PARIS — Inter Parfums SA reported 2010 sales rose 17.9 percent to 305.7 million euros, or $405.9 million. At constant exchange, they increased 18.3 percent.The Paris-based subsidiary of Inter Parfums Inc. said Burberry brand revenues grew 11 percent on-year to 184.8 million euros, or $245.4 million. The Lanvin business clocked a 31 percent gain to 53 million euros, or $70.4 million, while Van Cleef & Arpels' sales were 25.9 million, or $34.4 million, up 29 percent.Dollar figures are converted from euros at average exchange rates for the period.Due to the launch of a new Burberry women's fragrance line later this year, “the integration of existing fragrance lines under the Boucheron brand in the second half, the already enthusiastic response to Jimmy Choo fragrances and finally, a good performance by Montblanc fragrances in the 2010 second half, the company has raised its guidance for 2011 sales to approximately 350 million euros, [or $478.4 million at current exchange], or growth of more than 15 percent over 2010,” stated Philippe Benacin, Inter Parfums SA's chairman and chief executive officer.Consolidated operating profit is expected to reach 41 million euros, or $56 million, a gain of almost 22 percent, reflecting an operating margin of 13.5 percent.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim