Financial News

Inter Parfums Expects Gains

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By: TOM BRANNA

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Inter Parfums, Inc. released its initial 2019 guidance, which calls for net sales to rise 6% to $705 million. According to Jean Madar, chairman and chief executive officer, the increase in projected net sales reflects contributions made by fragrance launches, brand extensions and the staying power of many well-established best sellers. “With regard to our largest brands within our European operations, we will unveil Montblanc Explorer, a new men’s scent, in all geographic markets early in ...

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