• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Help for Indies

    The Future Has Arrived

    Shape It Up

    Stepping into the Spotlight for 2021

    The Independent Beauty Association Supports Sensible Reform
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Cosmetic Chemical Sales To Post CAGR 5.8% To 2025

    ACI Urges Senate to Approve Regan as EPA Administrator

    Estée Lauder Signs Actress Ana de Armas

    GUM Recalls Oral Spray

    Sephora To Open More Stores in 2021
    Blog
    Online Exclusives
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    21. Zep

    13. Mary Kay

    46. Dermalogica

    17. Alberto-Culver

    12. Clorox
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Cosmetic Chemical Sales To Post CAGR 5.8% To 2025

    Freckle Pens Are Spot On!

    Are Chemists the Rock Stars of Beauty?

    Sales More Than Double at Madison Reed

    Eucerin Launches Sun Protection Formula
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    Improve Your Innovation Process

    Cosmetic Chemical Sales To Post CAGR 5.8% To 2025

    ACI Urges Senate to Approve Regan as EPA Administrator

    Estée Lauder Signs Actress Ana de Armas

    Shelf Present
    Lab Equipment
    Mixing
    Packaging
    Testing

    Burt’s Bees Outlines New Sustainability Goals

    Secret, Old Spice Add Refillable Deo Packaging

    Estée Lauder Travel Retail's Sustainability Goals

    Ross Introduces Double Cone Tumble Blender

    Happi Talks: Overnight Labels
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Resolute Oil

    LipoTrue Inc.

    Centerchem Inc

    KLK OLEO

    Jeen International
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Videos
    • Podcasts
    • eBook
    • Infographics
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Inter Parfums Reports 2019 Q3 Results

    Net sales are up 7.9%.

    Inter Parfums Reports 2019 Q3 Results
    Through the first nine months of 2019, net sales increased to $535.7 million, as compared to $498.3 million for the corresponding period of the prior year.
    Related CONTENT
    • Shelf Present
    • Are Chemists the Rock Stars of Beauty?
    • The Detox Market Partners with Good Face Project
    • Another Hand Sanitizer Firm Flagged by FDA
    • Bell International Laboratories
    Happi Staff11.06.19
    Inter Parfums Inc. has reported its results for the third quarter ended September 30, 2019. Through the first nine months of 2019, net sales increased 7.5% to $535.7 million, as compared to $498.3 million for the corresponding period of the prior year. Net income attributable to Inter Parfums Inc. rose to $52.1 million, an increase of 13.8% compared to $45.7 million in the same period last year.
     
    Discussing sales by region through the first nine months, Jean Madar, chairman & CEO of Inter Parfums Inc. noted, “Our largest market, North America, has been performing exceptionally well with year-to-date sales up 13.9%, and our second largest, Western Europe, exceeded 2018 nine-month sales by 4.8%. We are especially pleased by the 8% increase in third quarter sales in Asia, which along with the 7% gain in the second quarter more than offset the decline in the first quarter, bringing 2019 nine-month sales slightly ahead of last year. Two other markets where sales are running ahead are the Middle East and Eastern Europe, with sales up 25.3% and 4.2%, respectively, over the first nine months of last year. Only Central and South America, our smallest market, underperformed last year.”
     
    Highlighting several initiatives underway for 2020, Madar commented, “For European operations, Montblanc and Coach will each introduce a new women’s scent in the first half, and Jimmy Choo in the second half. In addition to beginning the distribution of two Kate Spade legacy women’s scents in the spring, we are creating an entirely new women’s scent for the brand, which will debut in the fall.”
     
    On the subject of US operations, Madar noted, “Nearly two years in the making, Bella Vita will debut for the Guess brand domestically in the spring and go globally in the fall. We are confident that Guess will rank in the top five within all brands in our portfolio in 2020. We are likewise confident that the spring launch of Sky by Anna Sui will be a catalyst for brand sales growth. Our debut of a multi-scent collection for Graff unveils in Harrod’s beginning in March 2020, with selective luxury distribution planned for the fall.”
     
    Russell Greenberg, executive VP and CFO of Inter Parfums Inc., stated, “For European operations, gross profit margin was 62.8% in the current third quarter compared to last year’s 64.9%. The cost of sales of our new Montblanc Explorer product line, which has been a strong performer, is higher than typical, which offset much of the gross margin benefit of the stronger dollar this year. For US operations, gross margin was 51.0% as compared to 49.9% in last year’s third quarter. Generally speaking, our third quarter is our strongest quarter for sales due to holiday season shipments. However, more often than not, our consolidated gross margin contracts in the third quarter due to the large proportion of holiday gift sets in the sales mix.”
     
    As a result of the strength of the US dollar throughout 2019, as compared to 2018, the company is maintaining its 2019 net sales guidance at approximately $712 million. The company will issue initial 2020 guidance after the market closes on November 20, 2019.
    Related Searches
    • happi
    • sales
    • collection
    • scent
    Related Knowledge Center
    • Fine Fragrance
    Suggested For You
    How 2020 Changed Aesthetics How 2020 Changed Aesthetics
    Hope ‘Springs’ Eternal for Hair Styling Hope ‘Springs’ Eternal for Hair Styling
    Shelf Present Shelf Present
    Are Chemists the Rock Stars of Beauty? Are Chemists the Rock Stars of Beauty?
    The Detox Market Partners with Good Face Project The Detox Market Partners with Good Face Project
    Another Hand Sanitizer Firm Flagged by FDA Another Hand Sanitizer Firm Flagged by FDA
    Bell International Laboratories Bell International Laboratories
    MAC Appoints SVP, Global Marketing MAC Appoints SVP, Global Marketing
    ELC Increases Stake in DECIEM ELC Increases Stake in DECIEM
    What You What You're Reading on Happi.com
    Mother Dirt Adds PeaceKeeper Kit Mother Dirt Adds PeaceKeeper Kit
    What To Expect… What To Expect…
    Burt’s Bees Outlines New Sustainability Goals Burt’s Bees Outlines New Sustainability Goals
    State of the Beauty Industry, Part I State of the Beauty Industry, Part I
    Pantone Releases Autumn/Winter 2021 Color Trend Report Pantone Releases Autumn/Winter 2021 Color Trend Report

    Related Breaking News

    • Color Cosmetics | Fine Fragrance | Skin Care
      Estée Lauder Signs Actress Ana de Armas

      Estée Lauder Signs Actress Ana de Armas

      New global brand ambassador will debut in new fragrance campaign next month.
      Tom Branna, Editorial Director 02.26.21

    • Color Cosmetics | Fine Fragrance | Personal Cleansers | Skin Care
      Sephora To Open More Stores in 2021

      Sephora To Open More Stores in 2021

      Adding more than 60 freestanding units, most outside malls.
      Tom Branna, Editorial Director 02.26.21

    • Fine Fragrance
      Clean Beauty Collective Supports Earth Day Initiative

      Clean Beauty Collective Supports Earth Day Initiative

      Offers its latest floral scent in a limited-edition package design featuring butterflies.
      Melissa Meisel, Associate Editor 02.25.21


    • Fine Fragrance
      Cosmo International Fragrances Appoints President Worldwide

      Cosmo International Fragrances Appoints President Worldwide

      Marc Blaison has been instrumental to the growth of the company over the last 30 years.
      Charles Sternberg, Assistant Editor 02.23.21

    • Color Cosmetics | Fine Fragrance
      Conscious Consumerism Is in Fashion

      Conscious Consumerism Is in Fashion

      As Fashion Week 2021 kicks off, the household and personal products industry can learn something from the garment guys & gals.
      Tom Branna, Editorial Director 02.14.21

    • Fine Fragrance
      Givaudan Acquires AI Company

      Givaudan Acquires AI Company

      Myrissi’s technology can translate fragrances into color patterns and images.
      Christine Esposito, Managing Editor 02.12.21


    • Fine Fragrance
      IFF Reports Sales Decrease for Q4 and Full Year 2020

      IFF Reports Sales Decrease for Q4 and Full Year 2020

      The scent category outperformed the taste business unit.
      Charles Sternberg, Assistant Editor 02.11.21

    • Fine Fragrance
      Orchidia Fragrances Releases 2021 Trend Outlook

      Orchidia Fragrances Releases 2021 Trend Outlook

      Predicts top items that will be most influential in shaping the fragrance industry.
      Melissa Meisel, Associate Editor 02.10.21

    • Fine Fragrance
      Praan Naturals Unveils Rosewood Essential Oil

      Praan Naturals Unveils Rosewood Essential Oil

      Expands its range of more than 500 natural ingredients for personal care product development.
      Melissa Meisel, Associate Editor 02.02.21


    • Color Cosmetics | Fine Fragrance | Functional Ingredients | Hair Care | Personal Cleansers | Pigments | Surfactants | Testing
      China May Relax Animal Testing for Cosmetics

      China May Relax Animal Testing for Cosmetics

      New rules could impact several common beauty categories.
      Tom Branna, Editorial Director 01.31.21

    • Fine Fragrance | Functional Ingredients
      Douglas To Close 500 Doors

      Douglas To Close 500 Doors

      The shift to online continues in Europe.
      Tom Branna, Editorial Director 01.29.21

    • Fine Fragrance
      CLT Introduces Private Label Solid Air Freshener Cones

      CLT Introduces Private Label Solid Air Freshener Cones

      Utilizes company's gel air freshener cone technology.
      Charles Sternberg, Assistant Editor 01.28.21


    • Fine Fragrance
      TFF Opens Nominations for 2021 Awards

      TFF Opens Nominations for 2021 Awards

      Updates the roster of awards categories.
      Melissa Meisel, Associate Editor 01.27.21

    • Color Cosmetics | Fine Fragrance | Packaging | Packaging | Skin Care | Sun Care
      Estée Lauder Travel Retail

      Estée Lauder Travel Retail's Sustainability Goals

      Reducing packaging waste, improving transportation emissions are part of the plan.
      Tom Branna, Editorial Director 01.26.21

    • Fine Fragrance
      Some Good News at Inter Parfums

      Some Good News at Inter Parfums

      Q4 2020 revenues topped Q4 2019 performance.
      Christine Esposito, Managing Editor 01.25.21

    Trending
    • When The FTC Comes Calling...
    • MAC Appoints SVP, Global Marketing
    • Are Chemists The Rock Stars Of Beauty?
    • Formulating Liquid Laundry Detergents
    • Eucerin Launches Sun Protection Formula
    Breaking News
    • Cosmetic Chemical Sales To Post CAGR 5.8% To 2025
    • ACI Urges Senate to Approve Regan as EPA Administrator
    • Estée Lauder Signs Actress Ana de Armas
    • GUM Recalls Oral Spray
    • Sephora To Open More Stores in 2021
    View Breaking News >
    CURRENT ISSUE

    February 2021

    • Help for Indies
    • Trade Association Directory 2021
    • The Future Has Arrived
    • Shape It Up
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Preliminary Study Links Markers of Impaired Bone Health to Vegan Diet
    Refined Grains Linked to Heart Attack Risk, Early Death
    Kappa Bioscience Extends Research Partnership For COVID-19 Research
    Coatings World

    Latest Breaking News From Coatings World

    Nippon Paint Marine Wins Korea Export Award
    Universal Display Corporation, PPG Expand Global Production of UniversalPHOLED Materials
    PPG Introduces Premium Iso-free Primer Surfacer, Catalyst
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    January AI Raises $8.8 Million in New Funding
    FDA Clears Ava Fertility Tracking Wearable Device
    First Patient in Europe Treated With Diamondback 360 Coronary Orbital Atherectomy System
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Spark Therapeutics Appoints CTO
    Cryoport Launches ESG Program
    U.S. Govt. Purchases 100k Doses of Lilly's COVID-19 Antibody Cocktail
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    The Top Beauty Products of 2021, According to HelloGiggles
    Estée Lauder Taps Ana de Armas as Global Brand Ambassador
    Sephora Announces Significant Expansion
    Happi

    Latest Breaking News From Happi

    Cosmetic Chemical Sales To Post CAGR 5.8% To 2025
    ACI Urges Senate to Approve Regan as EPA Administrator
    Estée Lauder Signs Actress Ana de Armas
    Ink World

    Latest Breaking News From Ink World

    Etiflex Enters New Markets with Nilpeter FA-22 Installation
    Hydrocarbon Solvents Market to Surpass $8.1 Billion by 2030
    Marshall & Bruce Adds Koenig & Bauer Rapida 106 41-Inch Seven-Color Press
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    FTA converts Forum & INFOFLEX to virtual events
    Xeikon launches two new digital label printing presses
    UFlex adds capacity in packaging films
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Texas Medical Technology Partners with My Protect Kit
    Mexico City Single-Use Plastics Ban Leads to Tampon Shortage
    Believe Diapers Launch in U.S.
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Fusion Robotics Receives FDA Clearance for Spinal Navigation and Robotics System
    Kaia Health Unveils Next-Gen Complete MSK Care Solutions
    First Implantation of CTL Amedica's Minimally Invasive Flex Tower
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Comercial Kywi Improves Customer Service, Front-Store Operations with Zebra Mobile Solution
    Global Printed Circuit Board Market Projected to Reach $69.32 Billion by 2027
    Global Smart Glass Market to Register 6.8% CAGR Between 2021-28: Grand View Research

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login