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Inter Parfums Prestige Gains Reflect Expansion, Improved Travel Retail

This article was originally published in The Rose Sheet

Executive Summary

Inter Parfums' prestige business posted a 32% sales gain in the third quarter behind the expanded rollout of recently launched fragrances and an upswing in the travel retail business, CEO Jean Madar reported in a 1third quarter release issued Nov. 5

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Inter Parfums Prestige Fragrance Division Posts 12% Gain In 2002

Inter Parfums' prestige fragrance division achieved a 12% sales increase in 2002, fueled by strong launches and the staying power of several classic scents, the firm revealed in a fourth quarter and year-end 1release issued March 12

Inter Parfums Prestige Fragrance Division Posts 12% Gain In 2002

Inter Parfums' prestige fragrance division achieved a 12% sales increase in 2002, fueled by strong launches and the staying power of several classic scents, the firm revealed in a fourth quarter and year-end 1release issued March 12

Inter Parfums forecast

Sales and earnings for the year expected to increase 18% with sales reaching approximately $150 mil. and earnings, $11 mil., fragrance distributor announces. Forecast marks an increase over earlier projections of $127 mil. in sales and $9.3 mil. in earnings. Increase is attributed to signs of recovery in luxury goods market, which began in the third quarter and appears to be continuing in fourth quarter, firm says. Inter Parfums is introducing Paul Smith Eau Extreme fragrances for men early next year, as well as a new seasonal scent from Celine (1"The Rose Sheet" Nov. 11, 2002, p. 5)...

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