Company News, Financial News

Inter Parfums Announces Second Quarter Results

Author Image

By: TOM BRANNA

Editor

Inter Parfums, Inc. announced net sales for the second quarter 2004 were $46.7 million, up 13% from $41.4 million a year ago. Gross margin improved two points to 51%. This increase was primarily due to continued growth in higher margin prestige product sales, according to company executives. Jean Madar, chairman and chief executive officer, commented, “As we reported last month, Burberry fragrances continued to produce strong growth, driven by excellent performance of the Burberry London and...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters