Inter Parfums Inc
NASDAQ:IPAR
IPAR's latest stock split occurred on Jun 2, 2008
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, IPAR traded at 25.17 per share. Afterward, the share price was about 12.377.
The adjusted shares began trading on Jun 2, 2008. This was IPAR's 5th stock split, following the previous one in Sep 17, 2001.
WTO
Inter Parfums Inc
Glance View
In the world of fragrance, Inter Parfums Inc. carves out a niche by blending artistry with commerce, operating as a hidden maestro behind many celebrated brands. It does not sell perfume under its own name; rather, it partners with prestigious fashion houses and designers to manage and market their fragrance lines. This strategic model allows Inter Parfums to leverage the brand equity of its partners, creating a symbiotic relationship where brand power meets olfactory expertise. The company deftly navigates the intricacies of the luxury scent market, from conceptualization to distribution, often starting with meticulous market research and creative collaboration, to craft scents that resonate emotionally and culturally with consumers worldwide. Revenue streams for Inter Parfums stem primarily from wholesale distribution agreements and licensing deals, where it takes on the role of both creator and handler. By signing licensing agreements with brands like Jimmy Choo, Montblanc, and Coach, among others, Inter Parfums secures long-term revenue opportunities, while also managing backstage operations like manufacturing and packaging. In this capacity, it balances operational efficiencies with the need for high craftsmanship, ensuring that each product meets the high standards expected by discerning consumers and prestigious partners alike. The company's adeptness in navigating both global markets and localized trends has led to sustained growth, positioning Inter Parfums as a pivotal player in the fragrance industry.
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