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Strong First Quarter for Inter Parfums, Inc.

Net sales rise 32% compared to first quarter 2009.

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By: TOM BRANNA

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Inter Parfums, Inc. said net sales for the first quarter ended March 31, 2010 rose 32% to $119.4 million, up from $90.4 million in the first quarter of 2009. European-based operations achieved sales of $108.3 million, a 32% jump while sales by U.S.-based operations rose 32% to $11.1 million, up from $8.4 million. Operating income rose 56% to $16.0 million in the quarter, according to the New York-based fragrance firm. “Building upon the momentum of last year’s fourth quarter, 2010 is off t...

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