Parlux posts a loss

16/04/2007

manufacturer of fragrances, watches, handbags and small leather accessories Parlux Fragrances, Inc. has reported a 15% increase in net sales for the three months ended December 31. Net sales from continuing operations improved to $43,416,309 from $37,808,090 in the same period of the prior year. However, the company posted a net loss of $5,463,157 compared with income of $1,524,009 in the same period a year earlier.

For the nine-month period, net sales from continuing operations were $98,785,112 compared with $72,374,428, an increase of 36%. Net loss from continuing operations was $22,233,088 compared with a loss of $852,331 in the same period of the prior year.

Parlux holds licences for Paris Hilton fragrances, watches, cosmetics, sunglasses, handbags and other small leather.

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Parlux posts a loss