Record October Sales, High Holiday Hopes Gird Inter Parfums Against Economic Headwinds
Executive Summary
Prestige perfume and cosmetics manufacturer Inter Parfums raises 2022 outlook based on record October sales and expectations for strong holiday it will support with an aggressive promotional campaign.
You may also be interested in...
Inter Parfums Has ‘Best Year’ In 2021 As Sales Grow 23% Compared With Pre-Pandemic
New York-based fragrance manufacturer and distributor Inter Parfums reports full-year 2021 sales growth of 23% to $879.6m, significantly higher than the $810m projected in October, with successful launches and integration of new fragrance licenses. The NPD Group stated in a 24 January report that fragrance was the best-performing prestige beauty category in the US in 2021, with sales up 49%.
Beauty Packaging Producers: July Marks Registration Deadline With PRO In Three States
Companies considered producers of single-use packaging in Oregon, Colorado and California must register with Circular Action Alliance, the leading (and currently only) producer responsibility organization, by 1 July 2024 under new state recycling laws.
Fenty Cleanser Performance Claims Supported, But Influencer Videos Need Disclaimers – NAD
A National Advertising Division review of claims by LVMH-owned Fenty Skin determined makeup- and dirt-removal representations were substantiated by a study and subject questionnaire, but demo videos from paid endorsers must include disclosures about material connections in accordance with FTC guidelines.