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Inter Parfums, Inc. Reports Record First Quarter Sales

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By: TOM BRANNA

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Inter Parfums, Inc. announced that 2005 first quarter net sales were $71 million, up 22% as compared to $58.4 million in the first quarter of last year.“Our top line growth was entirely attributable to a 29% increase in prestige products sales, which more than offset the 16% decline in mass market sales,” commented Jean Madar, chairman and chief executive officer of Inter Parfums. “As there were no major product launches in the current first quarter, we are especially pleased t...

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