INTERPARFUMS POST COVID

The company, which makes fragrances for Jimmy Choo, Coach, Montblanc and other brands, saw a 3.5 percent lift in sales for the quarter ended Dec. 31, to $184 million.

European sales were up 8.1 percent year-over-year, to $129.6 million for the quarter, while U.S. sales were down 8.8 percent, to $44.4 million in the quarter.

Inter Parfums chairman and chief executive officer Jean Madar said sales exceeded expectations and that several brands did particularly well. Montblanc posted a 9.8 percent increase, Jimmy Choo posted a 13.4 percent rise, Coach saw an 18 percent increase and Anna Sui grew sales by 62.3 percent. Continue reading