Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MADAR JEAN
   2. Issuer Name and Ticker or Trading Symbol
INTER PARFUMS INC [IPAR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO
(Last)
(First)
(Middle)
INTER PARFUMS, INC., 551 FIFTH AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
08/29/2008
(Street)

NEW YORK, NY US 10176		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               3,403,424 D  
Common Stock 08/29/2008   S   100 D $ 14.34 4,577,689 I By personal holding company
Common Stock 08/29/2008   S   350 D $ 14.304 4,577,339 I By personal holding company
Common Stock 08/29/2008   S   3,595 D $ 14.195 4,573,744 I By personal holding company
Common Stock 08/29/2008   S   352 D $ 14.174 4,573,392 I By personal holding company
Common Stock 08/29/2008   S   100 D $ 14.135 4,573,292 I By personal holding company
Common Stock 08/29/2008   S   100 D $ 14.105 4,573,192 I By personal holding company
Common Stock 08/29/2008   S   100 D $ 14.13 4,573,092 I By personal holding company
Common Stock 08/29/2008   S   100 D $ 14.065 4,572,992 I By personal holding company
Common Stock 08/29/2008   S   203 D $ 14.001 4,572,789 I By personal holding company
Common Stock 08/29/2008   S   2,500 D $ 14.2 4,570,289 I By personal holding company
Common Stock 09/02/2008   S   650 D $ 14.05 4,569,639 I By personal holding company
Common Stock 09/02/2008   S   50 D $ 14.03 4,569,589 I By personal holding company
Common Stock 09/02/2008   S   50 D $ 14.01 4,569,539 I By personal holding company

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option-right to buy $ 15.367             12/31/2003 12/30/2008 Common Stock 75,000   75,000 D  
Option-right to buy $ 10.26             12/10/2004 12/09/2009 Common Stock 75,000   75,000 D  
Option-right to buy $ 9.967             04/20/2005 04/19/2010 Common Stock 75,000   75,000 D  
Option-right to buy $ 13.103             12/15/2007 12/14/2012 Common Stock 12,000   12,000 D  
Option-right to buy $ 13.103             12/15/2008 12/14/2012 Common Stock 12,000   12,000 D  
Option-right to buy $ 13.103             12/15/2009 12/14/2012 Common Stock 12,000   12,000 D  
Option-right to buy $ 13.103             12/15/2010 12/14/2012 Common Stock 12,000   12,000 D  
Option-right to buy $ 13.103             12/15/2011 12/14/2012 Common Stock 12,000   12,000 D  
Option-right to buy $ 12.577             12/26/2008 12/26/2013 Common Stock 5,700   5,700 D  
Option-right to buy $ 12.577             12/26/2009 12/26/2013 Common Stock 5,700   5,700 D  
Option-right to buy $ 12.577             12/26/2010 12/26/2013 Common Stock 5,700   5,700 D  
Option-right to buy $ 12.577             12/26/2011 12/26/2013 Common Stock 5,700   5,700 D  
Option-right to buy $ 12.577             12/26/2012 12/26/2013 Common Stock 5,700   5,700 D  
Option-right to buy $ 11.297             02/14/2009 02/13/2014 Common Stock 2,775   2,775 D  
Option-right to buy $ 11.297             02/14/2010 02/13/2014 Common Stock 2,775   2,775 D  
Option-right to buy $ 11.297             02/14/2011 02/13/2014 Common Stock 2,775   2,775 D  
Option-right to buy $ 11.297             02/14/2012 02/13/2014 Common Stock 2,775   2,775 D  
Option-right to buy $ 11.297             02/14/2013 02/13/2014 Common Stock 2,775   2,775 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MADAR JEAN
INTER PARFUMS, INC.
551 FIFTH AVENUE
NEW YORK, NY US 10176		   X   X   CEO  

Signatures

 Jean Madar by Joseph A. Caccamo as attorney-in-fact   09/02/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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