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Inter Parfums Reports 20% Increase in 2Q Sales

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By: TOM BRANNA

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Inter Parfums, Inc. announced that net sales for the second quarter of 2008 were approximately $99.1 million, 20% ahead of 2007. The company is also reporting that for the first half of 2008, net sales were $222.2 million, up 32% from $167.9 million last year. Management affirmed its current 2008 guidance calling for net sales of approximately $460 million and net income of approximately $26.8 million.

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