×
286
Fashion Jobs
NEWELL
Analyst, Power BI
Permanent · CHENNAI
NEWELL
Associate Manager, Brand Marketing
Permanent · MUMBAI
360 REALTORS
Team Leader/Area Sales Manager/Team Handling - Sales
Permanent · Pune
N R AROMAS
Area Sales Manager
Permanent · Indore
THE INFINITY SPACE
Area Sales Manager - Kotak Group | Hiring Urgently
Permanent · Faridabad
THE INFINITY SPACE
Area Sales Manager
Permanent · Ambala
SUPRO CONSULTING
on Roll - Area Sales Manager
Permanent · Nagpur
QUICK JOBS
Area Sales Manager -Loyalty Channel
Permanent · Ghaziabad
AVANTOR
Area Sales Manager - Chromatography || Hyderabad
Permanent · Hyderabad
PERFECT PUBLISHING SOLUTIONS
Area Sales Manager & Sales Executive-Exp/ Freshers-All India Openings
Permanent · Lucknow
ACME SERVICES PRIVATE LIMITED
Salon Manager/ Area Salon Manager/ Sales Head/ Center Head
Permanent · Mumbai
MAICO VENTILATION PVT LTD
Area Sales Manager - Madhya Pradesh
Permanent · Indore
ACME SERVICES
Finance Manager With a Leading Fashion Brand
Permanent · Surat
HOMEBAZAAR.COM
Hiring For Sales Manager - Real Estate - @ Andheri/Lower Parel
Permanent · Navi Mumbai
ADIDAS
Senior Manager Marketing Operations
Permanent · GURUGRAM
PEOPLE LINK
Immediate Opening of Sales Manager-Home Furnishing-Panipat
Permanent · Panipat
ROYAL TRANSPORT CORPORATION
Sales & Marketing Manager (Full Truck Load And Odc Project Transport)
Permanent · Nashik
MADHU JAYANTI INTERNATIONAL
Area Sales Manager
Permanent · Patna
DMART
Opening For The Post of Circle Head - Operations
Permanent · Bengaluru
PERSOLKELLY INDIA
Area Sales Manager- Corporate Sales-Faridabad- Relocation Company
Permanent · Faridabad
NR CONSULTING
Requirement- Sales Manager- Mumbai
Permanent · Mumbai
XWELL HUMAN RESOURCE
Area Sales Manager All Rajasthan Fmcg Company
Permanent · Ajmer
Published
Mar 14, 2017
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Inter Parfums beats full year expectations and announces new scents for 2017

Published
Mar 14, 2017

Inter Parfums on Monday released its fourth quarter and full year financial results, which includes $521.1 million in net sales for the year that exceeded expectations.
 

The women's fragrance by Coach - Interparfums


Net sales for the fourth quarter increased 13.9% to $134.8 million and full year net sales increased 11.2%. Fourth quarter sales by European operations increased to $99.9 million, led by Montblanc fragrances with the launch of the Legend Spirit line.
 
US based operations increased 17.3% to $34.9 million in the fourth quarter, driven by the launch of First Instinct, the Abercrombie & Fitch men’s scent, and Wave from Hollister. In addition, the first-ever Coach fragrance generated $23 million in sales for the year and Rochas contributed $34.6 million for the year.

Gross margin in the fourth quarter was 63.7% and consolidated gross margin was 62.7%. SG&A expenses as a percentage of net sales was 59.0%, compared to 60.4% in the previous fourth quarter, and operating income increased 26.5% to $5.4 million.
 
In addition, fourth quarter net income increased 111.2% to $3.9 million and rose to $0.13 per diluted share, and full year net income was $33.3 million or $1.07 per diluted share. The full year net income per diluted share also exceeded expectations for the year.
 
Jean Madar, Chairman & CEO of Inter Parfums, Inc. listed a number of scents launching in 2017 from Rochas, Coach, Abercrombie & Fitch and Hollister, Montblanc, Jimmy Choo, Lanvin, Boucheron and Oscar de la Renta. Rochas will launch its first new scent, Coach will debut a line of men’s fragrances, Abercrombie and Hollister will introduce women’s versions of the First Instinct and Wave scents, and several brands will expand distribution.
 
In 2017, Inter Parfums expects net sales to range from $550 million to $560 million and for net income to range from $1.20 to $1.24 per diluted share.

Copyright © 2023 FashionNetwork.com All rights reserved.