As of the second quarter at the end of June, Inter Parfums’ gross profit margin increased by 30 basis points year-on-year to 64.3%. In the previous two weeks and the first French subsidiary of Inter Parfums to announce preliminary sales results, the sales of Interparfums in the second quarter were 111.8 million euros, a year-on-year increase of approximately 15.2%, and the fixed exchange rate increased by only 11.7%,
mainly driven by the 36% and 53% growth of Montblanc and Coach . In the second quarter, Inter Parfums’ operating profit increased by 19.7%, from $18.8 million to $22.46 million; operating profit margin rose from 12.6% to 13.5%. Inter Parfums maintains its full-year revenue forecast of US$712 million and an earnings per share forecast of US$1.88.
On August 14, Brazilian beauty giant Natura ; Co (hereinafter referred to as ‘Natura Group’) announced key financial data for the second quarter of 2019. Net sales increased by 9.8% year-on-year to 3.4 billion Brazilian reals. At constant exchange rates, net sales increased by 7.7% year-on-year. In the quarter, the three brands of Natura Group: Brazilian skin care brand Natura, British organic skin care brand The Body Shop (Body Shop) and Australian organic skin care brand Aesop (Aesop) all performed well. Driven by Mother’s Day and Valentine’s Day,
the adjusted net sales of the Natura brand in the second quarter increased by 6.7% year-on-year in the Brazilian domestic market and 5.3% year-on-year in the Latin American market; the net sales of the Aesop brand in the second quarter achieved a double-digit high Growth, a year-on-year increase of 20.7%.
The wholesale airless bottles Suppliers brand’s net sales in the second quarter increased by 7.5% year-on-year. Except for the Hong Kong market, other regions achieved solid growth, especially in the UK market. Driven by Easter, the UK market self-operated stores in the second quarter Net sales increased by 6.7% year-on-year. Natura revealed in the conference call that the The Body Shop brand has not performed well in the Hong Kong market due to the political situation in Hong Kong.
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