par INTER PARFUMS (EPA:ITP)
2025 first half sales: €447m (+5.8%)
2025 first half sales €447m (+5.8%)
Although numerous instances of geopolitical turmoil in 2025 first half activity by region the spring intensified consumers’ wait-and-see attitude in
€m Q2 H1 Change many markets, business remained strong between April and
June, especially in the United States, with sales up 9% over 2024 2025 2024 2025 25/24 the three-month period. Consolidated sales in Q2 2025 Africa 1.6 1.6 2.9 3.2 +11% reached €211 million, up 0.7% at current exchange rates Asia 33.1 26.5 70.0 62.6 -11% and 3.3% at constant exchange rates compared to the
Eastern Europe 17.1 13.9 30.7 35.3 +15% second quarter of 2024.
France 15.0 13.7 28.6 27.2 -5%
Over the first half of 2025, consolidated sales came to Middle East 14.0 14.1 28.6 24.9 -13% €447 million, in line with projections, up 5.8% at current North America 75.6 78.7 142.6 164.0 +15% exchange rates and 6.1% at constant exchange rates South America 16.2 23.1 42.5 45.1 +6% compared to the first half of 2024.
Western Europe 37.3 39.8 76.7 84.7 +11%
2025 first half activity by brand Total sales 209.9 211.4 422.6 446.9 +5.8%
€m Q2 H1 Change
Despite what promises to be a more difficult second
2024 2025 2024 2025 25/24
half, North America posted very strong performance Coach 40.1 53.7 85.9 106.3 +24% in the first half of the year, particularly in the United Jimmy Choo 56.3 41.6 101.0 104.2 +3% States where the company saw a near 20% increase in
Montblanc 49.2 46.1 103.0 92.3 -10% sales during the period;
While the concentration (Australia) and reduction
Lacoste 18.1 27.2 36.8 52.2 +42%
(South Korea) of distribution continued to weigh
Rochas 11.4 9.5 20.5 19.8 -3% on the Asian market, the overall trend remains very
Lanvin 10.9 8.0 20.9 19.5 -7% positive in China and Japan;
Other 23.9 25.3 54.5 52.6 ns With sales up 15%, Eastern Europe benefited from the relaunch of Lacoste fragrances and the solid
Sales 209.9 211.4 422.6 446.9 +5.8% performance of Lanvin and Karl Lagerfeld fragrances;
ns : not significant
In Western Europe, business remained robust thanks to
Spurred by the launch of the Coach For Men Eau de the resumption of the distribution of Lacoste fragrances Parfum and Coach Women Gold lines in Q1 and Q2 and the success of the Lacoste Original line, as well as the respectively, and the robust performance of the main launch of the Montblanc Explorer Extreme line; catalog lines, Coach fragrances topped €100 million in Lastly, the Middle East continued to suffer from the the first half of 2025, posting excellent growth of 24% effects of the conflicts in the region and a reduction over the period; in the number of doors in many markets that are now
The strength of the I Want Choo women’s franchise, concentrated in the Haute Parfumerie segment. launched in 2021 and quickly boosted by a fourth
flanker, combined with the first-quarter launch of a Longchamp license new fragrance in the Jimmy Choo Man men’s franchise, On Tuesday, Maison Longchamp and Interparfums kept Jimmy Choo fragrances on a strong trajectory announced the signing of a fragrance license agreement with a slight increase during the period; that runs until December 31, 2036, with a first launch While initial sales of the new Montblanc Explorer scheduled for 2027.
Extreme line are consistent with the continued growth of the Montblanc Explorer franchise, declining sales of Tariffs the Montblanc Legend Red and Montblanc Legend Blue The US administration’s announcement in April of import lines, released in 2022 and 2024 respectively, negatively tariffs, at a rate of 20% then reduced to 10%, prompted impacted the brand’s performance, which fell 10% in the company to take various measures to limit the the first half of 2025; impact on the group’s profitability. The recent proposal
In their second year of operation, Lacoste fragrances to increase this rate to 30% as of August 1, 2025, if it goes confirmed the positive trend begun in 2024 with sales up into effect, could lead the company to take additional 42% to €52 million during the period. This performance measures in the fall. is fully in line with the brand’s redeployment plan and the annual target of €100 million in 2025;
Rochas fragrances declined slightly, despite the successful launch of the Rochas Audace and Eau de Rochas Néroli Azur lines;
In the absence of a major launch, the strength of the Eclat d’Arpège line kept declining sales of Lanvin fragrances in check. The launch of a major new initiative is expected in late 2026 or early 2027.
Philippe Benacin, Chairman and Chief Executive Officer, said: “ Despite an increasingly complex environment, we have obviously achieved a good first half, in line with our projections. Given the appreciation of the euro against the US dollar since the spring, our 2025 sales target should return to the lower end of our initial estimate, around €910 million. ”
Paris, July 24, 2025
Interparfums This press release is available 10 rue de Solférino in French and English
75007 Paris on the company’s website Tel. +33 (0)1 53 77 00 00 interparfums-finance.fr
Upcoming event
Publication of 2025 second-quarter results September 9, 2025
(before the opening of the Paris stock market)
Investor Relations and Analysts Contacts
Philippe Santi Executive Vice President psanti@interparfums.fr
Nicolas Picaud Investor Relations Director npicaud@interparfums.fr
Press contact
Cyril Levy-Pey Communication Director clevypey@interparfums.fr
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