Inter Parfums Prestige Launch Plan Spans Through 2002 - CEO Madar
This article was originally published in The Rose Sheet
Executive Summary
Inter Parfums is initiating an aggressive product launch strategy over the next few years in an effort to build its $63 mil. prestige beauty care business, Chairman and CEO Jean Madar said.
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Inter Parfums Distribution Gains Expected To Boost First Quarter Sales 25%
Inter Parfums first quarter sales are expected to jump more than 25% to $28 mil.-$29 mil. and net earnings for the period are projected to increase more than 25% to $1.8 mil., Chairman and CEO Jean Madar said during a presentation to analysts March 7.
Inter Parfums Distribution Gains Expected To Boost First Quarter Sales 25%
Inter Parfums first quarter sales are expected to jump more than 25% to $28 mil.-$29 mil. and net earnings for the period are projected to increase more than 25% to $1.8 mil., Chairman and CEO Jean Madar said during a presentation to analysts March 7.
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Fragrance distributor signs licensing agreement with LVMH's Celine division, Inter Parfums announces May 23. Inter Parfums will begin distributing the designer's Magic women's scent in January 2001, to be followed by two new fragrances bowing within the next 18 months, LVMH says. The French luxury goods firm owns 20.5% of Inter Parfums. The deal is the second licensing agreement between the two companies; Inter Parfums distributes LVMH's Christian Lacroix fragrances (1"The Rose Sheet" April 5, 1999, In Brief)