Inter Parfums forecast
This article was originally published in The Rose Sheet
Executive Summary
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)...