A Global Improvement For Inter Parfums

Inter Parfums, Inc. posted a jump in business for three months ended June 30, 2016. Net sales increased 14.8% to $117.2 million.

According to Jean Madar, chairman and CEO of Inter Parfums, international distribution of the new Abercrombie & Fitch men’s scent, First Instinct, and the Hollister duo, Wave, were major contributors to top line growth. In the second half, distribution of these new scents will continue to roll out to additional international markets. Moreover, Dunhill has been a consistent top performing brand and this reporting period is no exception, with comparable quarter sales up 23%, which was achieved in the absence of a new product launch. The growth in sales reflects the exceptional performance of Montblanc and Jimmy Choo fragrances and the successful integration of Rochas fragrances, acquired in 2015, added Madar.

“Contributing to the 32% second quarter increase in Montblanc brand sales was the very promising launch of the Legend Spirit line and the continued popularity of the original Legend line,” said Madar. “Jimmy Choo fragrance sales rose 43%, due in great part to the ongoing rollout of Illicit, our third women’s line which debuted last year and the steady performance of the Jimmy Choo Man line.”

In addition, Rochas fragrance sales have been strong in Spain and France, the brand’s most established markets, thanks to Eau de Rochas and Rochas Man, the firm said.
A new Coach scent will enter 3,000 US doors this month, according to company.