Strong Burberry fragrance sales, good performances in key markets, particularly Western Europe and the U.S., and a favorable currency effect helped Inter Parfums SA maintain third-quarter 2009 sales on par with the same period last year at 72.8 million euros, or $104 million at average exchange.
The Paris-based subsidiary of Inter Parfums Inc. said it was up against a high basis of comparison since the year-ago period was bolstered by the launches of the Van Cleef & Arpels’ Féerie fragrance, Lanvin’s Jeanne Lanvin and S.T. Dupont’s Passenger.
Sales in the first nine months of the year were down 3.5 percent year-over-year at 194 million euros, or $265.2 million.
At constant exchange, sales slumped 8.9 percent. Its Burberry fragrance business saw sales decrease 1.7 percent in the period to 125.7 million euros, or $171.8 million.
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“Based on positive trends for orders in recent weeks, the company still anticipates a marginal decline in 2009 full-year sales in relation to the prior year,” the company stated. As reported, earlier this month Inter Parfums inked a 12-year worldwide fragrance licensing agreement with Jimmy Choo.