Beauty Industry

Sales Up at Inter Parfums, Inc.

Company reports record 2Q results

Inter Parfums, Inc. posted record results for the second quarter ended June 30, 2008, according to the company. Net sales rose 20% to $99.1 million. Sales by U.S.-based operations rose 23% to $15.2 million, while European businesses achieved a 19% increase in sales to $83.9 million. Net income rose 1% to $3.8 million.

For the six months ended June 30, 2008, net sales at Inter Parfums increased 32% to $222.2 million, while net income jumped 31% to $12.5 million.

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