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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