The Interparfums group was affected by exchange-rate fluctuations in the third quarter and saw sales decline despite growth in Jimmy Choo fragrances and strong sales momentum in France and the Americas.
The group highlights growth in its Jimmy Choo fragrance business – Interparfums
Sales totalled €253.5 million for the three months from July to September, down 1.6% on the same period last year, the group said in a press release on Tuesday.
The decline was due to “the weakness of the dollar”, Interparfums said, noting that, at constant exchange rates, sales were up by 1.6%, “reflecting solid momentum across the group’s flagship brands, notably Jimmy Choo fragrances.”
This was, “despite a high comparison base, linked to record activity in the third quarter of 2024”, it added. Sales had jumped 20% last year.
“In the current geopolitical and economic context, we delivered a good quarter, partly masked by the unfavourable movement in the euro/dollar exchange rate, but it confirms our excellent start to the year,” said Interparfums’ CEO Philippe Benacin in a press release. This “enables us to maintain our sales target of around €900 million for the full year 2025”, he added.
South America and France drove growth in Q3, with sales up 18% and 23% respectively. For the first nine months of 2025 as a whole, sales climbed 3% to €700.4 million.
Over this period, “North America is the fastest-growing region… driven by a still dynamic US market where Interparfums is gaining market share. Thanks to Coach (+18%) and especially Jimmy Choo (+20%) fragrances, the United States posted growth of 14% at constant exchange rates, and 9% at current exchange rates”, the group said.
The Lacoste brand also recorded growth of 24%. “In their second year on the market, Lacoste fragrances confirm the positive trajectory begun last year,” said Interparfums. “This performance is perfectly in line with the brand’s redeployment plan and annual objective.”
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