Connect with us

Fashion

Buoyed by Lacoste, Coach, and Jimmy Choo, Interparfums grows by 5.8% in the first half of 2025

Published

on


The Interparfums group posted sales of 446.9 million euros for the first half of 2025, up 5.8% on the same period last year. These results were mainly driven by the strong momentum of the Lacoste and Coach brands, and by the results of Jimmy Choo. On Tuesday, Interparfums also announced that it has signed a perfume license agreement with Longchamp until December 31, 2036, with immediate effect and a first launch scheduled for 2027.

Jimmy Choo reported first-half 2025 sales of 104 million euros (+3%) – Interparfums

In the first half of 2025, sales of Lacoste’s perfume segment rose by 42% to 52.2 million euros. The brand confirmed the positive trajectory it began in 2024, and Interparfums hopes it will reach 100 million euros in sales for the current financial year as a whole.

For its part, the fragrance segment of New York brand Coach grew by 24% between the first half of 2024 and 2025, reaching 106 million euros in sales thanks to the launch of the Coach For Men Eau de Parfum line in the first quarter, and Coach Women Gold in the second.

Lacoste, Coach, and Jimmy Choo fragrances in vogue

Jimmy Choo posted half-year sales of 104 million euros thanks to its “I Want Choo” women’s franchise, launched in 2021 and soon to be expanded with a fourth iteration. The first-quarter launch of a new fragrance in the Jimmy Choo Man franchise also contributed to this.

Perfumes from Rochas reached 19.8 million euros (-3%), with the launch of the Rochas Audace and Eau de Rochas Néroli Azur lines, while Lanvin sales reached 19.5 million euros (-7%). Montblanc results were down 10%, slowed by the decline of the Montblanc Legend Red and Montblanc Legend Blue lines. The other brands (Karl Lagerfeld, Van Cleef & Arpels, Boucheron, Kate Spade, Moncler) reported stable cumulative sales of 52.6 million euros over the same period.

Interparfums group expects to achieve sales of 910 million euros over the full 2025 financial year
Interparfums group expects to achieve sales of 910 million euros over the full 2025 financial year – Interparfums

At group level, the situation is very different in each geographic zone. North America, Interparfums’ main market, achieved sales of 164 million euros in the first half of 2025 (+15% on the same period in 2024), but the Group’s forecasts point to a “more difficult” second half of the year.

In Asia, the dynamic remains positive in China and Japan, despite distribution continuing to weigh on the market. The region accounted for sales of 62.2 million euros in the first half.

Business in the Middle East affected by geopolitical crises

In Western Europe, the resumption of Lacoste’s fragrance distribution and the Lacoste Original and Montblanc Explorer Extrême lines enabled the Interparfums group to achieve sales of 84.7 million euros over the first half of the 2025 financial year.

In Eastern Europe, the relaunch of Lacoste fragrances and good results from Lanvin and Karl Lagerfeld fragrances drove sales to 35.3 million euros over the same period (+15%). The Middle East suffered from the repercussions of existing conflicts in the region and a reduction in the number of points of sale. Sales in the region fell by 13% between the first half of 2024 and 2025, when they reached 24.9 million euros.

Coach exceeded 100 million euros in sales in the first half of 2025
Coach exceeded 100 million euros in sales in the first half of 2025 – Interparfums

While Interparfums chairman and CEO Philippe Bénacin stressed an “increasingly complex environment”, the group indicated that it could take comparable measures in the autumn should US tariffs reach 30% this August 1. For the time being, Interparfums estimates full-year sales for 2025 at €910 million.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Cosmetics giant Unilever finalises business demerger

Published

on


By

AFP

Published



December 5, 2025

The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.

Reuters

Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.

The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.

Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.

“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.

Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
 

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.



Source link

Continue Reading

Fashion

Burberry elevates two SVPs to supply chain and customer exec roles

Published

on


Published



December 5, 2025

Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.

Burberry – Spring-Summer2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm. 

In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.

Matteo Calonaci - Burberry
Matteo Calonaci – Burberry

Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.

Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.

JohnattanLeon - Burberry
JohnattanLeon – Burberry

Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Puneet Gupta steps into fine jewellery

Published

on


Published



December 5, 2025

Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.

Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta

 
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”

The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.

An eclectic mix of jewels from the collection
An eclectic mix of jewels from the collection – Puneet Gupta

 
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Trending

Copyright © Miami Select.