Vmbook Online ordering

Inter Parfums Inc

Inter Parfums, Inc. is a publicly traded company that is listed on the NASDAQ stock exchange under the ticker symbol "IPAR". The company is based in New York, NY and is a leading fragrance designer, manufacturer and distributor under several exclusive perfume brands. Some of the well-known brands in its portfolio include Anna Sui, Jimmy Choo, Karl Lagerfeld, Montblanc, Rochas, and Van Cleef & Arpels among others.

Inter Parfums was founded in 1982 and has since grown to become a major player in the fragrance industry. The company operates through two business segments: Fragrances and Cosmetics. The Fragrances segment includes the development, manufacturing, and distribution of perfumes and fragrances for men and women. The Cosmetics segment includes the development, manufacturing, and distribution of cosmetics, skincare, and hair care products.

As of 2021, Inter Parfums has a market capitalization of approximately $2.6 billion and reported net sales of $725.4 million for the fiscal year 2020. The company's financials have shown consistent growth over the years with a strong track record of profitability and cash flow generation.

Inter Parfums' success can be attributed to its strategic partnerships with luxury fashion brands, its focus on innovation and creativity in fragrance development, and its strong distribution network. With a global presence in over 120 countries, the company is well-positioned to continue its growth and expansion in the fragrance and cosmetics industry.