New products boost Parlux sales
Parlux Fragrances has announced that un-audited net sales for the quarter ended 30 September increased by 8% to $56.5m from $52.4m in the same period of 2008. In addition, net sales results for the six months ended 30 September were estimated to have climbed 6% to $80.1m, indicating that the company’s continued efforts to control expenses have been successful.
Parlux Fragrances has announced that un-audited net sales for the quarter ended 30 September increased by 8% to $56.5m from $52.4m in the same period of 2008. In addition, net sales results for the six months ended 30 September were estimated to have climbed 6% to $80.1m, indicating that the company’s continued efforts to control expenses have been successful.
According to chairman and ceo Neil J Katz, Parlux’s solid results are also due to the company’s introduction of new brands. During the current quarter, Parlux launched products under three new licences: Queen by Queen Latifah, Natori and, most recently, Ecko by Marc Ecko. New fragracnces were also launched under existing licences with Paris Hilton (Siren) and Jessica Simpson (Fancy Love).