<SEC-DOCUMENT>0001144204-12-032735.txt : 20120713
<SEC-HEADER>0001144204-12-032735.hdr.sgml : 20120713
<ACCEPTANCE-DATETIME>20120531160228
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ACCESSION NUMBER:		0001144204-12-032735
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20120531

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTER PARFUMS INC
		CENTRAL INDEX KEY:			0000822663
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				133275609
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		551 FIFTH AVE
		STREET 2:		STE 1500
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10176
		BUSINESS PHONE:		2129832640

	MAIL ADDRESS:	
		STREET 1:		551 FIFTH AVENUE
		STREET 2:		STE 1500
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10176

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JEAN PHILIPPE FRAGRANCES INC
		DATE OF NAME CHANGE:	19920703
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Inter Parfums, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">551 Fifth Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">New York, NY 10176</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">May 31, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Washington, D.C. 20549-7010</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Att.: Ms. Celia Blye, Chief</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Office of Global Security Risk</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">Re:</TD><TD>Inter Parfums, Inc.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"></TD><TD>Form 10-K for the fiscal year ended December 31, 2011</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"></TD><TD>Filed March 12, 2012</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"></TD><TD><U>File No. 0-16469</U></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter is written in response to the
letter dated May 18, 2012 of Ms. Celia Blye, Chief, Office of Global Security Risk, addressed to Mr. Jean Madar, the Chief Executive
Officer of Inter Parfums, Inc. We have reproduced the comments from such letter, and our responses follow each of such comments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Background</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">When we refer to Inter Parfums, Inc. or
the &ldquo;Company,&rdquo; we refer to the United States parent corporation organized under the laws of the State of Delaware in
May 1985, which has its common stock listed on The Nasdaq Global Select Market under the trading symbol &ldquo;IPAR&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">When we refer to Interparfums SA (formerly
Inter Parfums, S.A.), we refer to the Company&rsquo;s indirect, majority-owned French subsidiary. Approximately 26% of the common
shares of Interparfums SA are traded on the Euronext Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company operates in the fragrance business
and manufactures, markets and distributes a wide array of fragrances and fragrance related products, and its business is managed
in two segments, European based operations through Interparfums SA and its subsidiaries (&ldquo;European Operations&rdquo;), and
United States based operations through wholly-owned United States subsidiaries (collectively &ldquo;United States Operations&rdquo;).
Prestige fragrance products are produced and marketed by European Operations through Interparfums SA primarily under license agreements
with brand owners, such as Burberry, Jimmy Choo, Van Cleef &amp; Arpels, Montblanc, Paul Smith, Boucheron, S.T. Dupont, Balmain
and Repetto, whose products are distributed in over 120 countries around the world, or brands owned by Interparfums SA such as
Lanvin and Nickel. Prestige fragrance products are distributed by European Operations in over 120 countries around the world and
represented approximately 90% of net sales for 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">United States Operations market specialty
retail and mass-market fragrance and fragrance related products, which represented 10% of net sales for 2011. These fragrance products
are sold under trademarks owned by us or pursuant to license or other agreements with the owners of brands which include the <I>Gap</I>,
<I>Banana Republic, Anna Sui, Brooks Brothers, bebe, Betsey Johnson, Nine West, Lane Bryant and Jordache</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Comment from letter dated May 18, 2012 of Ms. Celia Blye,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Chief, Office of Global Security Risk:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in"><I>General</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 1in">1.&#9;&#9;You represented to us in your letter dated
October 10, 2008 that you intended to cease the sale of all products to your distributor in Iran by December 31, 2008 and not to
sell products to any other potential Iranian customers for as long as Iran is identified by the State Department as a state sponsor
of terrorism. We are aware of publicly available information that your Lanvin fragrances were available in the Iranian retail market
in at least 2009 and 2010. In addition, we note that in Exhibit 10.148 to your Form l0-Q for the quarterly period ended June 30,
2011, filed August 9, 2011, pursuant to a license agreement executed in 2011, Anna Sui Corp. granted you the right to use certain
licensed marks for Iran and Syria transferred or licensed from Procter &amp; Gamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 1in">Iran and Syria are designated by the State Department
as state sponsors of terrorism, and are subject to U.S. economic sanctions and export controls. Your Form 10-K does not include
disclosure pertaining to business with Iran and Syria. Please describe to us the nature and extent of your past, current, and anticipated
contacts with Iran and Syria, if any, whether through subsidiaries, distributors, or other direct or indirect arrangements, since
your referenced letter. Your response should describe any products or materials you have provided directly or indirectly into Iran
and Syria, and any agreements, arrangements, or other contacts you have had, directly or indirectly, with the governments of those
countries and entities those governments own or control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Company response</B>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">United States Operations does not sell any
products or provide any services to Iran, directly or indirectly through one or more intermediaries. Further, neither United States
Operations nor European Operations export any United States products to Iran, directly or indirectly through one or more intermediaries.
Further still, neither United States Operations nor European Operations have any arrangement, agreement, understanding or contact
with the Iranian government, or to the best of our knowledge, any entities controlled by the Iranian government. Accordingly, the
Company believes it is acting in good faith and not violating any United States regulations imposing economic sanctions or export
controls relating to Iran.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We confirm to you that Interparfums SA ceased
selling and distributing prestige fragrances to its former distributor in Iran, Farkish Co. (&ldquo;Farkish&rdquo;) by December
31, 2008. Farkish was at no time an affiliate of the Company. Since such time, Interparfums SA has not sold any products into Iran,
or sold products to a third party outside of Iran with the intent of redistributing or re-exporting them into Iran.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">It should be noted that Interparfums SA
has distribution agreements and relationships with several distributors in other Middle Eastern countries, none of which have any
right to export any products of Interparfums SA into Iran. That being said, gray market goods, <I>i.e.,</I> officially authorized
or licensed products exported or diverted by third party distributors, wholesalers or jobbers into non-authorized jurisdictions
is and has been quite common in the fragrance and cosmetic industry. Interparfums SA has no actual knowledge of such third parties
selling products into Iran, but surmises it is a gray goods issue. Once Interparfums SA sells to either (i) authorized distributors,
which in turn sell only to authorized retailers, or (ii) authorized retailers directly, Interparfums SA has little or no control
over subsequent sales or transfers of such products, which are already in the stream of commerce to an estimated 25,000 points
of sale for prestige fragrances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In addition, the staff comment above relates
to Lanvin fragrances found publicly available in Iran in 2009 and 2010. As Interparfums SA ceased selling Farkish by December 31,
2008, then it is quite possible that Farkish did not complete the resale of its inventory at such times. However, as Interparfums
SA has no further dealings with Farkish, Interparfums SA has no information to confirm this supposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">With respect to Syria, we advise you that
neither United States Operations nor European Operations have any arrangement, agreement, understanding or contact with the Syrian
government, or to the best of our knowledge, any entities controlled by the Syrian government.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">During the years ended December 31, 2010
and 2011, Interparfums SA did make insignificant amounts of sales of prestige fragrances into Syria, $143,716 and $9,604, respectively.
In addition, for the 4 month period ended April 30, 2012, sales by Interparfums SA into Syria were $14,236. Sales were made to
a distributor, a subsidiary of the Chalhoub Group, a well-known distributor of luxury goods in the Middle East. No sales were made
by Interparfums SA into Syria in 2009. The Company reported consolidated net sales of $460.4 million and $615.2 million for the
years ended December 31, 2010 and 2011, respectively. As the amount of sales into Syria were so insignificant when compared to
the Company&rsquo;s net sales, approximately 0.03% in 2010 and less than 0.0016% in 2011, no disclosure relating to such sales
was made in the Company&rsquo;s 2010 or 2011 Annual Report on Form 10-K. However, Interparfums SA intends to cease selling products
into Syria by May 31, 2012, and will no longer sell products into Syria for as long as Syria is identified by the State Department
as state sponsors of terrorism or until applicable United States regulations permit such sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><I>Anna Sui</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Neither our United States Operations nor
our European Operations has sold any Anna Sui products into Iran or Syria, directly or indirectly through any third parties, whether
affiliated or not. Further, our United States Operations and our European Operations will not sell any Anna Sui products into Iran
or Syria, directly or indirectly through any third parties, for as long as Iran and Syria are identified by the State Department
as state sponsors of terrorism or until applicable United States regulations permit such sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with the license agreement
for Anna Sui brand fragrances entered into in 2011 and effective January 2012, the Company acquired the exclusive world-wide rights
to exploit the Anna Sui brand for fragrances. Although the Company acquired the license to use all Anna Sui trademarks for fragrances
in Iran and Syria, the Company acquired them as part of the license for all Anna Sui trademarks for fragrances throughout the entire
world. The Company has no intention of selling any Anna Sui products into Iran or Syria, directly or indirectly through any third
parties, for as long as Iran and Syria are identified by the State Department as state sponsors of terrorism or until applicable
United States regulations permit such sales. The Company&rsquo;s exclusive license for all Anna Sui trademarks in the fragrance
category, including those in Iran and Syria, prevents any pretext of any third party fragrance licensee competing with the Company,
but it does not require sales of Anna Sui fragrances into Iran or Syria by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As requested, we acknowledge the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9679;&#9;The Company is responsible for the adequacy and accuracy
of the disclosure in its filings;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9679;&#9;The staff comments or changes to disclosure in response
to staff comments do not foreclose the Commission from taking any action with respect to the filings; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#9679;&#9;The Company may not assert staff comments as a defense
in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">I trust that this adequately addresses your
questions. However, if further information is required, please feel free to contact the undersigned.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 46%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">/s/ Russell Greenberg</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Russell Greenberg,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Executive Vice President</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">and Chief financial Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



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