On July 23, 2025, Interparfums published its financial report for the second quarter of 2025, as well as the first half of the year. According to the report, total Q2 sales decreased by 2% compared to the same period last year, and US sales decreased by 20%.
European sales remained strong in the second quarter, seeing a 6% increase compared to 2024. Overall, total company sales for the first half of the year were $673 million, a 1% increase from 2024.
Chairman and chief executive officer Jean Madar said, “Consolidated sales on an organic basis for the first six months grew 3%, while sales for the second quarter declined moderately as a result of a shift in order timing into the first quarter, as previously shared. While the current macroeconomic environment created headwinds in certain geographies, we view the impacts on our business as transitory as we mitigate the near-term pressures and fuel our longer-term strategy with our retail and distribution partners. We are adapting to the evolving landscape and remain confident in the strength of the market, particularly in the United States, and the resilience of our brand portfolio.”
Madar further attributed the decrease in US sales to the timing of product launches and supply chain disruptions generated by recent tariffs. Key brands GUESS and Donna Karan/DKNY fragrance sales declined by 8% and 13%, respectively, during the second quarter. He said the company plans to use strong marketing and new launches to boost sales in these areas.
The increase in European sales was attributed to the strong performances in established products for Lacoste and Coach, as well as the launches of Coach for Men eau de parfum and Coach Women Gold. Further, Lacoste remains positioned to become the company’s next $100 million brand.
“We remain agile in our operations and view this quarter as a period of momentary softness within an otherwise positive sales trajectory,” Madar concluded. “With thoughtful pricing actions set to take effect over the coming months, alongside an alluring lineup of fragrance introductions and foreign exchange tailwinds, we are well-positioned to capitalize on the strength of the prestige fragrance market and deliver stronger results in the second half of 2025.”
