Inter Parfums, Inc. CEO Jean Madar cited the “robust” fragrance environment, strength of legacy brands, rapid ramp-up of new brands, effectiveness of advertising and promotional activity, and global distribution footprint as factors driving the firm’s 11% growth in second quarter sales to $342m. “Our three largest markets, North America, Western Europe and Asia/Pacific, grew sales by 5%, 11% and 5%, respectively,” while Central and South America sales grew at an “exceptional” 25%, reflecting a strong contribution from Lacoste fragrances, he notes in a 7 August earnings release.
Fragrance Industry News: Strong Sales Trends In H1, Fefé For Dogs, And The Scent Every Pretzel Lover Kneads
Inter Parfums, Inc.’s second quarter sales grew 11% on “robust” fragrance environment, strength of legacy brands and speedy ramp-up of new brands, CEO Jean Madar said. Meanwhile, Symrise’s Scent & Care division sales grew 12.1% in the 2024 first half, while Givaudan’s fragrance and beauty sales jumped 15.3%. More fragrance news.
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