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Perfumania Holdings, Inc. Reports Perfumania Retail Sales For February 2013

BELLPORT, N.Y., March 7, 2013 (GLOBE NEWSWIRE) -- Perfumania Holdings, Inc. (Nasdaq:PERF) announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States, Puerto Rico and the U.S. Virgin Islands, reported total net sales of $18.7 million for the four week fiscal month of February 2013, which ended March 02, 2013, versus $20.2 million for the four week fiscal month of February 2012, which ended February 25, 2012. February represents the first month of fiscal year 2013. For the month of February 2013, comparable store sales decreased by 9.2%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.

PERFUMANIA FEBRUARY 2013 RETAIL SALES ($'s in $000's):
             
   FY    FY    FY  
  2013   2012   2011  
    Increase   (Decrease)   Increase
    (Decrease)   Increase    
             
Number of Open Stores, February 341 0.3% 340 (4.5%) 356  
             
February Total Retail Sales $18,730 (7.4%)  $20,231 4.2% $19,410  
             
             
February Comparable Store Sales   (9.2%)   6.4%   6.2%
             
             
CONTACT: Company Contact:
         
         Michael W. Katz
         President and
         Chief Executive Officer
         Perfumania Holdings, Inc.
         631-866-4156

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