Interparfums’ sales grew 7% in the fourth quarter of 2025 to US$386m, bringing growth across the year to 2% and hitting a record $1.49bn sales.
The performance of the fragrance specialist was slightly ahead of expectations, and came “while effectively navigating macroeconomic headwinds and the introduction of tariffs in the US”, said Jean Madar, Chairman and CEO of Interparfums.
Record sales reflected “a resilient set of growth engines anchored by our extensive portfolio of prestige and luxury fragrance brands and favourable foreign exchange dynamics,” explained Madar.
“We expanded our brand portfolio with successful launches of several blockbuster fragrances and new line extensions, and introduced Solférino, our newly created luxury fragrance brand.”
Interparfum's seven top brands – which represent 77% of sales – grew 8% in the fourth quarter to 31 December 2025, and 5% across the year.
“Jimmy Choo and Coach, the two largest brands in our portfolio, delivered strong annual performances, growing sales by 6% and 15% respectively, driven by the sustained success of the I Want Choo franchise and broad momentum across all Coach men’s and women’s lines,” said Madar.
“Montblanc and Guess ended the year on high notes driven by increased demand for Montblanc Explorer Extreme, and the Seductive and Iconic fragrance lines for Guess.
“This momentum delivered robust holiday results and fourth quarter growth of 22% and 7%, respectively, resulting in full-year sales that were broadly in line for both brands.
“Lacoste and Cavalli continued to perform exceptionally in their second full-year under our management, fuelled by innovative new launches and healthy global demand.
“Lacoste full year sales of $108m exceeded our initial expectations of $100m, growing 23% and 28% in the 2025 fourth quarter and full-year, respectively.
“Roberto Cavalli posted 33% growth for both the 2025 fourth quarter and full-year, underscoring the brand’s elevated positioning.
“We expect these brands to continue their upward trajectory in the coming years as we build on their momentum with new launches and broaden their global reach.”
Interparfums’ sales grew 3% in North America, 5% in Western Europe and 11% in South America – three of the company’s key markets.
Sales dropped 4% in the Middle East and Africa, but increased by 4% when stripping out the effects of the phase out of Dunhill, the menswear brand which ended its license agreement with Interparfums in 2022.
Distribution challenges in South Korea and India contributed to a 4% decline in sales in Asia Pacific, although this was partially offset by growth in Australia, China and Japan.
“Our travel retail business generated disproportionate growth compared to consolidated net sales as we continue to strengthen our presence in this emerging sales channel,” said Madar.
Interparfums’ 2026 outlook
Looking ahead, Interpafums maintained its outlook for sales of $1.48bn in 2026, which Madar described as a year of “cautious optimism” ahead of expectations for a “more favourable operating environment in 2027”.
Michel Atwood, CFO of Interparfums, said: “We are maintaining our 2026 outlook of $1.48bn sales and earnings per share (EPS) of $4.85.
“We believe it is prudent to monitor global developments in the early part of 2026 before potentially revisiting our guidance later in the year.
“We continue to be optimistic about the strength of our diverse brand portfolio, the agility of our organisation, and an innovation pipeline broadly in line with 2025.
“In combination, these factors should help us maintain market share in a normalising global market.”
Madar concluded: “While macroeconomic headwinds persist in certain key markets and trade destocking continues, we are encouraged by our 2025 performance as our business continues to benefit from the resiliency of the fragrance category, and the broad consumer shift toward prestige and luxury fragrances.
“We are excited about the near-term launches of our newest brands, including Annick Goutal, Off-White and Longchamp, the 15-year extension of our Guess license, and the prospects of our recently announced longer-term licenses with David Beckham and Nautica.
“Coupled with healthy sell-outs even in this still pressured environment, we believe that we are well-positioned to navigate short-term volatility and continue delivering durable, long-term results.”