Interparfums reported a decrease in revenue for the third quarter of 2025, but maintains its annual target of 900 million euros, according to the group.
According to the press release, Interparfums recorded a revenue of 261.7 million euros at constant exchange rates for the third quarter of 2025, an increase of 1.6% compared to the same period in 2024. However, the persistent weakness of the dollar led to a 1.6% decrease in revenue at current exchange rates, which stands at 253.5 million euros. Over the first nine months of the year, revenue reached 710 million euros at constant exchange rates, up by 4.4%, and 700 million euros at current exchange rates, an increase of 3.0% compared to 2024.
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Interparfums highlights the growth of Jimmy Choo fragrances by over 6% since the beginning of the year, bolstered by the success of the female franchise I Want Choo. Coach fragrances show a 14% increase, while Lacoste fragrances register a 24% rise over nine months. Conversely, Montblanc fragrance sales decreased by 9.5%. Geographically, North America experiences the strongest growth at constant exchange rates (+16%), followed by South America (+18% in the third quarter). In Asia, despite a strong rise in China and Japan, the region records a 10% decline due to disruptions in Korea and India.
Outlook Amidst Geopolitical and Economic Challenges
Interparfums continues to navigate a complex geopolitical and economic environment, but remains confident in its outlook for 2025. The group anticipates achieving an annual revenue of around 900 million euros. The North American market, in particular, shows positive dynamics with market share gains in the United States. However, Eastern Europe and the Middle East are affected by the geopolitical situation, although Western Europe and France are showing signs of recovery.
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
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
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.
