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October 1, 2015
By: TOM BRANNA
Editor
Inter Parfums, Inc. reported second quarter sales decreased 5.2% to $102.0 million; however, sales by US-based operations rose 5.7% to $24.9 million. Chairman and CEO Jean Madar noted that sales for European-based operations fell due to currency fluctuations, difficult comparisons and weakness in certain markets. The greatest headwind came from the 19% depreciation of the euro versus the dollar, which served to mask sales growth for some brands, and exacerbate declines for others. Additionall...
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