Company News, Financial News

Inter Parfums Bounces Back in Q4

Experiences a strong quarter after a difficult year.

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By: Charlie Sternberg

Associate Editor

Inter Parfums Inc. has reported results for the fourth quarter and year ended December 31, 2020.   Net sales for the fourth quarter were $184.0 million, up 3.5% compared to $177.8 million in the fourth quarter of 2019. Net sales by European based operations rose 8.1% to $139.6 million from $129.1 million. Net sales by U.S. based operations declined 8.8% to $44.4 million from $48.7 million.   For the year as a whole, net sales declined 24.5% to $539.0 million from $713.5 million in 2019.   Throug...

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