Inter Parfums Inc. Announces Sales Results for the Fourth Quarter and Full Year Ended December 31, 2014
January 26, 2015 at 04:05 pm EST
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Inter Parfums Inc. announced sales results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales net sales increased 18.6% to $125.1 million, as compared to $105.5 million for the final quarter of 2013. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 24.9%.
For the full year, net sales from ongoing brands (excluding Burberry) rose 15.3% to $499.3 million from 2013 as $433.1 million. At comparable foreign currency exchange rates, consolidated 2014 net sales from ongoing brands increased 15.6%.
Inter Parfums, Inc. manufactures, markets and distributes a range of fragrance and fragrance related products. The Company has two segments. The Company produces and distributes its fragrance products under license agreements with brand owners, and fragrance product sales through its European based operations segment. It has built a portfolio of brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, and Van Cleef & Arpels, whose products are distributed in approximately 120 countries around the world. Its brand fragrance products are also produced and marketed through its United States based operations. These fragrance products are sold under trademarks owned by the Company or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, and Ungaro.
INTER PARFUMS, INC. 
