Financial News

Inter Parfums Puts Bet On Bestsellers for Sales Boost

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By: TOM BRANNA

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The discontinuation of the Burberry business put a damper on Inter Parfums’ 2014 sales. The company reported that sales fell more than 10% to $499.3 million, compared to $563.6 million in 2013, but that total included $130.3 million of Burberry brand sales recorded in the first half of the year.  In 2014, net income attributable to Inter Parfums, Inc. was $29.4 million or $0.95 per diluted share as compared to $39.2 million or $1.27 per diluted share in 2013.  “Despite increasingly strong ...

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