IN THE MONEY: Marionnaud Parfumeries announced 2002 sales of $1.2 billion, up 31.35 percent over 2001. Dollar figures have been converted from the euro at current exchange rates. The sales figure includes volume from all stores acquired through 2002....
IN THE MONEY: Marionnaud Parfumeries announced 2002 sales of $1.2 billion, up 31.35 percent over 2001. Dollar figures have been converted from the euro at current exchange rates. The sales figure includes volume from all stores acquired through 2002. On a constant basis, Marionnaud’s sales would have risen by 9.93 percent. And excluding value-added tax, sales would have been $1.03 billion. In the fourth quarter of 2002, the 1,172 door Paris-based chain generated volume of $445 million, up 28.35 percent. On a constant basis, sales in the period rose 10.1 percent. The company said in a statement that it plans to continue growing through acquisition in 2003, particularly in southern Europe.
INTER PARFUMS NUMBERS: Inter Parfums SA reported 2002 sales of $98.7 million, up 5.5 percent over 2001. At constant conditions, volume would have increased by 6.6 percent. In the fourth quarter of 2002, the group’s sales grew by 17 percent to reach $25.9 million. Inter Parfums’ prestige fragrances division, which includes such names as Paul Smith and Burberry, rang up sales of $96.2 million, up 8 percent. Launches this year are to include products from Céline, Christian Lacroix and Burberry.
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