Sales up for brand perfume maker

- Last updated on GMT

Related tags: Net sales, Brand management, Inter parfums

Domestic and brand name fragrance firm Inter Parfums reported a
hefty rise in net sales for the first quarter, pushing the company
to raise its 2004 sales guidance.

Net sales for the second quarter hit $46.8 million, up 13 per cent on the $41.4 million for the second quarter in the previous year.

The US firm that manufactures and distributes domestic and international brand name and licensed fragrances such as Paul Smith, Burberry and Christian Lacroix said that for the first half of 2004, net sales came in at about $105.2 million, a 33 per cent gain over $79 million in the comparable period last year.

Product line extensions in the prestige brands category in addition to mass-market opportunities such as the creation of a new line of health and beauty aids in 2003 have helped Inter Parfums to build on annual revenues.

The firm raised its 2004 sales guidance slightly to $225 million, up from $222 million, which includes incremental sales resulting from its recently acquired Lanvin fragrance license, although partially offset by the effect of the rise in the dollar versus the euro in the second quarter of 2004.

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...

Preserve our Bees, Use Sustainable Beeswax

Preserve our Bees, Use Sustainable Beeswax

Koster Keunen, Inc | 01-Oct-2019 | Direct Enquiry

The act of bee pollination is a key factor that keeps flora and fauna in balance. Healthy trees and plants prevent climate change, desertification, and...

Related suppliers

Follow us

Products

View more

Webinars