Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended March 31, 2015, net sales were $109.2 million compared to $121.7 million in the first quarter of 2014, with a substantial portion of the decline attributable the strong dollar versus the euro. At comparable foreign currency exchange rates, consolidated first quarter net sales were $118.4 million. Inter Parfums plans to issue results for the 2015 first quarter on or about May 11, 2015. Net Sales:
|Three months endedMarch 31,|
|(in millions)||2015||2014||% Change|
|European-based product sales||$||86.7||$||102.3||-15.2||%|
|United States-based product sales||22.5||19.4||16.0||%|
In the more than 30 years since its founding, Inter Parfums, Inc. has been selected as the fragrance and beauty partner for a growing list of brands that include Abercrombie & Fitch, Agent Provocateur, Anna Sui, Balmain, Banana Republic, bebe, Boucheron, Dunhill, Gap, Hollister, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Oscar de la Renta, Paul Smith, Repetto, Shanghai Tang, S.T. Dupont and Van Cleef & Arpels, Inter Parfums is known for innovation, quality and its ability to capture the genetic code of each brand in the products it develops, manufactures and distributes in over 100 countries worldwide.Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions or expectations will be achieved. In some cases you can identify forward-looking statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would," or similar words. You should not rely on forward-looking statements because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings "Forward Looking Statements" and "Risk Factors" in Inter Parfums' annual report on Form 10-K for the fiscal year ended December 31, 2014 and the reports Inter Parfums files from time to time with the Securities and Exchange Commission. Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.