Inter Parfums Q4 Revenues From Ongoing Brands Up 19%

(RTTNews) - Inter Parfums Inc. (IPAR) Monday said its revenues for the fourth quarter, excluding Burberry brand, increased 19 percent to $105.5 million from $88.8 million last year. Sales dropped 40 percent including Burberry sales.

Total sales for 2013, excluding Burberry, increased nearly 23 percent to $433.0 million from $352.7 million last year.

Inter Parfums plans to issue fourth quarter and full year results on or about March 11, 2014.

CEO Jean Madar said, "We are very enthusiastic about 2014 which is shaping up to be one our largest new product launch years in our history on both sides of the Atlantic with new scents rolling out for Balmain, Karl Lagerfeld, Jimmy Choo, Montblanc, S.T. Dupont, Alfred Dunhill, Shanghai Tang and Agent Provocateur."