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Perfumania Holdings, Inc. Reports Perfumania Retail Sales for October 2012

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BELLPORT, N.Y., Nov. 1, 2012 (GLOBE NEWSWIRE) -- Perfumania Holdings, Inc. (Nasdaq: PERF) announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States and Puerto Rico, reported total net sales of $18.1 million for the four week fiscal month of October 2012, which ended October 27, 2012, versus $17.7 million for the four week fiscal month of October 2011, which ended October 29, 2011. For the third quarter of 2012, total net sales were $59.3 million versus $59.5 million last year. On a year-to-date basis, total net sales were $180.7 million in the current year compared with $180.2 million last year. For the month of October 2012, comparable store sales increased by 0.8%. For the third quarter ending October 2012, comparable store sales decreased by 2.0%. Comparable store sales on a year-to-date basis decreased by 0.4%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.

PERFUMANIA OCTOBER, THIRD QUARTER AND YEAR-TO-DATE 2012 RETAIL SALES ($'s in $000's):
             
   FY
2012
   FY
2011
   FY
2010
 
    Increase
(Decrease)
  (Decrease)
Increase 
  Increase
             
Number of Stores, October 347 0.9% 344 (6.5%) 368  
             
October Total Retail Sales $18,085 2.4% $17,663 4.5% $16,902  
             
Third Quarter Total Retail Sales $59,317 (0.3%) $59,481 5.6% $56,351  
             
Year-to-date October Total Retail Sales $180,679 0.3% $180,156 9.3% $164,778  
October Comparable Store Sales   0.8%   5.9%   5.1%
             
Third Quarter Comparable Store Sales   (2.0%)   8.4%   1.6%
             
Year-to-date October Comparable Store Sales   (0.4%)   12.4%   2.6%
CONTACT: Michael W. Katz President and Chief Executive Officer Perfumania Holdings, Inc. 631-866-4156

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