Inter Parfums Posts 13% Increase in 4Q

It’s all about the power of “b” at Inter Parfums, Inc.— Brooks Brothers, Banana Republic and Bebe, that is. All three brands contributed to a rise in sales at the company in its latest financial report. Net sales for the final quarter of 2009 were approximately $113.6 million—a 13% increase from the prior year.

On the subject of U.S.-based operations, Mr. Madar said, “We are extremely pleased by the turnaround in the second half of 2009. Comparable fourth quarter sales were off only slightly from the fourth quarter of 2008. As expected, second half comparisons were considerably better than the first half due to new product launches for Brooks Brothers, Banana Republic, the debut of bebe fragrance in both domestic and international markets and the introduction of a New York & Company scent. Work is underway on additional products and expanded distribution, and hopefully we may have new specialty retail agreements for 2010.”