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Inter Parfums expects net sales of USD440, in 2010

Posted on: Tue, 24 Nov 2009 04:46:00 EST

Symbols: IPAR

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Also, net income attributable to Inter Parfums was projected as
approximately USD23.5m or USD0.78 per diluted share.

The company said that its 2010 guidance is based in a somewhat improved
economic climate, and does not include any non-recurring foreign
currency hedge gains. The guidance is reportedly based primarily on the
strength of the company's brands and of its new product launch schedule.

The company also said that it is investing to further grow its largest
brand, Burberry, in 2010, through the launch of a cosmetics line for
women in about 30 to 40 shops around the world.

The launch of this cosmetics line will require a significant investment
in the first year to develop the product, build cosmetic counters, hire
and train personnel, and is expected to affect 2010 net income
attributable to Inter Parfums by approximately USD1.5m or approximately
USD0.05 per diluted share.

Inter Parfums is a developer, manufacturer and distributor of prestige
perfumes and cosmetics.

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For full details on Inter Parfums Inc (IPAR) IPAR. Inter Parfums Inc (IPAR) has Short Term PowerRatings at TradingMarkets. Details on Inter Parfums Inc (IPAR) Short Term PowerRatings is available at This Link.

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