Inter Parfums, Inc. announced first quarter sales rose 45% to $123.2 million; at comparable foreign currency exchange rates, net sales were up 35% for the period; European-based operations achieved sales of $110.6 million, a 46% increase; sales by U.S.-based operations rose 31% to $12.6 million. Net income increased 50% to $8.7 million from $5.8 million in 2007. As previously reported in Happi, the company has expanded its current relationship with Gap Inc. to include a licensing agreement...