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Sales Jump 11% at Inter Parfums

Also renews license with S.T. Dupont.

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By: TOM BRANNA

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Inter Parfums, Inc. posted an 11.7% rise in net sales to $133.4 million for the first quarter of 2011. “The new year started on a strong note,” stated Jean Madar, chairman and CEO of Inter Parfums. Discussing European-based operations, he commented, “First quarter sales growth was due to a number of factors, including the Jan. 1, 2011 commencement of prestige product distribution in the U.S. by our subsidiary, Interparfums Luxury Brands. Taking over U.S. distribution contributed to the 35% in...

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