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Inter Parfums Sees a Rise and a Fall

4Q losses and full-year financial gains in report

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By: TOM BRANNA

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Prestige perfumer Inter Parfums, Inc. posted a 16% decline in net sales to $100.6 million for the final quarter for the three months that ended Dec. 30, 2008. European-based product sales dropped 14% to $83.4 million, while U.S.-based figures slipped 24% to $17.2 million. However, the drop in sales was seasonal. The company reported 2008’s net sales of $446.3 million were up 15% from the prior year.    Jean Madar noted, “For 2008, the three largest brands within our European based operati...

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