01.04.16
Inter Parfums, Inc. released its initial 2016 guidance, which calls for net sales in the range of $500 to $510 million compared to the 2015 guidance range of $460 to $470 million.
Chairman and CEO Jean Madar commented, “As discussed in connection with the release of 2015 third quarter results, continued geographic rollout of 2015 new product launches, notably Jimmy Choo Illicit, will play an important role in growing our business. We have entirely new fragrance families coming to market in the coming year, including new scents for Lanvin, Van Cleef & Arpels, and Agent Provocateur. In addition, there are brand-reinforcing flankers, extensions and special editions in the pipeline for Dunhill, Montblanc and Jimmy Choo.”
According to Madar, 2016 will also be a year of “firsts,” including the company’s first ever home grown fragrances for Coach, Hollister and Abercrombie & Fitch, plus the first men’s scent Inter Parfums is developing for the Oscar de la Renta brand. The inclusion of Rochas fragrance sales and royalties for a full year will also contribute to top line improvement.
Chairman and CEO Jean Madar commented, “As discussed in connection with the release of 2015 third quarter results, continued geographic rollout of 2015 new product launches, notably Jimmy Choo Illicit, will play an important role in growing our business. We have entirely new fragrance families coming to market in the coming year, including new scents for Lanvin, Van Cleef & Arpels, and Agent Provocateur. In addition, there are brand-reinforcing flankers, extensions and special editions in the pipeline for Dunhill, Montblanc and Jimmy Choo.”
According to Madar, 2016 will also be a year of “firsts,” including the company’s first ever home grown fragrances for Coach, Hollister and Abercrombie & Fitch, plus the first men’s scent Inter Parfums is developing for the Oscar de la Renta brand. The inclusion of Rochas fragrance sales and royalties for a full year will also contribute to top line improvement.