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Inter Parfums’ Profits Jump 12% in First Half

Sales increase 24.3% during the period.

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By: TOM BRANNA

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Inter Parfums SA reported that its first half net profits rose 12.2% to $17.1 million, after a 2 million euro, or $2.7 million, one-off charge linked specifically to currency effects. As reported, sales at Inter Parfums jumped 24.3% in the first half to $199.9 million. The company and Group Clarins USA unveiled a plan Tuesday to jointly build their fragrance businesses in U.S. department and specialty stores. The Paris-based subsidiary of Inter Parfums Inc. also reported a 43.3% gain in o...

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