|Three months ended September 30,||Nine Months Ended September 30,|
|2015||2014||% Change||2015||2014||% Change|
|($ in millions)|
|European based product sales||$110.1||$||103.4||6.5||%||$||274.1||$||300.4||(8.8||)%|
|United States based product sales||28.8||30.8||(6.5||)%||76.1||73.7||3.3||%|
2015 Guidance Russell Greenberg, Executive Vice President & Chief Financial Officer stated, "We continue to expect 2015 net sales to be in the range of $460 million to $470 million, resulting in net income per share attributable to Inter Parfums, Inc. of between $0.95 to $1.00 per diluted share. Our current guidance factors in negative market conditions in China and Russia that have prevailed throughout this year, as well as Brazil which we have added to our 'watch list'. As always, our guidance assumes the dollar remains at current levels. We plan to report our initial 2016 sales and earnings guidance on November 17, 2015."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, Coach, Dunhill, Hollister, Jimmy Choo, Karl Lagerfeld, Montblanc, Oscar de la Renta, Paul Smith, Repetto, Shanghai Tang, S.T. Dupont and Van Cleef & Arpels. We also own the Rochas brand as well as the Lanvin brand name for our class of trade. 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.