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CEO Jean Madar attributed the growth to strong sell-in from the company’s newest licenses, Roberto Cavalli and Lacoste, and healthy fragrance demand.
Net sales for Inter Parfums, Inc. rose to $342 million in Q2 2024 – up 11% from $309 million in the prior-year quarter. CEO Jean Madar attributed the growth to strong sell-in from the company’s newest licenses, Roberto Cavalli and Lacoste, and healthy fragrance demand. “This is [even] more impressive considering the 26% sales growth in the same quarter of 2023,” said Madar. “This growth also reflects our more balanced pace of launches and advertising and promotional investments, as compare...
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