×
176
Fashion Jobs
AESOP
Retail Consultant | Part-Time (30 Hours) & Full-Time | Aesop City of Stockholm
Permanent · STOCKHOLM
ASICS
Sales Representative
Permanent · Stockholm
PUMA
Senior Key Account Manager Sportstyle Nordic
Permanent · Solna
H&M
Global Head of Marketing h&m Sport
Permanent · Stockholm
H&M
Project Leader For Material Certification And Material Trademark Within Group Compliance
Permanent · Stockholm
PUMA
Project Manager IT Sap
Permanent · Solna
PUMA
Senior Manager Merchandising Puma Golf Europe
Permanent · Solna
H&M
Art Director – h&m Group Communications
Permanent · Stockholm
H&M
Data Analyst to Predictive Analytics Team @h&m Business Tech
Permanent · Stockholm
H&M
Data Analyst to an Inventory Optimization Team in Business Tech
Permanent · Stockholm
H&M
Business Minded Data Specialist to h&m Group
Permanent · Stockholm
H&M
Scrum Master (Service Now) to Support And Operations Toolings Team at h&m Business Tech
Permanent · Stockholm
H&M
we Are Looking For Business Intelligence Analysts to Group Expansion, h&m
Permanent · Stockholm
H&M
Business Intelligence Analyst
Permanent · Stockholm
H&M
Cyber Security Trainer
Permanent · Stockholm
H&M
Security Advisor
Permanent · Stockholm
H&M
h&m is Looking For a Business Expert For Allocation Precision
Permanent · Stockholm
H&M
Power bi Specialist to Kpi Dashboards Within Business Tech
Permanent · Stockholm
H&M
ai Learning & Development Manager
Permanent · Stockholm
H&M
Import-Export Manager to h&m Distribution Centre in Eskilstuna
Permanent · Eskilstuna
H&M
Scrum Master to Support & Operation Tooling, Monitoring & Insights Team at h&m Business Tech
Permanent · Stockholm
H&M
Business Expert Full-Stack 3d Garment Specialist
Permanent · Stockholm
Published
Jan 31, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Inter Parfums 'star performer' brands spritz better-than-expected full year result

Published
Jan 31, 2017

Inter Parfums on Monday announced its fourth quarter and full year sales results, which it describes as “better than expected.” Net sales increased 13.9% to $134.8 million from $118.3 million, and full year net sales increased 11.2% to $521.1 million from $468.5 million, exceeding its guidance.


Inter Parfums

 
European-based product sales increased 12.8% in the fourth quarter and increased 11.4% for the year, and US based product sales for the fourth quarter increased 17.3% and 10.6% for the year. Inter Parfums Chairman and CEO Jean Mader said Montblanc was the “star performer,” increasing 30% in fourth quarter sales and 25% in full year sales driven by the Montblanc Legend fragrance.
 
He added,” Our newer brands were also contributors to the increase in net sales. Coach brand sales, which commenced in the second half of 2016, were well ahead of expectations, with $9.1 million in incremental sales for the quarter and $23.1 million for the year. Rochas brand sales rose 16% to $9.9 million in the final quarter of 2016, and contributed $32.3 million to full year sales; we began consolidating the brand’s sales when we acquired Rochas in June 2015.”

Mader also credited First Instinct, the Abercrombie & Fitch fragrance; Wave, the Hollister fragrance and Dunhill’s Icon as major contributors to the US fourth quarter sales performance. Jimmy Choo fell 9% in the fourth quarter and 2% in the year due to the absence of a new product launch, and Lanvin fell 13% in both periods.
 
“We have an impressive line-up of new fragrance launches rolling out in 2017 for both European and U.S. based operations with a special emphasis on new brands, including our first ever new scent under the Rochas brand, our first Coach fragrance for men, and major brand extensions for the Abercrombie & Fitch and Hollister brands,” said Mader.
 
Inter Parfums expects its 2016 diluted earnings per share to be at the top end of its guidance at $1.10, and it reaffirms its 2017 guidance range of $550 million to $560 million and its net income to range from $1.20 to $1.24.

Copyright © 2022 FashionNetwork.com All rights reserved.