Interparfums, Inc. reported that its consolidated organic sales for the first six months of 2025 grew 3%, but second-quarter sales declined moderately. Management attributed the Q2 decline to a shift in order timing into the first quarter, as previously shared.
European-based operations showed resilience, with sales increasing 6% in the second quarter compared to the same period last year, primarily attributable to strong performance in established lines across Lacoste and Coach. These two brands' sales increased by 59% and 42%, respectively.
In contrast, U.S.-based operations experienced a 20% sales decrease in Q2 from the prior year period, with an 8 percentage-point impact from the discontinuation of the Dunhill license. Organic net sales for U.S. operations declined 14% in the quarter.
The company expects momentum to build in the second half of 2025, supported by planned pricing actions set to take effect over the coming months and an alluring lineup of fragrance introductions. This strategy aims to capitalize on the strength of the prestige fragrance market and deliver stronger results.
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