Inter Parfums, Inc. Reports Record Third Quarter Net Sales - Seite 2

(in millions)

 

2021

 

2020

 

2019

 

21 vs 19%

 

 

 

     

 

European based product sales

 

$527.0

 

$283.3

 

$412.9

 

27.6%

United States based product sales

 

141.8

 

71.7

 

122.8

 

15.5%

 

 

$668.8

 

$355.0

 

$535.7

 

24.8%

Jean Madar, Chairman & CEO of Inter Parfums stated, “Our third quarter, historically our strongest, set a record. As compared to 2019’s third quarter, our largest brands outperformed our best expectations. Montblanc, Jimmy Choo, Coach, GUESS and Lanvin sales were ahead 26%, 40%, 98%, 27%, and 37%, respectively. The increases came from established fragrance pillars, brand extensions and the rollout of newer scents, including I Want Choo for Jimmy Choo and Bella Vita for GUESS. Also contributing to the top line growth were sales by two of our newer brands, namely Kate Spade and MCM, both of which debuted new fragrances this year. We are similarly gratified by the meaningful upturn in sales by most of our mid-sized brands, as compared to the third quarters of the preceding two years.”