On April 23, 2025, Interparfums announced that its sales rose to $339 million in the first three months of the year. This represents a 5% increase from the first quarter of 2024.
According to the company’s financial report, Europe-based net sales increased by 7% and United States-based net sales decreased by approximately 1%. Organic net sales in the United States increased by 3%, but the discontinuation of the Dunhill license contributed to the decline. The company also reaffirmed its previously announced 2025 guidance of $1.51 billion in net sales.
Jean Madar, chairman and chief executive officer of Interparfums, said, “During the first quarter of 2025, our consolidated net sales rose by 5% on a reported basis and 7% on an organic basis, fueled by demand for many of our key brands and our robust innovation pipeline. Despite a challenging and uncertain global environment, we remained focused and agile, effectively leveraging the ongoing strength of the fragrance market to deliver another record first quarter performance in net sales.
“Sales by European-based operations increased 7% compared to the same period last year, led by three of our top brands: Jimmy Choo, Coach and Lacoste, which grew by 36%, 11% and 30% respectively. Jimmy Choo continued to benefit from strong performance for the I Want Choo and Jimmy Choo Man franchises. The introduction of Coach Man Extreme and health performance across the established lines spurred an increase in overall Coach sales and strong demand for Lacoste fragrances continued as the brand entered its second year under our management. While we expect Montblanc fragrance sales to increase through the balance of 2025, especially with the introduction of Montblanc Explorer Extreme later this year, brand sales declined 16% due to the high bar set in last year’s first quarter following the debut of Montblanc Legend Blue.
“Once again, we are navigating a complex landscape including new tariffs that we are addressing through supply chain adjustments. The ERP system we recently implemented, coupled with our organizational talent upgrades, enables us to navigate these unprecedented times with agility. We are also planning selective price increases on certain lines in August 2025 to offset some of these higher costs. Our diversified brand portfolio, global distribution and robust innovation pipeline have positioned us well to deliver strong performance for the balance of 2025.”
