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Inter Parfums Issues Guidance

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By: TOM BRANNA

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• Inter Parfums, Inc. released its initial guidance for 2013, which calls for net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million. The guidance assumes the dollar remains at current levels. According to Jean Madar, chairman and CEO, growth is expected from the continued strong sell-through of legacy fragrances for Inter Parfums’ largest brands, including Lanvin, Jimmy Choo and Montblanc. The year will also be one of Inter P...

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