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March 29, 2015 9:27 PM ET

Specialty Retail

Company Overview of Perfumania, Inc.

Company Overview

Perfumania, Inc. engages in the retail and distribution of fragrances and related products in North America. It operates retail stores in regional malls, manufacturers' outlet malls, airports, and on a stand-alone basis in suburban strip shopping centers. The company has stores in the United States, District of Columbia, and Puerto Rico. It also sells its products through Internet. The company was incorporated in 1988 and is based in Sunrise, Florida. Perfumania, Inc. operates as a subsidiary of Perfumania Holdings, Inc.

251 International Parkway

Sunrise, FL 33325

United States

Founded in 1988

Phone:

954-335-9100

Fax:

954-335-9185

Key Executives for Perfumania, Inc.

Chief Executive Officer and President
Age: 66
Chief Financial Officer
Age: 48
Executive Vice President
Vice President of Logistics and Distribution
Age: 43
Compensation as of Fiscal Year 2014.

Perfumania, Inc. Key Developments

Perfumania, Inc. Reports Sales Results for the Fourth Quarter and Year Ended January 31, 2015

Perfumania, Inc. reported sales results for the fourth quarter and year ended January 31, 2015. For the quarter, the company reported total net sales of $96.0 million against $97.9 million last year. Comparable store sales decreased by 0.6%. Total net sales were $272.7 million in the current year compared with $279.8 million in fiscal 2013. Comparable store sales for fiscal 2014 decreased by 0.8%.

Perfumania, Inc. Reports Sales Results for the Five Weeks and Year to Date Ended April 6, 2013

Perfumania, Inc. reported sales results for the five week and year to date ended April 6, 2013. For the period, the company reported total retail sales of $22.688 million versus $20.144 million fiscal month of March 2013. Comparable store sales were increased by 10.0% compared to comparable store sales increased by 0.2% in March 2013. For the year-to-date, total retail sales of $41.418 million versus $40.375 million for the fiscal month of March 2013. Comparable store sales were decreased by 0.4% compared to comparable store sales increased by 3.2% in March 2013.

Perfumania, Inc. Appoints Donald J. Loftus as Executive Vice President

Perfumania Holdings Inc. announced the appointment of Donald J. Loftus as President of Parlux Ltd. and Executive Vice President of Perfumania Inc., effective immediately. Most recently, Loftus was the North American President and CEO of P&G Prestige, a position he held for over ten years. In his newly created position, Loftus will leverage his extensive retail, marketing, and management background to spearhead future strategies for Perfumania's retail division of over 350 doors. He will also oversee Parlux's collection of fine fragrances.

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