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Financial News

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By: TOM BRANNA

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Inter Parfums’ Sales Surge in the Third Quarter Inter Parfums, Inc.’s net sales for the third quarter rose 21% to a record $123.5 million. For the first nine months of 2008, net sales rose 28% to $345.8 million. Jean Madar, chairman and chief executive officer, noted that third quarter sales by the European-based operations rose 23% to $108.8 million. Two major new product launches, Van Cleef & Arpels’ Feerie and Jeanne Lanvin, were responsible for much of the top line growth. Addition...

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