Company News, Financial News

Sales Soar 10% at Inter Parfums

Q2 net sales increase 2017 net guidance.

Inter Parfums, Inc. reported that for the three months ended June 30, 2017, net sales increased 10.2% to $129.1 million. The company also reported that its Paul Smith fragrance license agreement was recently extended for an additional four years until Dec. 31, 2021. On US-based operations, Jean Madar, chairman & CEO of Inter Parfums, commented, “The quarterly comparison is particularly difficult because in the second quarter of 2016, we commenced international distribution of our first e...

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