Interparfums : Slow improvement, but management forecasts still cautious and visibility still limited
>Better, but the return to normal is still some way off - We note three main points:1/ Visibility: management indicted, with a degree of optimism, a return of orders and the gradual reopening of retailers. July and August were described as “satisfactory†notably in France (10% of sales), and the US (30% of sales) and management even declared its astonishment that a number of distributors and countries have bounced back (“astonishing influx of new ordersâ€). On 8 S...Interparfums SA. Interparfums SA, also known as Interparfums, is a French-based company engaged in the design, manufacturing and marketing of fragrances. The Company designs, produces and distributes perfumes and cosmetics under such brands as Burberry, Boucheron, Burberry Beauty, Jimmy Choo, Lanvin, Montblanc, Nickel, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels, Karl Lagerfeld, among others. The Company is present in Switzerland, Germany, Spain, Italy, the United Kingdom, Singapore, the United States, among others. The Company operates through the subsidiaries, including Interparfums Suisse Sarl, Interparfums Deutschland GmbH, Interparfums Srl, Interparfums Ltd, Interparfums Luxury Brands and Interparfums Singapore. As of December 31, 2013 the Company's shareholder was InterParfums Holding with 73,1% stake in the Company.
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