Beauty Industry

Sales Up at Inter Parfums, Inc.

Company reports record 2Q results

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By: Jamie Matusow

Editor-in-Chief

Inter Parfums, Inc. posted record results for the second quarter ended June 30, 2008, according to the company. Net sales rose 20% to $99.1 million. Sales by U.S.-based operations rose 23% to $15.2 million, while European businesses achieved a 19% increase in sales to $83.9 million. Net income rose 1% to $3.8 million.

For the six months ended June 30, 2008, net sales at Inter Parfums increased 32% to $222.2 million, while net income jumped 31% to $12.5 million.

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