Sales: $521 million.
Key Personnel: Jean Madar, chairman; Philippe Benacin, president and chief executive officer; Russell Greenberg, chief financial officer.
Major Products: Fragrances and beauty products including Abercrombie & Fitch, Agent Provocateur, Anna Sui, Bebe, Boucheron, Coach, Dunhill, Hollister, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Oscar de la Renta, Paul Smith, Repetoo, Rochas, Shanghai Tang, S.T. Dupont, and Van Cleef & Arpels.
New Products: Abercrombie & Fitch First Instinct, Anna Sui L’Amour Rose extension and Fairy Dance extension, Hollister Wave 2 duo, Dunhill Icon Racing, Boucheron multi-scent collection, Karl Lagerfeld fragrance duo, Lanvin’s Éclat d’Arpège brand extension, new addition to the Van Cleef & Arpels Collection Extraordinaire assortment, Mademoiselle Rochas, Modern Princess. To be launched: Coach men’s scent (fall), Mont Blanc Legend Night (Holiday 2017), Jimmy Choo L’Eau and Jimmy Choo Man Ice (Winter 2017), Dunhill Desire Extreme (Winter 2017), Icon Racing (Holiday 2017), Boucheron Galerie Olfactive six-scent collection (Winter 2017), Oscar de la Renta Bella Blanca (Winter 2017/18), Anna Sui Fantasia (Fall 2017),
Comments: Is there any fragrance house on earth that rolls out new scents at a faster rate than Inter Parfums? Some may say that there are still too many fine fragrance introductions, but the strategy is working as the company rebounded from a difficult 2015. Last year sales rose more than 11% to $521 million. Company executives are quick to point out that while the fragrance industry slumped from 2011 to 2016, posting a CAGR of -1.3%, sales of Inter Parfums’ scents rose 11%. Inter Parfums’ products are distributed in more than 100 countries through department stores and perfumeries. By region, Europe and the Americas each account for 38% of sales, with Asia Pacific representing 24%.
The good times continued into 2017, as first quarter sales surged 28.3% to $143.1 million. The company had issued guidance of $550-560 million for the year.