11.10.16
Inter Parfums SA, the Paris-based subsidiary of Inter Parfums New York, says that its sales should reach 380 million Euros, or $420 million, in 2017. Factors influencing this growth will include the company's upcoming Rochas launch, as well as its Jimmy Choo fragrances. A new Coach men's fragrance is also expected in 2017.
The company expects its annual growth next year to rise more than 8 percent compared to 2016, according to WWD.
Inter Parfums SA posted an 11.5 percent rise in revenues in the three months ended Sept. 30 to 110.6 million euros, or $123.5 million at average exchange. At constant exchange rates, sales in the period gained 13.7 percent.
Consolidated revenues for the company in the first nine months of 2016 advanced 10.8 percent, or 11.8 percent at constant exchange, to 272.9 million euros, or $304.6 million.
The company expects its annual growth next year to rise more than 8 percent compared to 2016, according to WWD.
Inter Parfums SA posted an 11.5 percent rise in revenues in the three months ended Sept. 30 to 110.6 million euros, or $123.5 million at average exchange. At constant exchange rates, sales in the period gained 13.7 percent.
Consolidated revenues for the company in the first nine months of 2016 advanced 10.8 percent, or 11.8 percent at constant exchange, to 272.9 million euros, or $304.6 million.