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2Q Sales Tumble 10% at Inter Parfums

Exchange rate plays a role in decline.

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By: TOM BRANNA

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Inter Parfums, Inc.’s net sales for the second quarter fell 10.6% to $88.6 million. At comparable foreign currency exchange rates, net sales were down 3%. Through the first half of 2009, net sales were $179.0 million, or 19.4% below the $222.2 million reported in the first half of 2008. At comparable foreign currency exchange rates, net sales were down 13%. “In light of the worldwide decline in consumer spending and the corresponding ...

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