The Interparfums group introduced on Thursday, January 22, a 2.1% improve in gross sales to EUR 899 million in 2025 (about USD 1,055 at present alternate charges) and forecasts an working margin “between 19% and 19.5%”, regardless of difficulties within the US market.
US tariffs
“Despite extra cots linked to the introduction of tariffs in america, and a really unfavorable euro/greenback alternate charge, the flexibleness of our enterprise mannequin ought to however allow us to realize an working margin that’s nonetheless excessive within the 2025 fiscal yr, of between 19% and 19.5%,” mentioned Government Vice President Philippe Santi, in a press launch.
Nevertheless, gross sales in North America rose 5% to EUR 437 million, with market share positive factors pushed by Coach and Jimmy Choo fragrances.
Gross sales down in Asia
With gross sales up 5%, South America is having fun with “a superb yr,” underpinned by expanded Lacoste perfume distribution and additional positive factors for Coach.
Gross sales rose 27% in China and 10% in Japan. Nevertheless, income in Asia declined 8% to EUR 115 million on account of non permanent distribution disruptions in two main markets, South Korea and India, that had sporadic impacts on the area’s total efficiency, Interparfums mentioned.
After surging 25% in 2024, gross sales in Western Europe (excluding France) are anticipated to develop an additional 5% in 2025, with notably sturdy momentum within the UK and Spain. In France, gross sales rose 4% to EUR 57.9 million regardless of a market decline in each quantity and worth.
New launches in 2026
The group’s main model, Jimmy Choo fragrances, recorded 2% progress to EUR 227.9 million, pushed by the ladies’s franchise Jimmy Choo I Need Choo.
Coach fragrances, whose licensing settlement has been prolonged for 5 years till 2031, have now reached EUR 200 million in gross sales, representing an almost 10% improve. Montblanc fragrances declined by 5% to EUR 193.2 million, whereas Lacoste fragrances, of their second yr of operation, climbed 21% to EUR 95 million.
Interparfums introduced that 2026 will likely be devoted to the event of “preliminary tasks” for manufacturers signed or acquired final yr — Annick Goutal, Off-White, and Longchamp — and to the preparation of “new franchises” for “historic manufacturers,” with launches scheduled in 2027 and 2028.
“In view of the various financial, geopolitical, and financial uncertainties, the shortage of present leads us to be extremely cautious about 2026,” CEO Philippe Benacin emphasised within the press launch.
In November, Interparfums revised its forecasts for the yr downwards and refused to touch upon the 2026 outlook given the uncertainties within the world financial system.





