×
6 489
Fashion Jobs
COTY
Senior National Account Manager
Permanent · London
FRASERS GROUP
Warehouse Training Instructor
Permanent · SHIREBROOK
FRASERS GROUP
Facilities Coordinator
Permanent · LONDON
REISS
Partner Marketing Executive
Permanent · LONDON
REISS
Digital Marketing Executive
Permanent · LONDON
HUGO BOSS UK LTD.
Finance Assistant - Accounts Payable
Permanent · LONDON
WAITROSE
Warehouse Partner
Permanent · AYLESFORD
WAITROSE
Warehouse Partner – Nights
Permanent · LONDON
HEAD OFFICE
Senior Commercial Manager – Point of Sale Credit
Permanent · LONDON
DR. MARTENS
Head of Operations - Emea (Supply & Demand Planning)
Permanent · LONDON
FRASERS GROUP
Marketing Executive - Premium
Permanent · LONDON
FRASERS GROUP
Office Manager
Permanent · LONDON
NAPAPIJIRI
Account Coordinator - German Speaking - Napapijri
Permanent · NOTTINGHAM
NEW LOOK
CRM Executive
Permanent · LONDON
NEXT
Stock Coordinator - Bentley Bridge
Permanent · WOLVERHAMPTON
NEXT
Van Driver - Cheshire Coliseum
Permanent · ELLESMERE PORT
COTY
Account Manager - Fragrance
Permanent · London
KAREN MILLEN
Senior Affiliate Marketing Executive
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Austins - 13hours
Permanent · Newton Abbot
ESTÉE LAUDER
Tom Ford - Business Manager - h Beauty - 37.5 Hours
Permanent · Gateshead
ESTÉE LAUDER
Clinique - Consultant - Boots - 15 Hours
Permanent · London
ESTÉE LAUDER
Estée Lauder - Global Flagship Business Manager – Selfridges London - 37.5 Hours
Permanent · London
Ads
Published
Mar 2, 2022
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Inter Parfums has good year as it beats 2019 figures

Published
Mar 2, 2022

Fragrance giant Inter Parfums has reported a strong 2021 with  a 23% sales rise and surging earnings compared to 2019. Net sales reached $879.5 million last year while the gross margin rose to 63% from 2020’s 61% and 2019’s 62%. Operating income rose 41% on a two-year basis to $148.1 million and net income was up 45% to $987.4 million.


Kate Spade - Inter Parfums



And chairman and CEO Jean Madar said that “by all measures, 2021 was the best and most productive year in our history”.

The business achieved record net sales and earnings from continuing operations while its four largest brands and many of its mid-sized brands outperformed 2019 results. 

The company cited overall fragrance industry figures that showed sector sales up 21% last year while its own top line grew by 63% compared to 2020.

Compared to 2019, its largest market, North America, grew sales by 50%, followed by Eastern Europe and Latin America with gains of 26% and 22%, respectively. Western Europe and Asia also achieved top line growth of 9% and 15% in 2021, respectively, and only the Middle East had a decline in sales compared to 2019.

Pre-Covid, travel retail had represented approximately 15% of its net sales and it’s showing signs of improvement, even though that business is “still a fraction of what it once was”.

During the year Guess joined Montblanc, Jimmy Choo and Coach in reaching sales of more than $100 million. And it launched major new products, including its first fragrances for Kate Spade, MCM and Moncler, along with the Away duo for Abercrombie & FitchSky by Anna SuiBella Vita for Guess, I Want Choo for Jimmy Choo, and Alibi for Oscar de la Renta

It also added two new brands to its portfolio, Ferragamo and Ungaro, and in July will take on the licenses for Donna Karan and DKNY.

Copyright © 2023 FashionNetwork.com All rights reserved.