Interparfums saw its sales increase by 5.8% in the first half of the year to EUR 446.9 million (USD 525 million), with business remaining ‘solid’ in the United States, but the group could raise its prices again on the American market in the event of an increase in customs duties, the company said on Thursday 24 July.
“The US administration’s announcement in April of import tariffs, at a rate of 20% then reduced to 10%, prompted the company to take various measures to limit the impact on the group’s profitability,” said Interparfums. At the time, the group announced a 6% to 7% price increase in the U.S. market.
“The recent proposal to increase this rate to 30% as of August 1, 2025, if it goes into effect, could lead the company to take additional measures in the fall,” Interparfums added.
“Although numerous instances of geopolitical turmoil in the spring intensified consumers’ wait-and-see attitude in many markets, business remained strong between April and June, especially in the United States, with sales up 9% over the three-month period,” highlighted the company.
Over the half-year, sales in the United States jumped 20%, pushing North American revenue to UR 164 million (+15%).
“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 EUR 910 million,” emphasized Chairman and CEO Philippe Bénacin, quoted in the press release.
Spurred by the launch of the Coach For Men Eau de Parfum and Coach Women Gold lines in Q1 and Q2 respectively, and the robust performance of the main catalog lines, Coach fragrances topped EUR 100 million in the first half of 2025, posting growth of 24% over the period;
Jimmy Choo’s revenue grew 3% to EUR 104 million, while Montblanc’s sales fell 10% to EUR 92 million.
In their second year of operation, Lacoste fragrances achieved sales of EUR 52 million, up 42%, “in line with the brand’s (…) annual target of EUR 100 million in 2025,” according to the press release.
It should also be noted that Interparfums and Maison Longchamp announced on Tuesday a fragrance licensing agreement until 31 December 2036, with a first launch planned for 2027.
