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Slight Improvement at Parlux

New releases on the way, Nicole Miller launch pushed back

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By: TOM BRANNA

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Parlux Fragrances, Inc. reported its financial results for the three months ended June 30, 2009. Net sales for the first quarter ended June 30, 2009, increased 1% to $23.6 million. Operating expenses decrease 14% to$16.9 million. When compared to the comparable prior year period, domestic sales increased by 53%, offset by a decrease in international sales of 36% due to continuing economic difficulties in the global market. Chairman and Chief Executive Officer Neil Katz said, “We con...

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