Investors reacted well to the results, which were above both market expectations and the company’s forecasts, resulting in share prices rising by 17 percent on the New York Stock Exchange yesterday, to close business at $2.25 yesterday. "We have strategically continued to invest in building the Parlux portfolio of brands, led by the recent launches of Queen Latifah, Josie Natori, and Marc Ecko, all of which are exceeding retailers planned sales in their respective distribution channels" said Neil Katz, Parlux chairman and CEO. Full Article at CosmeticsDesignEurope