Interparfums Q2 Sales Rise 6% Europe, Decline 20% US

Interparfums reported mixed second quarter 2025 results with a slight overall sales decline driven primarily by a 20% drop in U.S. sales, largely due to the discontinuation of the Dunhill license and supply chain disruptions affecting other brands like Guess and Donna Karan. Meanwhile, European operations grew 6%, buoyed by strong performances from Coach and Lacoste fragrances, including successful new launches such as Coach for Men Eau de Parfum and Coach Women Gold. Lacoste’s sales surged 59%, positioning it to exceed $100 million annually, while Jimmy Choo sales declined compared to a strong prior year quarter but remain up year-to-date. The company views the current macroeconomic headwinds and regional challenges as transitory and expects stronger results in the second half of 2025, supported by new product launches and pricing strategies. Interparfums’ leadership expressed confidence in the resilience of its brand portfolio and the strength of the prestige fragrance market, particularly in the U.S., despite ongoing trade policy uncertainties. The company revised its 2025 sales target toward the lower end of its initial estimate due to Euro appreciation against the U.S. dollar but remains optimistic about future growth.