Double-Digit Plus for Perfume Brands
Interparfums Defies Difficult Market Situation
Interparfums has increased its sales by 26 per cent to 706.6 million euros in the 2022 financial year. According to the French company to which the perfume brands Montblanc, Van Cleef & Arples or Jimmy Choo belong, Q4 with nearly 200 million Euros in sales was up more than 60 per cent from the same period in 2021. According to Interparfums, sales price increases at the beginning of the year and the favourable euro/dollar exchange rate trend contributed to this performance. Still, this strong growth was largely organic with growth in unit sales of around 17 per cent, the company states. Further information ...