Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2014
 •  LVMH Beauty Records Gain in First Half  •  Dermalogica Face Mapping Takes Center Stage  •  P&G Looks to Reduce Palm Oil's Environmental Impact  •  Exchange Rates Dent Unilever  •  Big Green Boxes Big at Swiffer
Print

Inter Parfums Issues Guidance



Published March 14, 2013
Related Searches: continue women levels brand
Post a comment
• Inter Parfums, Inc. released its initial guidance for 2013, which calls for net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million. The guidance assumes the dollar remains at current levels.

According to Jean Madar, chairman and CEO, growth is expected from the continued strong sell-through of legacy fragrances for Inter Parfums’ largest brands, including Lanvin, Jimmy Choo and Montblanc. The year will also be one of Inter Parfums most ambitious for new product introductions with new women’s fragrance lines planned for Jimmy Choo, Lanvin and Van Cleef & Arpels. In addition, new fall 2013 initiatives are under development for the Boucheron, Balmain, Paul Smith, Repetto, Anna Sui and bebe brands.

Madar estimated that Inter Parfums entered the new year with cash, cash equivalents and short-term investments of approximately $250 million.


blog comments powered by Disqus