Net Sales Dip 2% for Interparfums in Q2 2025

Net sales for Happi Top 50 Company Interparfums dipped 2% for the three months ended June 30, 2025, and increased 1% for the six months ended June 30, 2025.

In Q2 2025, the company reported net sales were $334 million in 2025 versus $342 million the prior-year quarter.

For the first six months, net sales increased 1% from a reported $666 million in 2024 to $673 in 2025.

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, according to Interparfums Chairman Jean Madar.

“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,” said Madar. “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.”

During the second quarter, sales by European based operations increased 6% compared to the same period last year. Officials attribute the increase to strong performance in the established lines across Lacoste and Coach, plus the successful launches of Coach for Men Eau de Parfum and Coach Women Gold. These two brands’ sales increased by 59% and 42%, respectively, and Lacoste remains well positioned to become our next $100 million brand.

As compared to the high base in last year’s second quarter, Jimmy Choo fragrance sales declined 20%. However, year-to-date, brand sales are ahead 5% due in large part to the introduction of Jimmy Choo Man Extreme earlier this year, and the popularity of the I Want Choo fragrance family.

As expected, Montblanc sales were broadly flat in the second quarter, but officials expect the recent launch of Explorer Extreme to help fuel brand growth in the second half of the year.

“For United States based operations, 2025 second quarter sales decreased 20% from the prior year period primarily driven by an eight percentage-point impact from the discontinuation of the Dunhill license,” noted Madar. “On an organic basis, net sales declined 14%. With the phase-out of Dunhill fragrances completed last August, we expect minimal impact on quarter-over-quarter comparisons going forward.”

Officials blame the 8% and 13% decline of Guess and Donna Karan/DKNY fragrance sales to tariff generated supply chain disruptions. Officials expect momentum to build in the second half with both brands benefiting from strong market positioning and planned innovation. Roberto Cavalli fragrance sales continue to benefit from its integration, growing 23% and 25% for the second quarter and year-to-date, respectively. MCM sales rose by 3% for the quarter with continued success from the launch of the MCM Collection.