Financial News

Q2 Sales Increase Guidance at Inter Parfums

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By: TOM BRANNA

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Inter Parfums, Inc. reported that for the three months ended June 30, 2017, net sales increased 10.2% to $129.1 million. Inter Parfums now expects net sales for the 2017 year to be in the range of $560 million to $570 million—an increase from its previous guidance of $550 million to $560 million. The company also reported that its Paul Smith fragrance license agreement was recently extended until Dec. 31, 2021....

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