An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Inter Parfums, Inc. to Ring Nasdaq Stock Market Closing Bell
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Inter Parfums, Inc. (NASDAQ: IPAR) celebrated its 35th anniversary of listing on the Nasdaq with a bell-ringing ceremony led by CEO Jean Madar and co-founder Philippe Benacin. The event acknowledges the company's successful history, especially a record-setting 2022. Madar expressed gratitude to the team, distributors, and licensors for their contributions. He emphasized the company’s resilience amid unpredictable challenges and highlighted ongoing strategic initiatives aimed at sustaining long-term shareholder value. The ceremony was broadcast live from New York City and included participation from board members and staff.
Positive
Record year in 2022, marking the best in the company's history.
Strategic initiatives are in place to adapt to market needs and drive long-term shareholder value.
Strong management team with notable leadership presence at the anniversary event.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Inter Parfums, Inc.(NASDAQ GS: IPAR) today announced that Chief Executive Officer and Chairman of the Board Jean Madar will be joined by co-founder, President and Chief Executive Officer of Interparfums SA, Philippe Benacin, members of the Board of Directors and staff to ring the closing bell of the NASDAQ Stock Market today, to commemorate their 35th anniversary of listing on the Nasdaq exchange, following its initial public offering in February 1988.
Mr. Madar commented, "Ringing the closing bell today reminds us of all that has been accomplished in the past 35 years, leading up to the best year in our history in 2022. My sincere gratitude to our talented and dedicated team members here in New York, and around the world who have made this day possible. I also want to acknowledge our distributors, suppliers and licensors for their support and contribution to our long-term success.
“While we know there are still unknown factors that are beyond our control, we are encouraged by our strength to overcome unpredictable headwinds, as demonstrated in the last few years. Our teams are not only prepared, but have already initiated several strategic opportunities to evolve and meet the needs of our growing business. We look forward to the continuation of driving long-term value for our shareholders in the many years to come.”
The ceremony will be broadcast live starting at approximately 3:45 p.m. Eastern Time from the Nasdaq MarketSite Tower in New York City and across major business news networks, including CNBC, Fox Business News and Bloomberg TV. A live stream of the Nasdaq Closing Bell will be available at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony under Bell Ceremony Events at the bottom of the page.
About Inter Parfums, Inc.:
Founded in 1982, Inter Parfums, Inc. develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, MCM, Moncler, Montblanc, Oscar de la Renta, S.T. Dupont, Ungaro and Van Cleef & Arpels. Inter Parfums is also the owner of Lanvin fragrances and the Rochas brand. Through its global distribution network, the Company’s products are sold in over 120 countries.
What is the significance of Inter Parfums' 35th anniversary on NASDAQ?
Inter Parfums' 35th anniversary celebrates its successful public listing since February 1988, marking significant growth and achievements over the years.
Who participated in the 35th anniversary closing bell ceremony for Inter Parfums?
CEO Jean Madar, co-founder Philippe Benacin, and members of the Board of Directors were among the participants in the ceremony.
What were the highlights mentioned by the CEO during the anniversary event for IPAR?
CEO Jean Madar highlighted the company's record-setting performance in 2022 and expressed gratitude towards the team and stakeholders.
How does Inter Parfums plan to ensure shareholder value moving forward?
The company is implementing strategic initiatives to adapt to market conditions and drive long-term value for shareholders.
When was the closing bell ceremony for Inter Parfums held?
The closing bell ceremony took place on the day of the press release, commemorating the company's 35th anniversary.
