GUESS

Inter Parfums, Inc. Reports 2023 Fourth Quarter and Record Full Year Results

Retrieved on: 
Tuesday, February 27, 2024

Jean Madar, Chairman & Chief Executive Officer of Inter Parfums noted, “Ongoing demand for our brands, strong holiday season sell-through, and a dynamic fragrance market resulted in a strong 2023 fourth quarter and record full year net sales and earnings results.

Key Points: 
  • Jean Madar, Chairman & Chief Executive Officer of Inter Parfums noted, “Ongoing demand for our brands, strong holiday season sell-through, and a dynamic fragrance market resulted in a strong 2023 fourth quarter and record full year net sales and earnings results.
  • “Of special note, for the first time ever, each of our three largest brands generated sales in excess of $200 million.
  • In 2023, Jimmy Choo emerged as our largest brand, growing sales by 19%, and Montblanc and Coach sales rose by 15% and 25%, respectively.
  • “Our fourth largest brand, GUESS, grew sales by a robust 23%.

GUESS Announces Grand Re-Opening at the Forum Shops at Caesars Palace in Las Vegas

Retrieved on: 
Thursday, February 1, 2024

GUESS, a global leader in fashion and lifestyle, is delighted to announce the grand re-opening of its newest store at the renowned Forum Shops at Caesars Palace in Las Vegas.

Key Points: 
  • GUESS, a global leader in fashion and lifestyle, is delighted to announce the grand re-opening of its newest store at the renowned Forum Shops at Caesars Palace in Las Vegas.
  • The much-anticipated event took place on January 26, 2024, marking a significant moment for the brand as they expand their brick-and-mortar presence.
  • The grand re-opening signifies GUESS's dedication to providing an unparalleled shopping experience that reflects the dynamic spirit of the brand.
  • For more information, visit the GUESS store at The Forum Shops at Caesars Palace or the official GUESS website.

Inter Parfums, Inc. Reports Record 2023 Fourth Quarter and Full Year Net Sales

Retrieved on: 
Tuesday, January 23, 2024

Furthermore, compared to 2019, our sales were up 85% for both the fourth quarter and full year 2023.

Key Points: 
  • Furthermore, compared to 2019, our sales were up 85% for both the fourth quarter and full year 2023.
  • “Our European based operations grew sales by 2%, primarily due to Coach brand sales which rose 17% in the fourth quarter.
  • Considering Jimmy Choo and Montblanc sales growth of 78% and 50%, respectively, in the closing quarter of 2022, a modest decline in net sales for those two brands during the fourth quarter of 2023 was expected.
  • The Company’s full year 2024 guidance will be addressed in conjunction with the issuance of the 2023 fourth quarter and full year consolidated earnings results.

GUESS Unveils New SS24 ADV Campaign With Georgina Rodríguez

Retrieved on: 
Monday, January 8, 2024

GUESS and Marciano are proud to announce the launch of their new SS24 ADV campaign featuring Spanish-Argentine model, influencer, and TV star, Georgina Rodríguez, who will be making a reappearance in the brand’s advertising for the second time.

Key Points: 
  • GUESS and Marciano are proud to announce the launch of their new SS24 ADV campaign featuring Spanish-Argentine model, influencer, and TV star, Georgina Rodríguez, who will be making a reappearance in the brand’s advertising for the second time.
  • This press release features multimedia.
  • Georgina Rodríguez stated: “It’s a real honor to be invited back to work on the new GUESS campaign.
  • I also admire her for her personal values and the importance she places on family.

Inter Parfums, Inc. Announces Initial 2024 Guidance

Retrieved on: 
Tuesday, November 21, 2023

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.

Key Points: 
  • Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.
  • Guidance for 2023 and 2024 assumes that the average dollar/euro exchange rate remains at current levels.
  • For Montblanc, we have an extension of the Legend line in early 2024, followed by a new four-scent premium collection.
  • “With shipments of Cavalli and Lacoste fragrances beginning in January, their combined fragrance sales should add approximately 7% to our topline growth in 2024.

WATCHFINDER & CO.: OVER 23 MILLION FAKE WATCHES ARE CIRCULATING THE US AS COUNTERFEIT GOODS MARKET CONTINUES TO GROW

Retrieved on: 
Monday, November 13, 2023

Additionally, of all the luxury watches sent to Watchfinder over the last year, at least half of those identified as fake or containing fake parts were Rolex.

Key Points: 
  • Additionally, of all the luxury watches sent to Watchfinder over the last year, at least half of those identified as fake or containing fake parts were Rolex.
  • See the heat map of the US cities where the most fake watches are circulating.
  • In response to the problem, Watchfinder is calling on consumers to shop smart as the growth in counterfeit watches and so called 'super fakes' flood the US market.
  • Watchfinder & Co.: Founded in 2002 Watchfinder & Co. is the premier resource from which to buy, sell and part-exchange pre-owned luxury watches.

GUESS Proudly Announces Its Inclusion in Business Report’s Ranking of the “Top 25 Companies in Los Angeles”

Retrieved on: 
Thursday, October 26, 2023

Business Report recently published its ranking of “Top 25 Companies in Los Angeles,” and GUESS?, Inc. came in at number one.

Key Points: 
  • Business Report recently published its ranking of “Top 25 Companies in Los Angeles,” and GUESS?, Inc. came in at number one.
  • Focused on highlighting companies in the world entertainment hub, the article recognized brands such as Universal Studios Hollywood and Califia Farms.
  • In speaking directly about GUESS, the article details the humble beginnings of four brothers pursuing their own American dream.
  • The company also continues to pioneer in sustainable fashion with the recent launch of its third-party reviewed VISION GUESS report and the 2023 GUESS ECO Collection.

Matteo Bocelli Guest Stars in New GUESS 2023 Holiday Advertising Campaign

Retrieved on: 
Wednesday, October 25, 2023

In the new Holiday 2023 Advertising campaign, GUESS sets sail with Italian singer and rising star, Matteo Bocelli, and Albanian model and singer, Oriola Marashi, to the dreamy shores of Bagni Alpemare, in Forte dei Marmi, Italy.

Key Points: 
  • In the new Holiday 2023 Advertising campaign, GUESS sets sail with Italian singer and rising star, Matteo Bocelli, and Albanian model and singer, Oriola Marashi, to the dreamy shores of Bagni Alpemare, in Forte dei Marmi, Italy.
  • The new advertising campaign perfectly captures the sophisticated spirit of the GUESS Holiday collection, with its hour-glass dresses, debonair suits, trousers, separates and accessories in their unmistakably retro yet modern GUESS key.
  • Working with the whole GUESS team was so much fun and shooting this campaign in the place I call home made it even more special," commented Matteo Bocelli.
  • Look out for the 2023 GUESS Holiday Advertising campaign in leading international fashion and lifestyle magazines, GUESS retail stores, social platforms, outdoor media and online.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Net Sales

Retrieved on: 
Monday, October 23, 2023

At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.
  • “Our European based operations grew sales 18% during the third quarter, and all of our brands achieved top line growth.
  • Sales of our three largest brands, Coach, Montblanc, and Jimmy Choo increased by 32%, 20% and 6%, respectively.
  • We believe we are well positioned to meet the demand of our retailers and consumers on our way to another record year.”
    An update on the Company’s full-year 2023 guidance will be announced in conjunction with the issuance of third quarter 2023 consolidated results.

The Op Games Launches New PAW Patrol™ Editions of MONOPOLY JUNIOR® and GUESS WHO?®, Based on Hit Animated Series

Retrieved on: 
Tuesday, September 26, 2023

CARLSBAD, Calif., Sept. 26, 2023 /PRNewswire/ -- Usaopoly (The Op), the board game and puzzle publisher behind iconic licensed games and best-selling party games Telestrations®, Blank Slate™, and Hues and Cues™, today launched two new, pup-tasic versions of classic kids games– MONOPOLY JUNIOR®: PAW Patrol Edition and GUESS WHO?®: PAW Patrol– under license by Hasbro, a leading toy and game company, and Paramount Consumer Products. Produced by Spin Master Entertainment and airing on Nickelodeon, PAW Patrol™ is one of the most popular kids' animated series, and now kids and families can join their favorite rescue dogs and em-bark on new tabletop adventures just in time for Paw Patrol: The Mighty Movie, hitting theaters on September 29th.

Key Points: 
  • In MONOPOLY JUNIOR®: PAW Patrol Edition, kids will journey through Adventure Bay with their favorite heroes from the show, Chase, Marshall, Skye, and Rubble, represented by four themed tokens.
  • Played by traditional GUESS WHO?® rules, each player will choose a mystery character and take turns using yes or no questions to guess the other player's mystery character.
  • MONOPOLY JUNIOR®: PAW Patrol Edition (MSRP: $29.99) and GUESS WHO?®: PAW Patrol (MSRP: $29.99) are available now on The Op's website.
  • To learn more about the games and The Op, visit www.TheOp.Games , and follow along on social ( @TheOpGames ) for more on the latest game announcements and launches.