24/07/2025 06:45
2025 first half sales: €447m (+5.8%)
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INFORMATION REGLEMENTEE

2025 first half sales €447m (+5.8%)
Although numerous instances of geopolitical turmoil in 2025 first half activity by region Upcoming event
the spring intensified consumers’ wait-and-see attitude in €m Q2 H1 Change
many markets, business remained strong between April and Publication of 2025
June, especially in the United States, with sales up 9% over 2024 2025 2024 2025 25/24 second-quarter results
the three-month period. Consolidated sales in Q2 2025 Africa 1.6 1.6 2.9 3.2 +11% September 9, 2025
(before the opening
reached €211 million, up 0.7% at current exchange rates Asia 33.1 26.5 70.0 62.6 -11% of the Paris stock market)
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% Investor Relations
and Analysts Contacts
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% Philippe Santi
exchange rates and 6.1% at constant exchange rates South America 16.2 23.1 42.5 45.1 +6% Executive Vice President
compared to the first half of 2024. psanti@interparfums.fr
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% Nicolas Picaud
€m Q2 H1 Change
Investor Relations Director
Despite what promises to be a more difficult second npicaud@interparfums.fr
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 Press contact
Jimmy Choo 56.3 41.6 101.0 104.2 +3% States where the company saw a near 20% increase in
sales during the period; Cyril Levy-Pey
Montblanc 49.2 46.1 103.0 92.3 -10%
While the concentration (Australia) and reduction Communication Director
Lacoste 18.1 27.2 36.8 52.2 +42% clevypey@interparfums.fr
(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
Sales 209.9 211.4 422.6 446.9 +5.8% the relaunch of Lacoste fragrances and the solid
ns : not significant
performance of Lanvin and Karl Lagerfeld fragrances;
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 ISIN : FR0004024222-ITP
10 rue de Solférino in French and English Reuters : IPAR.PA
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