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Global sales are down but US-based business jumped 5.7% in Q2.
August 10, 2015
By: Melissa Meisel
Inter Parfums, Inc. reported results for the second quarter ended June 30, 2015. Net sales decreased 5.2% to $102.0 million; however, sales by US-based operations rose 5.7% to $24.9 million. Chairman & CEO Jean Madar noted, “As was the case in the first quarter, second quarter sales for European-based operations were lower than those of the 2014 second quarter due to three primary factors: currency fluctuations, difficult comparisons and weakness in certain markets. The greatest headwind ...
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