Wednesday 11 August 2010

Record Results For Inter Parfums Second Quarter - 11/08/10

Recently we brought you the news that Inter Parfums experienced a 22% rise in sales for their second quarter. Today, it has been confirmed that their sales were record breaking, specifically in the U.S where operations rose 71% to $15.9 million, from a previous $9.2 million. The companies operating income rose 68% to $11.5 million, from a previous $6.8 million, and their net income reached a high of $5.4 million rising at 27%. Executive Vice President Russell Greenberg explains the results are due to “the strength of our existing brand portfolio” and also “the expansion of the portfolio with new high value brands.”

With a portfolio including Burberry, Christian Lacroix and more, we can see where the success comes from.

Image credit: christian-lacroix.fr

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Posted by MO at 6:00 am
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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au