Discussing European-based operations Jean Madar, Chairman & CEO of Inter Parfums noted, “Many of the brands in our portfolio performed extremely well during the third quarter. Third quarter sales of Lanvin fragrances rose 12% with continuing gains by the Eclat d’Arpège line and the launch of the Jeanne Lanvin Couture line. Montblanc fragrance sales were 67% ahead of last year’s third quarter due in great part to the continued success of the men’s line, Legend. Jimmy Choo fragrances also showed robust gains, up 44% versus last year’s third quarter based upon the signature scent that launched in 2011.”He continued, “Through the first nine months, Burberry brand sales are running over 10% ahead of the same period last year. S.T. Dupont fragrance sales achieved a nearly 30% year-to-date sales gain. Also, Boucheron has become a meaningful contributor this year with the gradual re-release of the brand’s fragrance collections along with our first initiative, Jaipur Bracelet.”
Inter Parfums, Inc. Reports Third Quarter Sales
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