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.
This story first appeared in the January 17, 2003 issue of WWD. Subscribe Today.
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.
LUSH RUSH: A month after opening its first U.S. store in San Francisco last month, Lush, the U.K.-based cosmetics company, is seeking further expansion. Lush, which produces fresh, handmade cosmetics in kitchen-like workshops, is scouting locations in Manhattan, Boston and Los Angeles, where it plans to open by the end of 2003. The company has more than 150 locations in Europe, Asia and North Africa. Its San Francisco store is located at 240 Powell St., off Union Square. The company, which carries bath and skin care products, also plans to launch sun and hair care lines this year.