Company News, Financial News

Net Sales Increase 26% for Inter Parfums, Inc. in First Quarter

The year started on strong footing with sales by European-based operations up 14% and US-based operations up 77%.

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By: Lianna Albrizio

Associate Editor

Net sales for the first quarter for Inter Parfums, Inc. ended March 31 was $250.7 million—a 26% increase from last year, which was $198.5 million.     According to Jean Madar, chairman & CEO of Inter Parfums, Inc., 2022 started on strong footing with sales by European-based operations up 14% and US-based operations up 77%.    Sales for the company’s largest brands—Montblanc, Jimmy Choo, Coach and GUESS—rose 22%, 7%, 22% and 36%, respectively, and many of the company’s mid-si...

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