sur INTER PARFUMS (EPA:ITP)
Inter Parfums Reports 5.8% Increase in H1 2025 Sales
Inter Parfums announced a 5.8% increase in sales for the first half of 2025, reaching €447 million. This growth was achieved despite geopolitical challenges affecting consumer behavior globally. The company reported strong sales in the United States, with a 9% increase from April to June. However, the Asian market faced difficulties due to distribution challenges.
Brand-wise, Coach fragrances saw a significant 24% rise, driven by new launches. Jimmy Choo maintained growth, while Lacoste experienced a 42% surge. Montblanc faced a 10% decline due to underperforming lines. The company also highlighted a new fragrance license agreement with Longchamp, set to begin in 2027.
Inter Parfums is addressing potential impacts from U.S. import tariffs, which may rise to 30% in August 2025. CEO Philippe Benacin remains optimistic about achieving the annual sales target of €910 million.
R. H.
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