSATION AND BENEFITS.

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