Inter Parfums Releases Q3 Report

Discussing European based operations, Jean Madar, Chairman & CEO of Inter Parfums stated, “Although there were no major launches in the current third quarter two of our largest brands, Jimmy Choo and Coach, achieved substantial comparable quarter growth. The rollout of Jimmy Choo Fever in the summer fueled the brand’s 19.7% sales gain, while the 40.9% increase in Coach sales was driven by the continued popularity of the Coach signature lines for women and men launched in 2016 and 2017, respectively, as well as the success of flankers, Coach Floral and Coach Platinum, that rolled out in 2018. Despite no major launches this year, Montblanc, Lanvin and Rochas year-to-date net sales are running slightly ahead of the first nine months of last year. We are also in the process of launching Rochas Moustache, our first new men’s scent for the brand.”

Discussing the nearly 13% increase in third quarter sales by US based operations, Madar continued, “The inclusion of Guess legacy fragrances produced a boost to our sales. There was also top line growth in Abercrombie & Fitch and Hollister brand sales, attributable in great part to the recent launches of First Instinct brand extensions and the Festival Vibes duo, respectively. With the popularity of Anna Sui fragrances throughout Asia, we continue to enjoy dramatic increases in brand sales in that region.”

Madar also pointed out, “We have a very active launch schedule for the coming year with new products rolling out for Montblanc, Jimmy Choo, Lanvin, Coach and Rochas for European based operations and for Dunhill, Guess and Abercrombie & Fitch for US based operations.”