Inter Parfums
This article was originally published in The Rose Sheet
Executive Summary
New Burberry fragrance family will begin phased global rollout in the first quarter of 2006, with a women's offering likely to launch first, company says during Nov. 10 third quarter earnings call. Launch will be supported with displays in windows of major department stores worldwide, Inter Parfums adds. The "performance of this fragrance family could exceed the popularity of Brit," CEO Jean Madar predicts. Firm announced plans to introduce the new collection earlier this year (1"The Rose Sheet" May 16, 2005, p. 5). Company additionally reports that plans to introduce Banana Republic and GAP personal care are on track for 2006 and 2007, respectively. Net income in Q3 was down slightly to $3.8 mil. and net sales increased 12% to $75.4 mil...