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Inter Parfums Q1

Executive Summary

Prestige product sales jumped 37% (12% in constant dollars) on double-digit sales growth of every major prestige fragrance brand, highlighted by continued rollout of Christian Lacroix Bazar, S.T. Dupont Essence Pure and Paul Smith Extreme, firm reports in May 6 sales and earnings 1release. Momentum could continue in second quarter with launches including Burberry Tender Touch and limited-edition scents under Celine and Christian Lacroix, firm says during a May 7 presentation to analysts. Mass market sales grew 21% in Q1, largely on continued benefits of Tristar acquisition. Consolidated sales rose 32.2% to $37.6 mil., while net income jumped 24.5% to $2.5 mil...
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