Parlux reports sales and profits rise

- Last updated on GMT

Related tags: Perfume, Parlux fragrances

Parlux Fragrances has reported that its financial year 2004
earnings rose 14 per cent to US$6.3 million (€5.2 m), from US$5.5
million (€4.5), last year.

Perfume manufacturer and distributor Parlux Fragrances​ said that its revenue for the last financial year rose 12 per cent to just over US$80 million (€66 m), an increase of around US$8 million on the year before.

The Florida-based fragrance maker said it ended the 2004 financial year without any borrowings under its line of credit or any long-term debt for the first time in its 20-year history.

As reported in an earlier CosmeticsDesign.com article​ Parlux signed a global license agreement in May with Paris Hilton to manufacture and distribute a fragrance under her name later this year.

Parlux will also launch a new GUESS? fragrance internationally in the summer of 2005. Other company brand names include Perry Ellis, Fred Hayman Beverly Hills,Chaleur de Animale, Ocean Pacific and Jockey.

Related topics: Business & Financial, Fragrance

Related news

Related products

show more

Scent Expedition: Madagascar

Scent Expedition: Madagascar

Symrise | 15-Jul-2020 | Product Presentation

With 90% of its plants and animals found nowhere else, Madagascar is a wealth of biodiversity like no place else on earth. This island off the coast of...

Firmenich Sharing Innovation 2020 Collection

Firmenich Sharing Innovation 2020 Collection

Firmenich | 30-Jun-2020 | Product Presentation

Once again, Firmenich has opened its treasure chest of exceptional ingredients, created from its industry-leading science platforms. The company shares...

Related suppliers

Follow us

Products

View more

Webinars