Interparfums Q3 revenue rises 2%, Jimmy Choo leads growth

Investing.com -- Interparfums reported third-quarter revenue of €254 million, representing a 1.6% decline in reported terms but a 1.6% increase at constant exchange rates.

The fragrance company delivered this relatively positive performance despite challenging conditions including a weaker U.S. dollar, new American tariffs, and a high comparison base.

Shares in the company rose 1.5% following the announcement.

For the first nine months of 2025, Interparfums recorded revenue of €700 million, up 3% as reported and 4.4% at constant exchange rates.

Jimmy Choo remained the company’s growth engine, with the brand’s revenue increasing 10% in the third quarter and approximately 15% at constant exchange rates. Coach, the company’s second-largest brand, saw growth slow from 24% in the first half to a 1% decline in Q3, though it managed about 3% growth at constant exchange rates.

Montblanc, the third-largest brand in the portfolio, experienced an 8% revenue decline in the third quarter. Lacoste revenue was nearly flat in Q3 after surging 42% in the first half. The company’s proprietary fragrance brand Lanvin saw revenue drop 21% due to a lack of new product launches.

By region, North America continued to be Interparfums’ strongest market, with revenue growing 2% in reported terms and over 10% at constant exchange rates in Q3. This contributed to a 16% constant-currency growth in the region for the first nine months of 2025. Since August, the company has implemented approximately 6% price increases in the U.S. to offset the impact of tariffs.

Western and Eastern Europe saw a 9% revenue decline in the third quarter, while France posted 23% growth, driven by Lacoste’s continued success. Asian revenue fell 10% despite progress in China.

The company’s CEO confirmed Interparfums’ 2025 revenue target of around €900 million. With €700 million already achieved through September, this guidance implies fourth-quarter revenue of approximately €200 million, which would be relatively flat in reported terms but slightly higher at constant exchange rates.

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