Interparfums Anticipates a Transition Year in 2026 Before an Expected Rebound in 2027
Interparfums expects to achieve approximately 890 million euros in revenue in 2025 at current rates (900 million euros at constant rates), in a global perfumery market that has modestly progressed this year. Key brands Jimmy Choo and Coach continue their steady growth, while Lacoste shows an increase of over 20% and Montblanc is preparing a new franchise for 2027.
Strategic Brand Acquisitions and Licensing in 2025
The year 2025 was also marked by a targeted strengthening of the portfolio with the acquisitions of Off-White and Annick Goutal, as well as the signing of a license with Maison Longchamp, laying the groundwork for more sustained growth starting in 2027.
Focus on 2026: Preparing for Future Launches
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For 2026, the group is focusing on preparing for future launches: range extensions for all existing brands, initial preparations for the Off-White and Longchamp releases expected in 2027, and international expansion of Solférino Paris with the opening of about 50 new sales points in the first half of the year.
Anticipated Challenges in 2026
However, Interparfums anticipates several headwinds: negative impact of the economic and geopolitical environment, an estimated euro-dollar exchange rate effect of –20 million euros, and an unfavorable comparison base due to the end of the Boucheron contract on December 31, 2025. In this context, the company is not publishing sales forecasts for 2026, although its business model is expected to maintain 'relatively high' profitability.
We had a very good year in 2025 after all, in line with our initial budget forecasts, thanks in particular to the commitment and work of all of our teams.
2025 résultats positifs avec une croissance portée par plusieurs marques; incertitudes économiques et géopolitiques limitant la visibilité pour 2026; avenir prometteur avec des lancements et acquisitions prévus.
Risks mentioned
incertitudes économiques, géopolitiques et monétaires
visibilité faible pour 2026
impact éventuel du change euro/dollar
disruptions dans certains marchés (Corée et Inde)
Opportunities identified
Lancements prévus en 2026 (~15 extensions de lignes)
Nouvelles franchises et acquisitions (Annick Goutal, Off-White, Longchamp)
Amélioration potentielle des résultats à partir de 2027
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Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
