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Inter Parfums (IPAR) manufactures, markets, and distributes a range of fragrances and fragrance related products worldwide.
It produces and distributes fragrance products primarily under license agreements with brand owners; and markets prestige brand, and specialty retail fragrance and fragrance related products. The company offers its prestige products consisting of prestige fragrances under the Burberry, Lanvin, Montblanc, Jimmy Choo, Van Cleef & Arpels, Boucheron, S.T. Dupont, Paul Smith, Balmain, Repetto, Alfred Dunhill, Anna Sui, and Karl Lagerfeld brands; and prestige skin care and cosmetics under the Burberry and Nickel brands.
It also designs, produces, and manufactures fragrance and fragrance related products for brand name specialty retailers comprising Brooks Brothers, bebe Stores, Nine West, Betsey Johnson, and Lane Bryant. In addition, the company owns various trademarks for fragrances and fragrance related products, including, Lanvin, Intimate, Aziza, Nickel, Tristar, Regal Collections, Royal Selections, and Apple.
Inter Parfums, Inc. distributes its products to stores, perfumeries, specialty retailers, mass-market retailers, supermarkets, and domestic and international wholesalers and distributors.
Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.
Buyer Beware: The firm reports on August 7th.
52-Week Trading Range: $16.10 - $34.96
Entry Point: $33.60
Stop Loss: $31.96
Target Price: $37.02
IPAR fell below our stop loss. The position was closed at $31.00
