on INTER PARFUMS (EPA:ITP)
Interparfums Reports Q1 2026 Sales Amid Challenges
Interparfums recorded Q1 2026 sales of €229.5 million at constant exchange rates, a decrease of 2.6% compared to Q1 2025. The impact of geopolitical disruptions and an unfavorable euro/dollar exchange rate led to a drop in sales to €215.5 million at current exchange rates, down by 8.5%.
By brand, Coach fragrances saw a 17% increase, while Jimmy Choo and Lacoste faced declines. Regional performance varied, with North America remaining stable and South America experiencing a 23% growth. Conversely, the Middle East and Western Europe registered declines, impacted by geopolitical tensions and market sluggishness, respectively.
CEO Philippe Benacin expressed satisfaction with the quarter's performance, considering external factors, and showcased confidence in the brand portfolio's strength.
R. H.
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