French clothing, perfume and accessories brand Cacharel and Italian company Aéffe are ending their licence agreement "by common consent."

Signed in November 2009, the deal would have seen Aeffe produce and distribute Cacharel's women's wear range until 2019. But collaboration between the two companies will now end with Cacherel's spring/summer 2013 collection.

Last month, another French fashion label, Jean-Paul Gaultier, announced it was ending its production and distribution agreement with Aeffe and teaming up with
another Italian company, Gibo.

Separately, Cacharel confirmed to just-style that CEO Pascal d'Halluin quit his post at the beginning of November "by mutual agreement." He was appointed in March this year.

Later this week Cacharel's founder and president, Jean Bousquet, will hold a press conference at which he will set out a new strategy for the brand, the company