Company News, Financial News

Inter Parfums, Inc: Q1 2024 Results

Sales growth for US-based operations saw an 18% increase in the first quarter primarily driven by Donna Karan/DKNY and Guess.

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By: Lianna Albrizio

Associate Editor

Net sales for Happi Top 50 Company Inter Parfums, Inc. for the three months ended March 31, 2024, rose to $324 million, up 4% from $312 million, in the prior-year quarter.   Jean Madar, chairman & CEO, cited the company's ongoing momentum in the fragrance market and favorable initial shipments of Lacoste and Cavalli fragrances, to its successful quarter.   The brand, he said, is focused on optimizing the timing of its launches throughout 2024, aiming for a “more balance...

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