Company News, Financial News

Inter Parfums Posts Full Year, Q4 Report

The dollar impacts numbers, says CEO.

Fragrance is still a rising category but some companies are seeing the effects of international currency translation. For the fourth quarter, net sales declined 5.4% to $118.3 million at Inter Parfums. European based operations net sales fell 5.3% to $88.6 million, while US sales slipped 5.8% to $29.7 million. For the full year, 2015 net sales declined 6.2% to $468.5 million.   Jean Madar, chairman & CEO of Inter Parfums, Inc. noted, “Throughout 2015, our reported net sales were adversely...

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