Interparfums reports 2025 sales growth, including North America
Interparfums Reports 2025 Sales Growth Despite US Market Pressures
Interparfums Group reported a modest yet resilient performance for 2025, announcing a 2.1% rise in annual revenue to €899 million (approximately $1.05 billion at current exchange rates). Despite economic pressures, particularly in the United States, the fragrance company expects to maintain a strong operating margin ranging between 19% and 19.5%.
According to Executive Vice President Philippe Santi, additional costs stemming from newly introduced US tariffs and an unfavorable euro-to-dollar exchange rate have weighed on results. However, he noted that the group’s adaptable business model should help preserve profitability throughout the fiscal year.
North America and South America Show Growth
Sales in North America increased by 5% to €437 million, supported by market share gains from Coach and Jimmy Choo fragrances. South America also delivered positive momentum, posting 5% growth as expanded distribution of Lacoste fragrances and continued demand for Coach contributed to what the group described as a “strong year” for the region.
Mixed Performance Across Asia and Europe
In Asia, results were more uneven. While sales surged 27% in China and climbed 10% in Japan, overall regional revenue declined 8% to €115 million. Interparfums attributed the drop to temporary distribution issues in South Korea and India, which disrupted performance across the region.
Western Europe (excluding France) is expected to grow by around 5% in 2025, following a sharp 25% increase in 2024. The UK and Spain remain key drivers of this momentum. In France, sales rose 4% to €57.9 million, outperforming a domestic market that declined in both volume and value.
Brand Highlights and Portfolio Shifts
Jimmy Choo fragrances, Interparfums’ largest brand, recorded a 2% increase in sales to €227.9 million, driven mainly by the ongoing success of the I Want Choo women’s line. Coach fragrances reached the €200 million mark, reflecting nearly 10% growth, following the extension of the brand’s licensing agreement through 2031.
Montblanc fragrances saw a 5% decline to €193.2 million, while Lacoste fragrances continued to gain traction in their second year, rising 21% to €95 million in sales.
Looking Ahead: Cautious Outlook for 2026
Interparfums confirmed that 2026 will focus on early-stage development for brands acquired or signed in 2025, including Annick Goutal, Off-White, and Longchamp. The group is also preparing new fragrance franchises for its established brands, with launches planned for 2027 and 2028.
CEO Philippe Benacin emphasized a cautious stance for the coming year, citing ongoing economic, geopolitical, and currency-related uncertainties. The company had already revised its 2025 guidance downward in November and declined to provide a formal outlook for 2026 due to limited visibility into global market conditions.
