Inter Parfums
This article was originally published in The Rose Sheet
Executive Summary
Prestige fragrance sales jump 45% in constant dollars fueled by Paul Smith and Burberry Touch fragrance launches, CEO Jean Madar announces during third quarter conference call Nov. 2. Mass market sales, including Aziza cosmetics, increased 9%. Net sales jumped 20% to $25.9 mil. and earnings were up 36% to $1.6 mil. Through nine months, sales increased 14% to $72.4 mil. and income rose 32% to $4.6 mil