Montblanc

Inter Parfums, Inc. Reports Record 2024 First Quarter Net Sales

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星期三, 四月 24, 2024
Fashion, Cosmetics, Retail, Luxury, Other Retail, Specialty, GUESS, DKNY, Montblanc, Exploration, Collection, Iconic, Growth, Video game

- The average dollar/euro exchange rate for the 2024 first quarter was 1.09 compared to 1.07 in the 2023 first quarter, leading to a positive 0.6% foreign exchange impact for the 2024 first quarter.

Key Points: 
  • - The average dollar/euro exchange rate for the 2024 first quarter was 1.09 compared to 1.07 in the 2023 first quarter, leading to a positive 0.6% foreign exchange impact for the 2024 first quarter.
  • - Eliminations of intercompany sales relate to European based operations product sales to United States based operations.
  • Jean Madar, Chairman & Chief Executive Officer of Inter Parfums, stated, “With ongoing momentum in the fragrance market and favorable initial shipments of Lacoste and Cavalli fragrances, we delivered another record in first quarter sales.
  • Our net sales growth of 4% was expected, considering the 24% sales growth achieved in the same quarter of 2023.

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

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星期二, 二月 27, 2024
Fashion, Other Retail, Cosmetics, Retail, Specialty, Acquisition, Absorption, Investment, Share repurchase, GUESS, Growth, Treasury, Advertising, Collection, Montblanc, Travel

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%.

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

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星期二, 一月 23, 2024
Cosmetics, Retail, Specialty, Luxury, Growth, Montblanc, GUESS, Salvatore Ferragamo S.p.A., DKNY, Video game

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.

Inter Parfums, Inc. Announces Initial 2024 Guidance

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星期二, 十一月 21, 2023
Fashion, Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Montblanc, GUESS, Acquisition, Van Cleef & Arpels, DKNY, Abercrombie & Fitch, Piccolo uomo, Growth, Legend, Travel, Security (finance), Tourism, Lacoste, Cavalli

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.

Cufflinks Market to grow by USD 1.51 billion from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Boucheron Holding SAS, and Cartier SA and Burberry Group Plc, and many more - Technavio

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星期日, 十一月 26, 2023
Montblanc, Dolce, Metal, Platinum, Gold, Burberry, SAS, USD, Boucheron, Chanel, Dior, Cartier (jeweler), Growth, Geography, Tiffany & Co., Jewellery, Music

The cufflinks market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The cufflinks market is fragmented owing to the presence of many global and regional companies.
  • Download Free Sample Report before buying
    Boucheron Holding SAS - The company offers cufflinks such as Boucheron Paris crystal gold bar cufflinks, coral gold bar cufflinks, carved lapis gold cufflinks, and more.
  • Burberry Group Plc - The company offers cufflinks such as check ruthenium-plated cufflinks, check palladium plated square cufflinks, and logo engraved palladium-plated cufflinks.
  • Cartier SA - The company offers cufflinks such as water-resistant décor, double c de Cartier, Santos de Cartier, and more.

LifeQ Partners with AAIC Investment to Improve Health Care in Africa and Lead Health Tech Revolution

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星期一, 十一月 20, 2023
Montblanc, Motorola, Safety, Android, AAIC, Electronics, Nobuhiko, Insurance, Texas Instruments, Conditional sentence, Health, Montreux Healthcare Fund, Software, Partnership, Apple, Knowledge, Silicon, Pixart, Analog Devices, Physiology, Life, Samsung, Pharmaceutical industry, Mobile phone, Medical imaging, Qualcomm, Suunto

ATLANTA, Nov. 20, 2023 /PRNewswire/ -- LifeQ, the company that uses globally recognized watch brands to generate personalized, clinical-grade health insights, announced its partnership with AAIC Investment, a Singapore-based investment firm focusing on fast-growing companies within the healthcare sector in Africa. LifeQ co-founder Laurence (Laurie) Olivier, CEO, made the announcement.

Key Points: 
  • "LifeQ is proud to partner with AAIC Investment, who are deeply committed to improving healthcare in Africa and catalyzing value transfer between all their stakeholders," stated Mr. Olivier.
  • LifeQ's accessible, real-world healthcare solutions through wearable devices will have a significant positive impact for both consumer and clinical applications across Africa and beyond."
  • Established in 2013, AAIC Investment is the fund management arm of AAIC Holdings.
  • AAIC had already commenced connecting LifeQ with their Japanese stakeholders before their investment was finalized.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Results

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星期二, 十一月 7, 2023
Fashion, Other Retail, Cosmetics, Retail, Specialty, Lacoste, Salvatore Ferragamo S.p.A., Share repurchase, Advertising, Tobacco Advertising and Promotion Act 2002, Growth, Montblanc, Investment, Cryptocurrency, Pharmaceutical industry

“North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.

Key Points: 
  • “North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.
  • The Company’s regular quarterly cash dividend of $0.625 per share will be paid on December 31, 2023, to shareholders of record on December 15, 2023.
  • Over the course of the first nine months of 2023, the Company repurchased 85,060 shares at a cost of $11.3 million.
  • Management will host a conference call to discuss financial results and business developments beginning at 11:00 am ET on Wednesday, November 8, 2023.

WSJ. Magazine Celebrates 13th Annual Innovator Awards

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星期四, 十一月 2, 2023
Harry Winston, Inc., WSJ, Editing, Music, Billboard, Chocolate, Museum of Modern Art, Fear, Medicine, Chicago Innovation Awards, SZA, Museum, Film, Art, Montblanc, Hyundai Motor America, Film industry, Fashion design, Grammy Awards

Magazine hosted its 13th annual Innovator Awards at the Museum of Modern Art in New York City last night.

Key Points: 
  • Magazine hosted its 13th annual Innovator Awards at the Museum of Modern Art in New York City last night.
  • The intimate, star-studded gala celebrated the year’s seven trailblazing award winners in recognition of outstanding cultural achievement in their respective fields.
  • “This year’s Innovators issue is especially meaningful to me—a pivotal moment in my first year at the helm,” said WSJ.
  • Magazine’s annual Innovators issue has flourished into one of the most highly anticipated occasions of the year,” said Omblyne Pelier, publisher of WSJ.

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

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星期一, 十月 23, 2023
Fashion, Luxury, Cosmetics, Retail, Department Stores, GUESS, DKNY, Montblanc, Growth, Kate Spade, Collection, Salvatore Ferragamo S.p.A., Lanvin, Coach, Abercrombie, Fashion design, Love

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.

Wallets Market size to grow by USD 11.12 billion from 2022 to 2027, The market is fragmented due to the presence of prominent companies like Hidesign, Bellroy Pty Ltd. and Buffalo Jackson Trading Co., and many more - Technavio

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星期五, 十月 13, 2023
Tory Burch LLC, RFID, Nat, USD, FREE, City, Growth, Travel, MC2, Classic, Fossil Group, Montblanc, Burberry, Cryptocurrency, Music, Speciality chemicals, Hidesign

The wallet market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The wallet market is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer wallets market are BAGGIT, Bellroy Pty Ltd., Buffalo Jackson Trading Co., Burberry Group Plc, Calleen Cordero Designs Inc., Da Milano Leathers Pvt.
  • Hidesign - The company offers wallets such as the MC2 Fleming wallet, MC2 Fleming long wallet, City 3CC card holder, and Pilo pouch.
  • The polypropylene fiber market size is estimated to grow at a CAGR of 5.63% between 2022 and 2027.