JEAN PHILIPPE DOUBLE-DIGIT SALES GROWTH AIDED BY CUTEX
This article was originally published in The Rose Sheet
Executive Summary
JEAN PHILIPPE DOUBLE-DIGIT SALES GROWTH AIDED BY CUTEX lip color and nail polish products, which the company began shipping in mid-August. The addition of Cutex helped Jean Philippe Fragrances post a 24.1% third quarter sales gain to $22.1 mil.; sales for the nine-month period increased 19.6% to $52.1 mil. The licensing agreement with Chesebrough-Pond;s to manufacture and market certain products in the Cutex line in the U.S. and Puerto Rico represents a segment that previously had combined annual sales of more than $20 mil. in 1993 ("The Rose Sheet" June 6, In Brief).