Interparfums lowers 2025 sales target, operating profit up 23.2% in first half

Interparfums reported a 23.2% increase in first-half operating profit on Tuesday, citing limited marketing and advertising spending and consistent control of fixed costs. However, the company lowered its full-year sales outlook, pointing to ongoing geopolitical instability and cautious consumer behavior across multiple markets.

“Despite a lack of visibility linked to a disrupted international situation, an unfavorable euro-dollar exchange rate, and cautious engagement from our partners, our 2025 sales should be around €900 million,” said Chairman and CEO Philippe Benacin in a statement.

In July, the group stated that it expected annual sales to fall at the lower end of its previously announced forecast, near €910 million.

For the first six months of the year, operating income totaled €103.8 million, compared to €92.7 million in the same period last year. The company credited the improvement to the growing contribution of its U.S. subsidiary and continued cost control.

Benacin added that fiscal 2026 and 2027 would benefit from the brand portfolio’s expansion—including Off-White, Annick Goutal, and Longchamp—as well as a schedule of significant launches across the company’s catalog.

In its press release, Interparfums also noted that it is exploring additional strategic options to help reduce the impact of U.S. tariffs on overall profitability.