Parlux net sales jump 77.3% to $67.7 mil. in FY 1996; firm planning private stock placement.
This article was originally published in The Rose Sheet
Executive Summary
PARLUX NET SALES JUMP 77.3% TO $67.7 MIL. IN FY 1996 (ended March 31), the company announced June 20. The Ft. Lauderdale-based company continued to attribute its sales growth primarily to the Perry Ellis fragrance brand, which includes Perry Ellis for Men (1985) and 360 Perry Ellis (1993). The brand will soon be expanded with Perry Ellis America men's and women's scents.