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Inter Parfums Reports Q4 Results

Ongoing brand sales rise 19%.

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By: Christine Esposito

Editor-in-Chief

For three months ended Dec. 31, 2013, net sales of the Inter Parfum’s ongoing brands (excluding Burberry brand sales) increased 19% to $105.5 million, as compared to $88.8 million for the corresponding period of the prior year. However, consolidated 2013 fourth quarter net sales declined 40% when Burberry sales are included in the prior year period. At comparable foreign currency exchange rates, consolidated fourth quarter net sales also declined 40%, the company said.   Total net sales for 2013...

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