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Inter Parfums Reports 2013 Results

Madar says new product pipeline is one of the "most ambitious" in years.

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By: Christine Esposito

Editor-in-Chief

Inter Parfums, Inc. has reported results for the fourth quarter ended December 31, 2013. Net sales of ongoing brands (excluding Burberry brand sales) increased 19% to $105.5 million from $88.8 million, with reported net sales of $105.5 million down 40% from the $176.9 million reported in the 2012 fourth quarter when Burberry brand sales aggregated $88.1 million; at comparable foreign currency exchange rates, net sales also declined 40%, the company said. European-based operations generated sale...

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