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Inter Parfums Profits Soars 26.7 in Q2

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By: TOM BRANNA

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Inter Parfums’ Profits Soars 26.7% in Q2 Inter Parfums Inc., New York, reported second-quarter profits jumped 26.7% to $5.4 million. Sales for the quarter ended June 30, 2010 reached $107.8 million, a 21.6% increase from a year ago. The firm attributed the results to “the strength of [its] existing brand portfolio,” which is being expanded “with new, high-value brands.” Inter Parfums announced new specialty retail and licensing agreements with the Betsey Johnson and Nine West brands last...

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